Outward bound: Simon Gildener, Howden

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Latest Briefings

The Commercial Agents Regulations: a step behind the times?

By Alex Williamson The Commercial Agents (Council Directive) Regulations 1993 (the Regulations) are 25 years old this year. An evaluation by the European Commission concluded in 2015 that the underlying Commercial Agents Directive (the Directive) still met its objectives and functioned well. However, a recent Court of Appeal decision has shown that the legislation is struggling to […]

Exclusion clauses under the spotlight: UCTA reasonableness

By Perran Jervis In decisions handed down one day apart, the Court of Appeal concluded that a far-reaching exclusion clause which limited liability for negligence was reasonable under the Unfair Contract Terms Act 1977 (UCTA), whereas an exclusion clause in a lease (in the form of a non-reliance clause) was not. The decisions emphasise that […]

Currency, cost calculations and contractual clarity

Walker Morris’ Head of Commercial Dispute Resolution, Gwendoline Davies, highlights the importance of dealing comprehensively and clearly with matters of currency and calculation in cross-border contracts…

Belgian draft Trade Secrets Act: opportunities for the life sciences sector

On 8 June 2016, the EU Trade Secrets Directive was adopted. The main purpose of the Directive was to harmonise and enhance the protection of trade secrets EU-wide and to thus create an innovation-friendly environment for businesses. The EU Member States had to implement this Directive by 9 June 2018. Belgium missed the deadline, but […]

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Wall St Woes: Labor data

The dramatic drop in legal jobs last month is an indicator that recession is more than just looming. The US Bureau of Labor Data Statistics monthly employment report paints a bleak picture reporting the first significant year on employment rate drop in a decade (see story). Record layoffs and firm dissolutions have contributed significantly to […]

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As the financial crisis bites, a well-timed ruling from the Isle of Man means that the territory now recognises administrators from other jurisdictions. By Rob Long As the global economic storm continues to rage, in a ­timely court judgment the Isle of Man court has recently ­reiterated its willingness to give assistance in cross-border insolvency […]

1

A&O growth rate dips by 39 per cent

Allen & Overy’s growth rate has decreased by 39 per cent according to its 2008-09 half-year results. Allen & Overy’s (A&O) growth rate has decreased by 39 per cent according to its 2008-09 half-year results. The firm, which is the first in the magic circle to post its ;figures, ;generated £548m of fees this half-year […]

Eversheds axes 31 lawyers

Eversheds axes 31 lawyers” />Eversheds is in the final stages of its first redundancy consultation and is expected to axe a total of 31 lawyers. The consultation, which took place with 33 lawyers across the real estate group, also hit the litigation practice, with at least three associates specialising in property disputes being made redundant. […]

Battling on

Despite criticism of its regulatory regime, the British Virgin Islands is working hard to keep its house in order, says Terrence Williams Robust regulation and ­effective enforcement are the cornerstones of maintaining investors’ confidence in our financial system. Despite criticism from some quarters, the British Virgin Islands (BVI), through words and deeds, is committed to […]

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