The impact of the COVID-19 pandemic continues to be felt across the global business community.


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The EU's Digital Services Act reaches its first milestone (as the UK's Online Safety Bill weaves towards the finish)

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.

Linking prices to inflation: a short guide to indexation clauses

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.

Mitigating a Data Breach: Insider Threats - Episode 3 - what regulatory action and civil claims might you face?

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.

Electricity Generator Levy (EGL) update

Further information on the Electricity Generator Levy ("EGL") has recently been published, including a revised technical note (here), explanatory note (here) and draft legislation (below). Although certain areas remain under consideration, the materials provide much needed clarity on the EGL.

GLI - Fund Finance 2023: Derivatives at fund level

Jonathan Gilmour, Peter Hughes and Joseph Wren have co-authored a chapter in the latest edition of Global Legal Insights' annual fund finance publication highlighting the key structural and documentary legal issues that should be considered by a private capital manager thinking about entering into derivatives transactions at fund level. This chapter was first published in GLI - Fund Finance 2023 (Seventh Edition).

Energy Savings Opportunity Scheme Strengthening – An Overview of Key Changes to Phase 3

By now, most large UK organisations will be familiar with the Energy Savings Opportunity Scheme ("ESOS"), which is the UK's implementation of Article 8 of the EU Energy Efficiency Directive, requiring those in scope to measure and audit their energy use. In anticipation of ESOS reporting deadline later this year, we outline the main changes to Phase 3, and how they may impact an organisation's energy reporting.

Cautionary (principle) tale for the construction of settlement agreements: Maranello Rosso Ltd v Lohomij B.V. & others [2022]

In this recent decision on the interpretation of settlement agreements, the Court of Appeal has confirmed that, where the wording of a settlement agreement and its factual matrix indicate that it is objectively intended to cover claims in fraud and dishonesty, that agreement will be given effect, even where these is no express reference to such claims.

Meta CPO hearing: the start of a new era for mass data privacy claims?

On 14 February 2022 Dr Liza Lovdhal Gormsen, the proposed class representative ("PCR"), filed her application to bring collective proceedings against Meta, alleging that Facebook abused its dominant position by making its users' access to the social media platform contingent on their provision of personal data, which Facebook then aggregated and profited from through advertising revenues.

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