Our knowledge resources reflect the breadth and depth of our expertise, our insight into the issues which matter to your business, and our understanding of the markets in which you operate.
In the briefing below, we consider the Supreme Court's recent decision on contractual interpretation and implication of terms in Wells v Devani [2019] UKSC 4, which provides a timely reminder of the way in which the courts will approach oral contracts and the need where possible to commit such contracts to writing.
The government's Brexit advice urges businesses trading with the EU to review their contracts for the supply of goods – particularly those based on Incoterms – to ensure that they remain appropriate in the event of "no deal". What are Incoterms, why do they matter and what changes should you make in the light of Brexit?
Travers Smith LLP has advised Leep Utilities on its agreed acquisition of SSE Water Limited from SSE plc for an undisclosed sum.
Travers Smith LLP has acted for Peel Hunt and Investec Bank in their capacity as joint bookrunners on the c.£160m placing of new ordinary shares issued by GB Group plc (GBG).
Travers Smith LLP has advised long-standing client The Carlyle Group (NASDAQ: CG) and other shareholders on the sale of graze to Unilever.
The EU Revised Shareholder Rights Directive (SRD II) is currently required to be implemented by 10 June 2019. It seeks to encourage long-term shareholder involvement through increased transparency and engagement between asset managers and asset owners.
Travers Smith LLP has advised August Equity LLP and management on the sale of the SecureData Group ("SecureData") to Orange Business Services S.A. (a company backed by Orange Cyberdefence, the cyber division of the global telecoms and mobile operator Orange).
As if 2018 wasn’t eventful enough in terms of data protection, 2019 has certainly started with a bang. On 21 January, Google was issued with a €55 million fine by CNIL, the French data protection regulator - the first major fine to be imposed under the General Data Protection Regulation.
Using a traffic light approach, we consider the sorts of amendments which might impact on "day one" security.
There is now at least some prospect of the UK leaving the EU on 29 March 2019 without either transitional arrangements or a long term comprehensive reciprocal regime being agreed as to how English courts and those of the r.EU should co-operate in a post-Brexit world, including in relation to allocating jurisdiction between them and recognising and enforcing each other's judgments in commercial cases.
As you will be aware, changes were announced in the October 2018 Budget to the qualifying conditions for Entrepreneurs' Relief (ER) requiring that, as well as holding 5% of share capital (by nominal value) and 5% of voting rights, an ER shareholder should be entitled to 5% of dividends and proceeds on a winding-up at all times during the relevant holding period (one year until 5 April 2019, two years thereafter).
Welcome to our 2019 newsletter, in which we share news of our planned events and other resources for in-house counsel this coming year, as well as a brief overview of the topics that we anticipate will dominate the legal agenda in 2019.
Travers Smith LLP is delighted to announce that it has been ranked in 25th place in the Stonewall Top 100 Employers List 2019.
2018 has seen a wave of company voluntary arrangements ("CVAs") hit the market, with high profile companies such as House of Fraser, Carpetright, New Look and Homebase (to name a few) all making use of this restructuring tool. This briefing note explains how a CVA works, provides an overview of current "market" themes, and makes some predictions on the future of CVAs.
The "off-payroll" working rules typically apply to individuals supplying their services through an intermediary (commonly a personal service company) and were introduced for public sector contractors in April 2017. Legislation to extend the rules to the private sector from April 2020 will be published this summer but, in the meantime, there is action that those engaging workers through personal service companies (PSCs) can take.
"In this briefing we summarise some of those key known knowns and known unknowns which should be the focus of attention for firms in the coming year and beyond. As for the unknown unknowns, who knows?
Following the result of Parliament's vote on the Government's proposed Brexit deal on Tuesday 15 January 2019, it looks increasingly likely that the UK may leave the European Union ("EU") on 29 March 2019 ("Brexit Day") without a negotiated deal in place.
Travers Smith LLP and French law firm De Pardieu Brocas Maffei have advised Looping Group on its acquisition of 100% of West Midland Safari Park Limited, which operates West Midland Safari Park (WMSP).
Key employment and business immigration developments for employers