Related insights: Commercial

WBD advises on Northern Accelerator investment fund

06 Aug 2020
WBD has advised on the creation of Northern Accelerator's Seed Investment Fund. Northern Accelerator is an innovative collaboration between four universities in the North East of England and the seed investment fund, managed by Northstar Ventures, will back spin-out businesses in the region.

UK Supreme Court clarifies the rule of "reflective loss"

28 Jul 2020
The UK's Supreme Court ("UKSC") has handed down its judgment following the hearing of the appeal in the case of Sevilleja v Marex Financial Limited [2020] UKSC 31 ("Marex"). The appeal was against the decision of the Court of Appeal to find that the rule of reflective loss applied to 90% of Marex's claim, which was brought in its capacity as a creditor.

Standard Contract Clauses are valid – up to a point

16 Jul 2020
The European Court of Justice (ECJ) has struck down the EU-US Privacy Shield, removing a key method for lawful transfers of personal data from the EU (and UK) to the US. As with its predecessor, Safe Harbor, the court considered that Privacy Shield could not provide adequate protection against the US Federal government’s bulk digital surveillance. 

Contracting with suppliers in the pandemic – addressing uncertainty

23 Apr 2020
Negotiating a contract can be a challenge, and more so in these uncertain times. If you are a customer in the midst of negotiating an agreement for goods or services and are concerned about protecting your business and securing the supply chain, this article should be of interest to you. In this article, we consider some of the key terms you may want to think about when discussing a contract for supply of goods and/or services in the current climate, and included suggestions which may help you achieve robust and flexible supply terms.

The importance of the smaller details – how to run prize draws and competitions in the right way

06 Feb 2020
When you launch a prize draw or competition (whether this is on your website, via social media or by any other means), how much thought goes into the terms that apply or the laws governing these promotions? Do you check the finer details or are you focused more on the opportunity to increase sales or gain a greater marketing list by your latest in-store promotion? The rules surrounding competitions can often be forgotten about, but a recent ruling by the UK's advertising watchdog reminds us how important they are

Brexit: the impact on merger filings

05 Feb 2020
The UK has formally ceased to be a member of the EU. We now have a transition period, until 31 December 2020, during which the UK will adhere to existing EU Rules including the EU Competition Rules. Businesses need to be aware that the "EU One Stop Shop" for transactions which fall under the EU Merger Regulation, will cease to apply to the UK at the end of the transition period, meaning that qualifying transactions may be scrutinised both by the EU Commission and by the Mergers Branch of the UK Competition and Markets Authority (CMA). 

Is help for the high street on its way?

19 Nov 2019
Ahead of publishing their formal manifesto the Conservatives have pledged to increase the business rates discount afforded to small retailers to 50%, up from the current 33% reduction. They estimate that this will lead to an average saving of £1,400 per business. The British Retail Consortium have been critical of these plans stating that they do not go far enough in aiding the high street to ward off the competition faced by online retailers.