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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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Rugby row set for kick-off

A challenge over the decision of those responsible for administration of first division rugby to reduce the number of first division clubs from 14 to 12 is to be heard in the High Court on 26 August. The challenge has been mounted by Rotherham Rugby Union FC and the managers of second division rugby. Rotherham […]

The Firm

Minutes of a recent meeting at The Firm between Jack Pratchard, Tom Henderson, Big Tosh from security and some overseas guests. Pratchard: You know me, Tom. I have a strategic vision for The Firm which has seen us through this far. We copy what all the other firms are doing. If it’s good enough for […]

Flotation

Addleshaw Booth & Co has advised Royal Doulton on its bid to raise u31.2m through a placing and open offer. Corporate finance partner Richard Fleetwood led the deal. Freshfields acted for financial advisers Cazanove.

Dickinson Dees poaches Arthur Andersen team

Newcastle firm Dickinson Dees has poached a senior financial planning team from Arthur Andersen to bolster its private client practice. The move has forced the top five accountant to review its regional management structure. The five-strong team will join Dickinson Dees’ private client practice. It is led by David Dale, who headed Andersen’s financial planning […]

Flotations & Financing

Herbert Smith partner David Wyles advised BSkyB on taking out a £750m facility to refinance existing facilities of the BSkyB group and to provide working capital. Norton Rose acted for the joint arrangers of the facility Toronto Dominion Bank Europe and Citibank NA. The Norton Rose team was led by telecommunications finance partner Michael Ings.

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