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 has advised longstanding client Livingbridge on its acquisition of the CitNOW Group ("CitNOW"), a global provider of front-office software to the automotive retail industry, from Tenzing Private Equity and other management shareholders. Tenzing will reinvest materially alongside Livingbridge.
Travers Smith LLP has advised Quilvest Capital Partners (Quilvest) and management shareholders on the sale of Phaidon International (Phaidon) to a global investor consortium led by private equity firm Further Global.
20 July is 'L-day' – the day on which the government publishes the first draft of legislation to be included in the finance bill 2022-23.
In 28 October 2021 Facebook rebranded as Meta, with the aspiration "to be seen as a metaverse company". Since then, there's been a significant buzz about the metaverse – the "next chapter of the internet", according to Mark Zuckerberg.
Travers Smith LLP has advised an investment vehicle backed by client Epiris on its acquisition of Sepura.
The challenge for a business when drafting a restrictive covenant is that if it seeks to constrain the other party's freedom to operate too much or for too long in the interests of protecting its own business, the courts may refuse to enforce the restriction. Two recent Court of Appeal rulings highlight some of the hazards in relation to post-termination non-compete obligations in B2B agreements.
Welcome to our series of podcasts focusing on international employment law.
This decision considers the somewhat ambiguous test in English law regarding unilateral mistake.
Key employment and business immigration developments for employers.
A regular briefing for the alternative asset management industry.
Travers Smith LLP has advised longstanding client Equistone Partners Europe Limited ("Equistone") on its investment into Talon Outdoor.
The Insolvency Service has recently published its interim report (the "Report") which considers the three permanent measures that were introduced pursuant to the Corporate Insolvency and Governance Act 2020 ("CIGA"). For further details on the temporary and permanent measures introduced pursuant to CIGA, see our previous update.
The EU continues to beat a path to a more sustainable future. Nothing too new there, perhaps, but it is increasingly determined to bring the rest of the world along with it. It first proposed a directive on corporate sustainability reporting ("CSRD") in February 2021, which when proposed caused a stir for the significant expansion of non-financial information obligations on non-listed corporates.
Travers Smith LLP has advised S4 Capital plc on the combination between Media.Monks and Social Media Marketing agency, XX Artists, expanding its capabilities and client base in the core US market.
Travers Smith LLP is thrilled to announce that Legal Operations Director, Stacey Rickford, has won Best Business Leader at the 2022 Totum Best Business Leader Awards.
The Government's 2017 white paper "Fixing our broken housing market" contained a number of proposals for improving the private rental sector ("PRS") for renters. In the 6 weeks since the Queen's Speech in May this year, there have been indications that some of these ideas will be taken forwards, including: changes in the way that "contractual controls" are registered at HM Land Registry, the introduction of minimum standards for housing in the PRS, and the abolition of both the section 21 method of obtaining vacant possession and the assured shorthold tenancy.
The salaried members rules were introduced in 2014 to counter situations where UK limited liability partnerships (LLPs) were avoiding employment taxes by making junior workers members (rather than employees) without bearing the risks, rewards and responsibilities typically associated with partnership. Under the rules, members of an LLP are treated as employees for tax purposes, unless one of three exclusions apply.
Travers Smith LLP has acted for Rothesay Life PLC in connection with the £640million buy-in of the Smiths Group’s TI Group Pension Scheme, insuring the benefits of more than 8,750 members.
The High Court recently considered whether the delay to the Premier League season caused by the first COVID-19 lockdown triggered a material adverse change clause (commonly known as a MAC clause) in contracts for broadcasting rights. In this briefing we look at how this compares with previous cases on MAC clauses and what the lessons are when drafting such provisions.