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Lewis Silkin French Desk advises Sopra Steria (Euronext Paris) on sale of its UK recruitment subsidiary
Deal
31 July 2019The Lewis Silkin team has advised its long term client Sopra Steria (Euronext Paris: SOP), a European leader in digital transformation, on the sale of its UK recruitment subsidiary, Sopra Steria Recruitment Limited to the Resource Solutions Group. The transaction completed in June 2019.
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Lewis Silkin advises Descours & Cabaud in the acquisition for its subsidiary Hayley 247 of Lamond & Murray
Deal
25 July 2019Lewis Silkin has advised its existing client Descours & Cabaud in the acquisition for its subsidiary, Hayley 247, of Fife based company Lamond & Murray, which completed on 4 June 2019.
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Parent company’s limited liability. Not quite so limited?
11 July 2019It is a basic principle of company law that the liability of a shareholder of a limited company is limited to the amount unpaid on the shares it holds in that company. Right? That’s why it’s called a limited company? This is generally true. However, in some cases, a parent company can be considered to have assumed responsibility for the negligent acts of its subsidiary.
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Unreasonable non-compete clause could be rescued by severance
03 July 2019The Supreme Court (“SC”) has given a landmark judgment about the limits of post-termination restrictions (“PTRs”) in employment contracts. It ruled that although a six-month non-compete clause went too far by restricting an employee from holding a minority shareholding in a competing business, the employer could still enforce the key part of the clause.
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Contract interpretation: a helpful recap by the Court of Appeal
03 July 2019At the end of March 2019, the Court of Appeal handed down a decision which provided a helpful reminder of the modern approach to interpreting contracts.
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Thirteen lawyers listed in Best Lawyers in the United Kingdom
Press Release
28 June 2019Lewis Silkin is pleased to announce that thirteen of our lawyers have been listed in the Eighth Edition of The Best Lawyers in the United Kingdom.
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Fail to cooperate at your peril! Court finds that contracting party’s conduct was a repudiatory breach of an implied duty to cooperate
04 June 2019In a recent case, the court implied a duty to cooperate where close collaboration between the parties was required to perform the contract. The Court also found that one party’s failure to cooperate was a repudiatory breach that the counterparty could rely on in treating the contract as terminated.
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Selling your business
Inbrief
12 May 2019Many business-owners look to sell at some point. The reasons for selling may vary but often it is the opportunity for an owner to capitalise on the years of hard work that have gone into building up his or her business.
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Contract law update: Recent developments and practical tips
03 May 2019On 2 May 2019, Mark Lim, Sohrab Daneshku and Nigel Enticknap from our commercial dispute resolution practice group hosted a seminar discussing provisions that commonly feature in commercial contracts. Whilst important, these terms may enjoy limited attention during negotiations. We covered recent case law, offered tips on how to interpret key clauses and discussed how to avoid common pitfalls. Below is a summary of some of the key points.
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Keeping accurate records or disqualification and potential prison time? Surely an easy choice!
24 April 2019Evidently not for some…
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Can restrictive covenants survive a TUPE transfer or are they TUPE’doed?
24 April 2019“To be, or not to be: that is the question.” Many will know these to be Hamlet’s words early in the eponymous play. TUPE or not TUPE (with respect to restrictive covenants) is a thought that most buyers of a business have, but often too late in the day. What do these two have in common? Potentially tragic consequences.
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Penalty appeal kicked into touch - Nosworthy v Instinctif Partners Ltd
24 April 2019A court has recently upheld the actions of an employer (IP) which enforced bad leaver provisions contained in its articles of association (Articles). Those provisions required a resigning employee (N) to transfer her shares for minimal consideration and forfeit her loan notes.
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Lewis Silkin advises Unlimited Group on their acquisition of Direction Group
Deal
05 April 2019Lewis Silkin has advised Unlimited Group on their acquisition of one of the UK’s fastest growing B2B marketing agencies, DirectionGroup
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Fergus Payne features for The Law Society Gazette: New model army
Press
01 April 2019Fergus Payne recently attended the latest Gazette roundtable, where mergers, finance, technology and succession planning were high on the agenda and changing law firm business structures were discussed.
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Share buy backs - what’s the fuss?
Inbrief
13 March 2019When a company is planning a share buy back (or purchase of its own shares) it’s time to be careful. This note explains why you need to be careful, and summarises the company law issues that must be addressed in advance before the company enters into any commitments.
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Entrepreneurs’ relief: the brave new world
13 March 2019This is an update on the changes to the qualifying criteria for entrepreneurs’ relief introduced in the October 2018 Budget, amended in December and now embodied in statute.
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Lewis Silkin advises Urban Innovation Company in their development and implementation of pulse smart hubs in Belfast
Deal
26 February 2019Lewis Silkin advised Urban Innovation Company (UIC) on its recent and exciting project of introducing the first smart hubs to the streets of Belfast. The £3M project, funded entirely by UIC which designs and builds next generation telecommunication hubs, will help people stay connected - and even save lives. Lewis Silkin supported UIC with a variety of commercial, corporate, IP, planning and data privacy related advice.
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Lewis Silkin French Desk advises its longstanding client Publicis Groupe, on the sale of Publicis Health Solutions to Altamont Capital Partners
Deal
12 February 2019Lewis Silkin has advised its longstanding client Publicis Groupe, on the sale of Publicis Health Solutions to Altamont Capital Partners.
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Lewis Silkin French Desk advises its longstanding client Publicis Groupe on the acquisition of the remaining 24.9% stake in Blue 449 from M&C Saatchi Plc
Deal
04 February 2019Lewis Silkin has advised its longstanding client Publicis Groupe on the acquisition of the remaining 24.9% stake in Blue 449 from M&C Saatchi Plc.
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Lewis Silkin advises Next Fifteen Communications Group plc on its acquisition of Planning-Inc Ltd
Deal
11 January 2019Lewis Silkin has advised its client Next Fifteen, the digital communications group, on its acquisition of Planning-Inc Ltd, a predictive analytics and data marketing business.