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The Board of the Privy Council has provided clarity in relation to the scope of duty principle in the recent case of Charles B Lawrence & Associates v Intercommercial Bank Limited (Trinidad and Tobago) [2021] UKPC 30.
Towards the end of last year, in Smith v Fonterra [2021] NZCA 552 ("Fonterra"), New Zealand's Court of Appeal provided a counterweight ruling to the Dutch Milieudefensie claim (on which, see our briefing).
A regular briefing for the alternative asset management industry.
In amongst the blizzard of press releases and policy documents emanating from the Department of Levelling Up, Housing and Communities since the New Year is a consultation called "Reforming the leasehold and commonhold systems in England and Wales". It is important for the commercial real estate sector because it contains new proposals which could tip the balance in mixed use buildings between residential leaseholders on one hand and freeholders and commercial leaseholders on the other hand.
Travers Smith is delighted to announce the launch of the Domestic Abuse Response Alliance (DARA). DARA is an alliance of seven leading law firms who will provide pro bono legal advice and representation to survivors of domestic abuse in need of protective injunctions. The founding member firms are: Travers Smith; Debevoise & Plimpton; Gibson Dunn & Crutcher; Hogan Lovells; Latham & Watkins; Reed Smith; and Slaughter and May.
HMRC has published new guidance (Revenue and Customs Brief 2/22) relating to its policy on the VAT treatment of early termination fees and compensation payments paid pursuant to contractual provisions.
Our annual briefing highlighting the key 2021 legal developments which impact the funds' industry and previews what can be expected in 2022.
Travers Smith LLP has advised leading insurance brokerage firm, Brown & Brown, Inc. ("Brown & Brown"), on its entry into the agreement to acquire independent wholesale Lloyd's broker, BDB Holdings and BDB (UK) ("BDB"). The acquisition is expected to complete in the second quarter of 2022 and is subject to certain conditions.
Travers Smith LLP has advised RBS International, Jersey Branch (RBSI) on a €210 million sustainability-linked revolving credit facility provided to Europa Capital, on behalf of its latest value add fund, Europa Fund VI. This is the largest sustainability-linked loan RBS International has provided in the real estate sector.
Travers Smith LLP has launched an improved version of its employment and business immigration law app, to provide businesses with a handy source of up-to-date information on the ever–changing world of UK employment and business immigration law.
The UK Government has announced plans for a "Brexit Freedoms" Bill which would make it easier to change retained EU law. It is also considering a series of other measures with implications for retained EU law.
France's data protection regulator (the CNIL) has imposed hefty fines on Google (€150m) and Facebook (€60m) for making it more difficult for users in France to reject cookies than to accept them. The companies also face penalties of €100,000 per day of delay if they fail to simplify the reject mechanism within 3 months.
Travers Smith LLP is delighted to announce the hire of new Head of Planning Jamie McKie and Head of Construction Edward Colclough.
The Court has today found that Hewlett-Packard Claimants (HPE) have "substantially succeeded" in their fraud claims against Mike Lynch and Sushovan Hussain.
Welcome to the sixth edition of our quarterly disputes newsletter, which covers key developments in the dispute resolution world over the last three months or so.
A regular briefing for the alternative asset management industry.