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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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Guernsey

Interest in Guernsey-based investment funds is rocketing following a relaxation of regulation. Ben Morgan reports

Charles Russell half-year revenues rocket 25 per cent

Charles Russell has reportedly increased gross revenues by 25 per cent during the first half of the fiscal year. Managing partner Grant Howell claims that the firm’s billings have jumped an estimated £5m during the first half of 2005/06 to reach £25m, up from an estimated £20m this time last year. Howell claims the increase […]

Carlyle turns to Latham for China LBO

Latham & Watkins is acting for longstanding client Carlyle Group on the largest leveraged buyout in China – the $371m (£210m) takeover of Xugong Group Construction Machinery, China’s largest construction equipment producer. Carlyle bought an 85 per cent stake in Xugong from the city government of Xuzhou. It is understood that the landmark deal, which is […]

Euronext, Deutsche Börse ponder tough LSE bid conditions

The Competition Commission has given the green light for Euronext and Deutsche Börse to bid for the London Stock Exchange (LSE), but imposed some tough conditions that many believe are potential deal-breakers. Following a seven-month inquiry, the commission found that both bids would “substantially lessen competition” and ruled that the deals would only get the […]

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