Sidley Austin appoints new top man in Asia

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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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BNP Paribas calls on Ozannes to create indices-based pension

Leading Guernsey firm Ozannes has played a crucial role in paving the way for client BNP Paribas to launch the first pension hedge. Ozannes corporate partner David Moore was brought in by BNP to redraft Guernsey’s insurance laws to enable life contracts to be written by reference to indices rather than by reference to life risk. […]

Finance deals round-up

Clifford Chance advised MBNA Europe Bank in structuring and executing the first reverse enquiry-driven trade through a newly-established delinked securitisation platform. The issue was a single class of £250m ‘Class A’ floating rate notes. Securitisation partner Debashis Dey led the team, which included assistant Martin Wong and tax partners Stephen Shea and Etienne Wong. Sidley […]

Print error

The Lawyer’s scribes rushed off to the bookshop last Monday (8 November) to buy a copy of Lynne Truss’s Eats, Shoots & Leaves: The Zero Tolerance Approach to Punctuation, their heads hanging in shame. Why was this? Surely Tulkinghorn’s finest are the very paragons of grammatical virtue? But, as Truss delighted in pointing out, it’s […]

European dissatisfaction prompts White & Case remuneration review

White & Case has launched an internal assessment of its partner compensation structure amid frustration from some European partners that the current scheme unfairly favours the US operation. An international review committee comprising representatives from the firm’s US, Europe and Asia operations has been assessing ways of better remunerating partners. It is understood that the […]

Grapevine

Firms’ friendship Linklaters’ leveraged buyout team has done remarkably well to become many senior lenders’ third choice after Allen & Overy (A&O) and Clifford Chance. But it’s not all about getting in with the banks. Cannily enough, the young leveraged finance team seems to have realised that referrals from other firms are just as important. […]

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