US firms pay a packet in London

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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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Separated at birth

Tulkinghorn has been alerted by an anonymous source to the uncanny likeness that SJ Berwin financial services partner David Calligan bears to Ally McBeal star John Cage. Like Calligan, Cage – aka ‘the biscuit’ – is a lawyer. But after that the similarities end, as Cage is a litigator while Calligan is a financial services […]

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As always, Tulkinghorn gets all the exclusives. The legal world may be aware that Paul Rhodes, Hammonds Suddards Edge’s highly-rated head of national insolvency and corporate recovery, is retiring, but does it know why?`Once again, Tulkinghorn has sniffed out the answer. After doorstepping Rhodes for weeks, he confessed the truth to Tulkinghorn: “I want to […]

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Norton Rose clinched QBE International Insurance as a client when it pitched to advise on its bid for UK insurer Limit, which turned out to be the biggest take-over in the Lloyd’s market. That deal closed last summer and this time QBE came to Norton Rose with a proposal.`The deal is unusual because the acquisition […]

The Leader Column

Beware the apathy. Last year, it was only a surprisingly generous Law Society that saved a raft of firms, both large and small, from punitive premiums on their professional indemnity (PI) insurance, as it moved from the Solicitors Indemnity Fund (Sif) to the open market.`The Law Society allowed firms that missed the 1 September deadline […]

Barlows wraps up first Bourne deal

Barlow Lyde & Gilbert has done its first deal for the management of Bourne Leisure Group, advising on its buyout of Haven’s 12 caravan parks to form a new company named Park Resorts.`The management buyin and buyout created a company worth £46m, making it the UK’s second-largest caravan park group. David Vaughan, former managing director […]

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