Shearman and (more) Sterling

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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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Neilson-Clark

Moves 12 May

  Move of the week McGuire Woods has hired Simon Neilson-Clark as a restructuring and insolvency partner. He was previously a partner at DLA Piper and has 25 years’ experience representing borrowers, lenders and insolvency practitioners in distressed situations involving international structures.   UK London Kingsley Napley has hired Zoë Sive as a private client […]

Addleshaws
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Addleshaw Goddard elects John Joyce as managing partner

Addleshaw Goddard has confirmed that head of business support and restructuring John Joyce has been elected managing partner for a term of three years from today (16 May). Joyce ran against former head of real estate Adrian Collins in the election, which kicked off early after incumbent Paul Devitt stood down from the post a […]

Kennedys

Kennedys responds to HMRC with 30 per cent cash call to FSPs

Kennedys has called on its fixed-share partners (FSPs) to top up their capital contributions to 30 per cent of their salaries in response to HM Revenue & Customs’ (HMRC) changes to partnership taxation. Kennedys was one of the first of the top 100 firms to launch a consultation with its partners in response to HM […]

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