Pinsents beefs up regulatory

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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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A&O and Ashurst win £11bn Altadis-Imperial roles

Imperial Tobacco’s €16bn (£11bn) takeover of Spanish tobacco company Altadis has yielded a brace of deals for Ashurst and Allen & Overy (A&O). Ashurst is advising the banks Citigroup, ABN Amro, Lehman Brothers and Morgan Stanley, while A&O is acting for Imperial Tobacco. To fund the bid Imperial Tobacco will launch a £5.4bn rights issue […]

Bond Pearce saves Stewarts £200K in High Court claim

Bond Pearce has saved litigation firm Stewarts Solicitors from a £200,000 High Court claim brought by trusts lawyer Rosemary Phelps of Russell-Cooke Solicitors. Insurance litigation partner David Turner led the Bond Pearce team, which won the work through its position on the panel at St Paul Travelers, the professional indemnity insurer for Stewarts. In 1999 […]

Fried Frank raids A&O for German ECM launch

Fried Frank is set to launch an equity capital markets (ECM) practice in Germany with the hire of a partner from Allen & Overy’s Frankfurt office. Michael Schlitt, A&O’s head of equity capital markets in Germany, has resigned to join Fried Frank’s fledgling corporate business, according to German magazine Juve. The move comes just weeks […]

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LG: Penny Francis

LG’s partner profits fell last year. So can new offices, a new name and a new international strategy help the firm regain some momentum? When LG (formerly Lawrence Graham) announced in June a flat revenue of £66m and a drop in average profit per equity partner (PEP) from £465,000 to £445,000 for the 2006-07 financial […]

Breaking up is hard to do

What a mess. The £4.5m age claim brought by Peter Bloxham against his former firm Freshfields is like a particularly bitter divorce. The central issue is this: did Freshfields’ attempt to reform its unfunded pension system overlap with its root-and-branch restructure of the partnership, dubbed internally as ‘Size and Shape’?Bloxham, who had to retire from […]

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