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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

Cut-price will cut service

You rightly say that “it is time for the conveyancers to give the public what they want” (‘Get real or get out’ The Lawyer 22 August). All the evidence suggests that the majority of the public want a proper quality service and are not greatly concerned about the level of fees. The public also want […]

Floating over the Atlantic

On the 14 June 1995 official dealings commenced on the London Stock Exchange and the US Nasdaq National Market in the shares of Nynex Cable Comms, one of the UK’s largest cable telecommunications and television companies. The offering raised about £383 million net of expenses. The flotation involved three London law firms and two US […]

A cautionary tale

The results of The Lawyer survey on attitudes to the change in the law affecting a suspect’s “right to silence” make alarming reading. The raison d’etre of the law, that less “guilty” people would escape justice, seems at odds with the findings which reveal that six in ten solicitors believe that there is no change. […]

Financing

Davies Wallis Foyster acted for Admiral Leasing in a £7.5 million refinancing. Addleshaw Sons & Latham acted for a syndicate led by Bank of Scotland. Herbert Smith advised Kleinwort Benson.

Property

Gouldens advised Artesian Estates on the acquisition of ground rent companies owned by, among others, John Ritblat, MD of the British Land Company. The ground rent companies own over 23,000 residential properties. The initial consideration of £2,061,000 was satisfied by the issue of 2,397,000 new ordinary shares.

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