SECURITISATION

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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 […]

Recommended

Trinity Mirror

“To publish and be damned” is not the only legal headache a newspaper and magazine publisher such as Trinity Mirror faces. Its commercial interests cover 165 national and regional newspapers, sports publications, magazines, managing and staging exhibitions, and also provides internet services. Last year, Trinity acquired the Mirror Group – owner of the Sunday Mirror, […]

ICL Ireland sets up first in-house legal function

The Belfast office of PricewaterhouseCoopers has lost its director of corporate legal services to ICL. Raymond McGinley has joined the IT services company as senior legal adviser for Ireland. ICL managing director Brian Baird says he has been looking for internal legal advice for some time. “We’ve been moving the business towards e-commerce services, which […]

The South West & Wales: THE WELSH NATIONAL ASSEMBLY

The work of the Office of the Counsel General (OCG) falls into three broad areas: drafting subordinate legislation; advising the assembly; and representing the assembly in litigation. The OCG instructs the Treasury Solicitor in connection with most litigation, and Eversheds‘ Cardiff office in connection with a large part of the non-core advice work. Core advice […]

Sidley & Austin boosts London office

Chicago firm Sidley & Austin is flying in two partners from its foreign offices to boost its international finance practice in London. Securitisation partners Nick Brittain and Dennis Dillon are moving over from New York and Singapore respectively to boost the finance group to 12 partners. Brittain specialises in commercial mortgage-backed securitisation transactions, which have […]

A VIEW FROM RUSSIA

President Putin’s ringing endorsement last Sunday of production-sharing agreements (PSAs) in Russia came as a welcome surprise. Indeed, it may just lead to the final reforms needed to attract the billions of dollars that western companies appear ready to invest in Russia’s energy sector. Speaking in Sakhalin at the well-attended PSA 2000 Conference, Putin also […]

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