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.
Travers Smith LLP is delighted to announce that Private Equity and Financial Sponsors Partner Genna Marten, and Dispute Resolution Partner, Toby Robinson, have been included in The Lawyer magazine's 2023, Hot 100. The Hot 100 is an annual publication which celebrates extraordinary lawyers based in the UK who have completed ground-breaking work in the last year.
Travers Smith LLP has advised the Trustee of the British Steel Pension Scheme on a further £2bn buy-in. The scheme has now insured around 60% of its liabilities.
Travers Smith LLP has advised long-standing client Equistone Partners Europe ("Equistone") and management on the sale of Bulgin Limited ("Bulgin"), a leading manufacturer of harsh environment connectivity solutions, to Infinite Electronics Inc, which has a global portfolio of leading in-stock connectivity solutions brands.
In the first of 3 briefings looking into the range of tenures available for use in developing new retirement accommodation schemes, this piece discusses the report published this month by the All-Party Parliamentary Group on Housing and Care for Older People called: ‘Making retirement living affordable: the role of shared ownership housing'. The report results from an enquiry set up by the group in December 2021, supported by a panel of 6 independent members from both the profit and not-for-profit housing sectors, to investigate whether the shared ownership model could help make high-quality retirement housing in England accessible to a much larger market than the other main options of purchasing properties outright or renting from a social housing provider.
Travers Smith LLP has advised long-standing client Phoenix Equity Partners ('Phoenix') on the sale of Nexus Vehicle Rental ('Nexus'), a leading B2B vehicle rental aggregator platform, to Equistone Partners Europe ('Equistone').
Improving cybersecurity for essential services and infrastructure is high on the agenda for the UK's and the EU's legislators, in response to the ever-evolving threat landscape. The UK's and the EU's respective network and information systems or NIS regimes, while both to be strengthened (including by bringing managed service providers into scope), look to be diverging.
Key employment and business immigration developments for employers.
A regular briefing for the alternative asset management industry.
The Court of Justice of the European Union ("CJEU") has ruled that Amazon could be held liable for trade mark infringement in relation to advertisements for 'fake' Christian Louboutin shoes placed on its website by a third party.
Landlords, operators and managers of buildings in England that contain 2 or more residential units which share communal spaces will be impacted by the Fire Safety (England) Regulations 2022 (the "Regulations") that come into effect on 23 January 2023. They are laid under the Regulatory Reform (Fire Safety) Order 2005 ("Fire Safety Order"), and implement the majority of the recommendations set out in the Grenfell Tower Inquiry Phase 1 report.
Travers Smith LLP has advised CGE Partners ("CGE") and Enhesa in relation to a strategic growth investment in Enhesa by Bregal Sagemount ("Sagemount").
In our Dispute Resolution 2022 Yearbook, we discussed the recent trend whereby minority shareholders rely on claims for breaches of a duty of good faith as the basis for an unfair prejudice petition. In this case, in the context of such a petition, the Court of Appeal construed an express duty of good faith in a shareholders' agreement, and provided some guidance as to the approach to interpreting such clauses.
Travers Smith LLP has advised Bain Capital Credit on the successful final closing of Bain Capital Credit CLO Management II Ltd (the "Fund"). The Fund raised a total of $650 million to make strategic investments in Bain's US and European-managed CLOs.
Travers Smith LLP has advised longstanding client Inflexion on its investment in Proteros Biostructures GmbH, a leading founder-led contract research organisation focused on early-stage drug discovery ("Proteros").
To improve is to change; to be perfect is to change often.
As legislators and regulators increase their focus on human rights and good governance, the UN Principles for Responsible Investment ("UNPRI"), an international organisation that works to promote the incorporation of environmental, social and governance (ESG) factors into investment decision-making, announced at the end of last year the creation of a new collaborative stewardship initiative, Advance.
Our ESG timeline archive sets out past UK and EU legal and regulatory developments relating to ESG and wider sustainable business topics from January 2022 onwards. As with the main timeline, the timeline archive can be filtered according to your business type or the relevant ESG theme.
Trust has been a key theme that has emerged in crypto in 2022. Going back to the original Bitcoin "White Paper"1, the very stated purpose of crypto and blockchain technology was to transcend a "trust based model" of the traditional financial system to enable payments – and later, with the development of smart contract platforms such as Ethereum, more complex transactions – to be entered into and executed without reliance on trust in counterparties and intermediaries, those being replaced by code and distributed consensus.