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 Melior Equity Partners ("Melior") as lead counsel on the final close of Melior Equity Partners Fund II with €160m of total commitments, making it one of the largest private equity funds in Ireland.
Travers Smith LLP has advised Atalaya Capital Management (Atalaya) on the provision of an up to £120 million revolving credit facility to TAB, a specialist real estate finance provider.
The advice was provided by the cross-disciplinary Alternative Asset Management team at Travers Smith and was led by Senior Counsel Victoria Bramall and Partners Sam Kay and Ian Shawyer.
Since our previous briefing there have been a number of developments in the area of tax investigations and disputes. This briefing summarises some key ones and what they mean for taxpayers.
The Russian invasion of Ukraine presents issues for pension scheme trustees to consider. Alongside clear implications regarding investments and the need to comply with sanctions, these may include questions about covenant, funding, cyber security and scam risks.
This briefing addresses the issues most likely to arise, some of which are also noted by the Pensions Regulator in its guidance.
The Court of Appeal's recent decision sheds significant light on banks' liability for failing to exercise reasonable skill and care in executing the instructions of their customers. Reversing the ruling of the High Court, the Court of Appeal made clear that the "Quincecare duty" arises not only when it is the customer's agent who fraudulently instructs the bank to transfer the customer's money, but can also arise when the customer themselves, as the victim of a fraud, instructs the bank to do so. The Court of Appeal overturned the summary judgment in the bank's favour, and remitted the case to the High Court for trial. The question of what measures the bank should have had in place to prevent a fraud of this kind can only be determined at trial.
Travers Smith LLP has advised longstanding client and leading mid-market private equity firm, Inflexion, and other selling shareholders on the £535m sale of Marley Group, the leading UK manufacturer of pitched roof systems to the construction market, to FTSE250 listed Marshalls plc.
Travers Smith LLP has advised Equistone Partners Europe Limited ("Equistone") and other selling shareholders on the sale of FirstPort, a leading UK residential property services company.
Finance Partner, Ben Thompson, has authored a chapter titled, ‘Core-Plus Infrastructure and Leveraged Financing: The Continued Convergence of Terms’, in the latest edition of 'The International Comparative Legal Guide - Lending & Secured Finance 2022'.
A guide to future employment and immigration law.
A regular briefing for the alternative asset management industry.
With real estate finance (REF) and real estate development finance markets increasingly looking to integrate sustainability within their financing offerings, the Loan Market Association has published a guide on the application of the Sustainability Linked Loan Principles (SLLP) to real estate finance (REF) and real estate development finance transactions.
Commercial contracts can often provide that all liability for loss of profits is excluded – and sometimes wasted expenditure may be excluded as well. But what is the impact of this in practice?
Travers Smith LLP is advising UK wealth manager Brewin Dolphin Holdings plc ("Brewin Dolphin") on its recommended £1.6bn takeover by RBC Wealth Management ("RBC"), an indirect subsidiary of Royal Bank of Canada.
The High Court has recently rejected an attempt by British Sugar to challenge aspects of the UK's post-Brexit sugar tariffs on the basis that they amounted to an illegal subsidy to its competitor, Tate & Lyle. In this briefing, we look at the wider implications of the ruling for the UK's post-Brexit state aid and tariff regimes.
With COP 26 still fresh in the memories of lawmakers, and both the European Green Deal and UK Government's 'Net Zero Strategy' setting the goal of being climate-neutral by 2050, it is no surprise that competition law is having to examine its interaction with the environmental, social and governance (ESG) agenda.
A regular briefing for the alternative asset management industry.
Many Main Market companies will now be preparing for their 2022 AGM and FY2021 annual reports. This note summarises some of the key agenda items and our expectations for this year.
Many AIM companies will now be preparing for their 2022 AGM and FY2021 annual reports. This note summarises some of the key agenda items and our expectations for this year.