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Travers Smith LLP has advised BUUK Infrastructure (“BUUK”) on its acquisition of Levelise Limited ("Levelise"), a home energy management system that links high numbers of domestic battery systems to a suite of advanced algorithmic controls. The transaction also involved the transfer of assets from Social Energy Limited to Levelise prior to completion.
Travers Smith LLP has advised DIF Capital Partners (“DIF”) on its investment in Pinnacle Power Limited, a leading UK district heating platform. We advised DIF on the terms of the acquisition through which DIF will control a significant majority in the company, with the management team retaining a minority stake.
Although pricing will often loom large in negotiations, provisions setting out the mechanics of the payment process and related terms don't always get the attention they deserve – which can lead to problems once the contract is being performed. In this briefing, we look at some key issues that suppliers and customers need to watch out for.
This briefing was first published on 3 March 2021 and updated on 14 March 2023.
The recent announcement of the UK Government's Payment and Cash Flow Review has once again put the spotlight on late payment clauses and other payment practices. Larger businesses in particular may be criticised for failure to comply with legal requirements or "best practices" in relation to their purchasing activity.
The UK and the EU have reached agreement on changes to the post-Brexit arrangements for Northern Ireland, known as the Windsor Framework. For businesses which don't have activities in Northern Ireland, the reaction might be: so what?
The UK Government and the EU have reached agreement on changes to the post-Brexit arrangements for Northern Ireland. We look at what's been agreed, what the timing is likely to be and whether it's a good deal for business.
The EU and the UK are each determined to regulate online content and protect users from online harms. The EU got there first. Its Digital Services Act, which will impact all online intermediaries operating in the EU at varying levels, is already in force.
With inflation at its highest for many years, many businesses are looking again at price indexation clauses. This briefing explores when they can be useful, which index to use, and whether the best known index - RPI - has a future. It's the second in our series of briefings on pricing and payment issues in commercial contracts.
Welcome to the third episode of our Mitigating a Data Breach: Insider Threats podcast series. In this series of 3 podcasts, members of the Travers Smith Cybersecurity team, Technology & Commercial Transactions Partner, James Longster, Employment Partner, Adam Wyman and Dispute Resolution Senior Counsel, Rachel Wilson, take a look at what happens in the aftermath of a data breach.
Welcome to the second episode of our Mitigating a Data Breach: Insider Threats podcast series. In this series of 3 podcasts, members of the Travers Smith Cybersecurity team, Technology & Commercial Transactions Partner James Longster, Employment Partner Adam Wyman and Dispute Resolution Senior Counsel Rachel Wilson, take a look at what happens in the aftermath of a data breach.
Key case on arbitration law and the separability principle.
Welcome to the first episode of our Mitigating a Data Breach: Insider Threats podcast series. In this series of 3 podcasts, members of the Travers Smith Cybersecurity team, Technology & Commercial Transactions Partner James Longster, Employment Partner Adam Wyman and Dispute Resolution Senior Counsel Rachel Wilson, take a look at what happens in the aftermath of a data breach.
Welcome to our Mitigating a Data Breach: Insider Threats podcast series. In this series of 3 podcasts, members of the Travers Smith Cybersecurity team, Technology & Commercial Transactions Partner, James Longster, Employment Partner Adam Wyman and Dispute Resolution Senior Counsel Rachel Wilson, take a look at what happens in the aftermath of a data breach.
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.
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.
The Competition Markets Authority (CMA) is investigating whether online mattress and bed seller Emma Sleep has breached consumer law by making misleading claims about urgency, including the use of countdown timers for discounted deals. This investigation may be the start of a wider crackdown by the CMA on potentially harmful online selling practices.
In MUR Shipping BV v RTI Ltd, the Court of Appeal ruled that a force majeure clause did not apply because the party unable to comply with its obligations had offered suitable alternative performance (as envisaged by the clause, which included a reasonable endeavours obligation). In doing so, it reversed the decision at first instance, where the court ruled that the shipowners were entitled to insist on being paid in US dollars, not euros, as required by the contract. The case highlights the difficulties in relying on force majeure clauses, even where (as here) the contract is affected by US sanctions.
Travers Smith LLP has advised longstanding client The Access Group on its acquisition of the Construction Industry Solutions group (COINS).
Travers Smith has written the UK chapters of the Practical Law and Chambers global outsourcing guides. The chapters cover the latest legal information and many of the key issues to consider on UK outsourcing.