Raft of firms steer sale of V2 Music

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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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Bingham partner left for rights

Bingham McCutchen litigation partner Neil Micklethwaite has turned his back on the firm to set up a human rights litigation boutique with pal and former colleague Roger Gherson. The new firm is obviously going to be dealing in a very honourable sector of the law, but the development does beg the question: what was a […]

CC Budapest partnership put on lowest equity ladder

Clifford Chance is gearing up to move its Budapest partnership onto the lowest of its three equity ladders, with Prague and Warsaw already operating on the lower level. Ladder one, which runs from 30 to 70 points as opposed to the normal 40 to 100, was okayed by the firm’s global partnership at the end […]

Slaughters chief hits out at PEP obsession

Slaughter and May senior partner Tim Clark has described the legal market’s focus on average profit per equity partner (PEP) as a “negative influence”. Clark debates the best measure of firm performance with Allen & Overy managing partner David Morley, Clifford Chance managing partner David Childs, DLA Piper CEO Nigel Knowles and Freshfields Bruckhaus Deringer […]

Clarke Willmott advises on Portuguese takeover of Swindon Town

Bristol firm Clarke Willmott has become the latest firm to benefit from the series of foreign takeovers of UK football clubs, advising the board of Swindon Town Football Club on its acquisition by Portuguese company Best Holdings. Sports partner Trevor Watkins led the Clarke Willmott team. He said: “We are seeing more and more of […]

Bingham partner quits for new launch

•Bingham McCutchen financial services and litigation partner Neil Micklethwaite has announced his departure from the firm to launch a litigation and human rights boutique. Roger Gherson, a former colleague of Micklethwaite’s from his time at Gouldens, will open the new firm, named Gherson, on 15 September. The 24-lawyer firm will specialise in immigration, litigation and […]

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