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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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Bond Pearce introduces merit-based remuneration

Bond Pearce is overhauling its lockstep in a drive to increase its competitive edge by adding a merit-based element, as the firm reports a 15 per cent drop in profit per equity partner (PEP). The new remuneration system will take effect from April 2007 for the 2007-08 financial year and replaces the firm’s more traditional […]

A&O taps bank for £75m to cover HQ relocation

Allen & Overy (A&O) has secured a £75m bank facility to help cover the cost of its new offices at Bishops Square. The loan was put in place last year to augment the current £65.8m cash surplus A&O has built up via retained profit to pay for the move, planned for this October. A&O finance […]

Hunton high and low

Lawyers are not normally connected with industrial espionage, but the legal bods at Hunton & Williams haven’t let that stop them. Housed on floor 18 of the Gherkin, Hunton lawyers must normally descend to the first floor to catch a lift to the restaurant. However, many of them have been taking a detour via the […]

Specialised local government legal qualification on the cards

Talks are being held to forge a brand-new qualification for lawyers specialising in local government work. The talks promise to revolutionise the way local government specialists are hired and promoted, and could lead to voluntary assessments beginning in as little as 15 months’ time. Local government law chiefs at firms including Bevan Brittan, Pinsent Masons […]

Bitter bill to swallow

Three lawyers on a mission: to change the Companies Bill before it’s too late. But is the City listening? They look like unlikely crusaders. If you were putting together a campaign team, a Herbert Smith partner, a Freshfields Bruckhaus Deringer partner and the general counsel of Scottish & Newcastle (S&N) would not immediately come to […]

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