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Travers Smith LLP has advised HSBC Bank plc on Epiris' acquisition from De La Rue plc its paper business, including the paper mills at Overton and Bathford.

A new EU regulation is due to enter into force aimed at removing barriers to crossborder e-commerce in the EU.

Travers Smith LLP has acted for Goldman Sachs International and Numis Securities in their capacity as joint bookrunners on the £80m placing of new ordinary shares issued by Learning Technologies Group plc (LTG).

Two recent high profile cases throw a spotlight on this question.

Travers Smith LLP has advised its long-standing AIM-listed client, Breedon Group plc, on the acquisition of Lagan Group (Holdings) Limited, a leading construction materials business based in Belfast, for a consideration of £455 million on a cash- and debt-free basis.

Travers Smith LLP has advised new client Inflexion on its minority investment in Huws Gray Limited (Huws Gray), one of the largest independent builders merchants in the UK.

Building personal relationships, listening to what clients want and understanding what is happening in the market are all key to generating new business and delivering a premium client service.

Travers Smith LLP has advised the founder and management team of Phaidon International (Phaidon), a London-headquartered recruitment firm, on the sale of Phaidon to Quilvest Private Equity, the private equity arm of the Quilvest group.

Travers Smith LLP has advised long-standing client TA Associates on its strategic reinvestment in The Access Group alongside new investor Hg. Current majority shareholder TA Associates will retain joint control of The Access Group following completion of the transaction.

In the first contested prosecution under section 7 of the UK's Bribery Act 2010 (the "Act"), a Londonbased interiors company has been found guilty of the 'corporate offence' of failing to prevent bribery.

In Lehman Brothers Special Financing Inc. v National Power Corporation and another [2018] EWHC 487 (Comm), the High Court ruled that the requirement to use "commercially reasonable procedures" to produce a "commercially reasonable result" in determining the Close-out Amount under the 2002 ISDA Master Agreement was to be assessed by reference to an "objective" standard of reasonableness. This decision emphasises the need for close scrutiny of the exact contractual wording in question in determining the ambit of any contractual discretion.

In two recent high-profile takeovers, bidders gave binding commitments as to the conduct of the target business post-completion, in order to protect broader stakeholder interests. This legal briefing considers the regulatory framework for these commitments, and highlights that a bidder needs to consider not only the price to offer shareholders, but also what protections it is extending to other stakeholders.

Travers Smith LLP has advised longstanding client Phoenix Equity Partners (Phoenix) on its acquisition of Capital Economics Research Limited (Capital Economics) from sellers including LDC and the existing Capital Economics management team in a transaction valuing Capital Economics at circa £95 million.

Travers Smith LLP has advised existing client Eggplant, formerly Testplant, on its acquisition of the NCC Group's Web Performance Division. Eggplant, a portfolio company of The Carlyle Group, is a leading international provider of digital automation intelligence solutions.

It has been exactly twelve months since the UK submitted its notification of withdrawal from the EU under Article 50 of the Treaty on European Union. In twelve months' time, assuming that there has been no agreed extension of the negotiating period or permitted revocation of the withdrawal notification, the UK will officially leave the EU and become a "third country".

Travers Smith LLP has advised longstanding client Equistone Partners Europe (Equistone) on its upcoming acquisition of the Small World Financial Services (Small World) from sellers including FPE Capital, MMC Ventures and the existing Small World management team.

Travers Smith LLP has advised the management team of Time Inc UK on the acquisition by Epiris of the UK arm of Time Inc from Meredith Corporation.

Travers Smith LLP has advised the senior executive team of Canopius in relation to the negotiation of their equity terms as part of its acquisition by a private equity consortium led by Centerbridge Partners, L.P., which includes private investment firm Gallatin Point Capital LLC.

The UK’s real estate market attracts significant levels of investment from across the world, and many global corporate occupiers. It is not unusual for one or more of the landlord, tenant or guarantor in a commercial letting to be an entity based outside England and Wales.