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Travers Smith advises Phoenix Equity Partners, the founders and other sellers on the sale of Logiq to IBM

Travers Smith LLP has advised long-standing client Phoenix Equity Partners, the business founders and other shareholders on the sale of Logiq Consulting, an NCSC-assured UK cyber security consultancy with deep expertise in highly regulated environments including the UK Defence Industry, UK Critical National Infrastructure and the wider Public Sector, to IBM. 

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What the UK's tough new rules on late payment mean for your business

The UK Government is making major changes to the law on late payment – including fines for businesses which fail to pay suppliers on time, a prohibition on payment periods over 60 days and a new adjudication system for certain payment disputes. These measures are likely to lead to a significantly tougher regulatory environment, particularly for larger businesses which regularly use SME suppliers.

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Travers Smith advises Peel Group on its cash offer for Harworth Group plc

Travers Smith is advising Peel Pepper (UK) Limited ("BidCo"), a company indirectly wholly-owned by Peel Holdings Group Limited, on its voluntary cash offer to acquire the entire issued and to be issued ordinary share capital of Harworth Group plc ("Harworth") not already owned by BidCo or other wholly-owned subsidiaries of Peel Holdings Group Limited.

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Split trials in securities litigation – split decisions or a broadly orthodox approach?

Split trials have become a hot topic in securities claims brought under the provisions of the Financial Services and Markets Act 2000. In particular, the question of when the issue of reliance should be heard in section 90A / schedule 10A cases has proved to be rather knotty, with the conclusions of judges appearing to vary from case to case.

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Mamma M-ESOS: Here we go again

Phase 3 of the UK's Energy Saving Opportunities Scheme ("ESOS") might feel uncomfortably fresh in the minds of those responsible for their organisation's compliance with it, but Phase 4 is already in sight. ESOS, which requires large organisations with UK operations to audit their energy usage and consider opportunities for reducing it, operates on a four-year cycle, but delays to Phase 3 reduced that to around two years.

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What's Happening in DC - Pension Schemes Act 2026 Special

Just before Parliament broke for summer recess on 16 July 2026, the Department of Work and Pensions published several papers and consultations, all focused on driving forward the changes affecting defined contribution (DC) pension schemes being introduced by the Pension Schemes Act 2026 (the PSA2026). This briefing summarises the main points for DC trustees and providers.  

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