Shearman’s Moore withdraws Freshfields claim

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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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Dewey forefather shows forethought

We all know the importance of law firm names, especially when there’s a merger afoot. Many a long hour has been wasted, ahem, spent coming up with the definitive name for post-merged entities, with the supremacy of one dead white male over another the ultimate topic of debate. For Dewey & LeBoeuf, formed a little […]

Stephenson Harwood Asia strategy pays off

Stephenson Harwood has landed a lead role advising on a significant UK investment by an Indian company. Corporate partner Pawan Sharma advised bicycle company Hero Group on its £40m acquisition of UK call centre company Telecom Service Company (TSC). Sharma said: “After Tata’s acquisition of Corus, this is the most significant piece of investment outside […]

Lovells tinkers with lockstep again

Lovells is reviewing its lockstep once again with the intention of allowing partners in economically weaker jurisdictions to enter the equity. Currently the firm’s equity ladder starts at 30 points, increasing by three points a year over a 10-year period. However, with partners having to meet certain requirements in order to enter the lockstep it […]

Singapore review group says no to full liberalisation of legal market

Following recommendations by a review committee to the government, Singapore is not expected to give the go-ahead for a full liberalisation of the country’s legal services sector. The review outlines proposals for a period of three to five years and covers all aspects of the local legal scene. Recommendations are understood to have been made […]

RSP principles win legal and banking market approval

Lawyers and bankers gave a thumbs up to the recently issued principles for retail structured products (RSPs) after two feedback meetings were held last month. Both meetings, one of which was held at Clifford Chance‘s London office, discussed how the RSP principles could be further refined in order to improve the distribution of these investment […]

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