Travers Smith has advised OakNorth on a £50m RCF to sustainable office and commercial property specialist CLS Holdings plc.

When the Government published draft legislation to revolutionise the way in which flats are owned and managed in England and Wales, it also published a consultation about how best to introduce commonhold. The consultation closes on this Friday, 24 April 2026.

A regular briefing for the alternative asset management industry. 

Travers Smith LLP is delighted to have been awarded the 'Knowledge Management Award', and to have been Highly Commended for the Halsbury Rule of Law category, at the LexisNexis Legal Awards 2026 . 

The Employment Rights Bill has received Royal Assent, becoming the Employment Rights Act 2025. The Act paves the way for significant reforms to UK employment law, with the key changes to be phased in starting from April 2026.

In its first infringement decision under the UK's new consumer enforcement regime, the Competition and Markets Authority has fined the AA £4.2 million and required it to repay over £700K to consumers.  This is just the latest in a series of developments indicating that B2C businesses in the UK face a much tougher regulatory environment than in the past.  We explain why it's essential to take this threat seriously and what consumer-facing businesses can do to reduce their risk.

The English Devolution and Community Empowerment Bill contains provisions which, as explored in an earlier briefing, will prevent landlords from implementing upwards-only rent reviews in commercial leases.  The final reading of the draft Bill in the House of Lords takes place today, and will be followed by a final consideration of the proposed amendments. The latest iteration of the Bill contains some changes from the first draft, none of which take into account landlords' concerns.

Travers Smith LLP has advised longstanding client Nest, the largest UK workplace pension scheme by number of members, on its appointment of Crescent Capital Group LP (Crescent) to manage an open-ended mandate investing in secured, first-priority loans to private companies.

Travers Smith LLP has advised Bain Capital Credit on the successful final closing of Bain Capital Credit CLO Management III, LP ("CMV III"), with approximately $1.5 billion in total commitments. CMV III primarily targets majority equity investments in the firm's U.S. and European collateralized loan obligations (“CLOs”) and warehouses, providing vintage and geographic diversification.

On 1 May 2026, the tenancy reforms contained in the Renters' Rights Act 2025 will come into force.  As explored in an earlier briefing, the first stage of implementing the new regime will bring about seismic changes to the PRS, so landlords and managing agents need to take steps now to ready themselves for operating in compliance with it.

Travers Smith has acted as English law counsel to the lenders on an approximately €1 billion financing for Eutelsat, a world leader in satellite communications. The financing is being provided in connection with an order of 340 Low Earth Orbit (LEO) satellites by OneWeb, specialising in high-speed internet services.

Welcome to our 'A new era for HR' podcast series.

Over the past two decades, the value of sports franchises and related assets has skyrocketed, with rapid revenue growth across various commercial streams including the more traditional broadcasting and sponsorship (both now of course more global than ever), to new commercial tie ups and off field year round monetisation of stadia. While the skyrocketing valuations have prompted some commentators to argue that we could be witnessing the formation of a "sports bubble", this does not seem correct to us.

Our round-up of recent and forthcoming developments in UK law and practice for our international stakeholders.