<p>Filter Knowledge</p>

How confidential information exchanged at a single meeting can infringe competition law

Travers Smith LLP has advised long-standing client Phoenix Equity Partners ("Phoenix") and management on the sale of Musto to Helly Hansen, a Norwegian outdoor clothing specialist backed by the Ontario Teachers' Pension Fund (the "Acquisition").

The decision in Franses v the Cavendish Hotel [2017] EWHC 1670 has attracted a lot of concern as to whether a landlord's motive is relevant to its ability to utilise section 30(1)(f) ("Ground (f)") of the Landlord and Tenant Act 1954 (the "LTA 1954"). Tenants and their representatives are concerned that Ground (f) is being used openly to defeat the purpose of the LTA: 1954 to protect tenants' business tenancies.

Travers Smith LLP has advised Numis Securities Limited in its capacity as sponsor, financial adviser and joint bookrunner and Panmure Gordon (UK) Limited in its capacity as joint bookrunner in connection with the £55.9 million placing of new shares by Hilton Food Group plc in connection with its acquisition of Icelandic Group UK Limited for £80.8 million.

The provision of heating from combined heat and power ("CHP") plants through a network of underground and internal heating pipelines has become a fairly common aspect of the utilities infrastructure in modern residential and mixed-use development schemes. They are also an increasingly popular investment asset class in their own right, attracting a diverse range of investors into the infrastructure sector.

Travers Smith LLP is delighted to announce its sponsorship of the Aspiring Solicitors Commercial Awareness Competition 2017/2018. The registration for this prestigious national competition closed on 10 October 2017, with 1,100 students registered to compete this year.

All too often, businesses believe that they have secured a valuable commitment to exclusivity – only to discover that, when they come to enforce it, the relevant contractual provisions aren't watertight. In this briefing, we look at how to avoid the most common pitfalls and ensure that your exclusivity provisions achieve your commercial objectives.

Childhood memories, social media, black identity, and evolving landscapes are just some of the themes being explored in this year's Travers Smith CSR Art Programme.

Travers Smith LLP is delighted to be partnering with leading open source software development and security consultancy Black Duck and industry body techUK to host a breakfast seminar focused on managing open source software risks.

Landlords are responsible for the buildings they own. But increasingly this responsibility is being extended to encompass the behaviour of their tenants.

Travers Smith LLP has advised Kester Capital LLP on the management buyout of CETA Insurance, a privately owned tech-enabled insurance broker.

Travers Smith LLP is delighted to announce that it was awarded the Law Firm of the Year; Funds Structuring Award at the 2017 Unquote British Private Equity Awards.

Travers Smith LLP has advised long-standing client Safestore Holdings plc on its £56 million acquisition of Stork Self Storage (Holdings) Limited (trading as Alligator Self Storage) from a company controlled by funds managed or advised by York Capital Management.

Battery storage is the way ahead for renewable energy. However, there are various practical, legal and technological hurdles to overcome before this solution can be fully implemented.

Commercial, IP and Technology Partner, Ben Chivers recently hosted a talk on technology in the modern age, where David Rowan, former editor-in-chief of Wired Magazine UK, explored the ways in which technology is disrupting everything from the retail sector to our healthcare system.

An update from the Candy brothers litigation

Travers Smith LLP has advised Agrial on its acquisition (through its UK subsidiary Florette UK + Ireland Limited (“Florette”) of MyFresh Prepared Produce Limited (“MyFresh”), a Wigan-based salad processing company, from the William Jackson Food Group.

Travers Smith LLP has advised longstanding client ZPG plc on its up to £140 million acquisition of financial services price comparison business Money, the operator of the money.co.uk website.

Travers Smith LLP has advised its long-standing client Micro Focus International plc ("Micro Focus"), the global enterprise software company, on its $US 8.8 billion merger with Hewlett Packard Enterprise's ("HPE") software business segment ("HPE Software") and the return of value to Micro Focus shareholders of approximately $500 million.