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Travers Smith advises RPM International on its agreement to acquire Star Brands

Travers Smith has advised NYSE-listed RPM International Inc., which owns subsidiaries that are world leaders in specialty coatings, sealants, building materials and related services, on the acquisition of the Star Brands Group, the UK-based parent company of The Pink Stuff, for RPM's subsidiary, Rust-Oleum. 

Updates to EU CBAM: Balancing climate and competitiveness

As discussed in our February legal briefing, the EU Commission has recently proposed a sustainability "Omnibus" package, intended to deliver on its simplification agenda by amending certain key legislation - the Corporate Sustainability Reporting Directive ("CSRD"), the Corporate Sustainability Due Diligence Directive ("CS3D") and the Carbon Border Adjustment Mechanism Regulation ("CBAM") with concurrent changes to the detail of the Taxonomy Regulation. The Omnibus proposes to dramatically reduce the number of companies subject to mandatory sustainability reporting under CSRD and ease obligations under the CS3D for active human rights and environmental due diligence.

Commonhold: love thy neighbour

In its Commonhold White Paper, the Government acknowledges that "no form of homeownership is perfect, nor immune from disputes, especially in flatted developments with the close proximity of neighbours and shared responsibility for upkeep and associated costs". However, commonhold is presented as a tenure which, due to its democratic nature, is inherently less likely than leasehold tenure to generate disputes.

Share Plan Annual Returns – file by 6 July 2025 to avoid penalties!

If you operated an employee share plan or arrangement during the 2024/25 tax year, now is the time to start thinking about your annual employee share plan reporting obligations.  Annual returns for the last tax year must be filed online with HM Revenue & Customs (HMRC) by 6 July 2025 and are due in respect of all the employee share plans or arrangements you had in place during that period, even if there has been no activity.

Fake reviews: will trader recommendation platforms be caught in the crossfire between businesses and the CMA?

The Competition and Markets Authority (CMA) expects online trader recommendation platforms (TRPs) to take action against businesses that try to boost their ratings based on fake or misleading reviews. But some businesses may fight back – arguing that the TRP was wrong to impose sanctions and even that they have suffered significant harm as a result.

Preventing fake reviews: What are "reasonable and proportionate" steps?

Among other things, the Digital Markets, Competition and Consumer Act 2024 (DMCC Act) requires publishers of consumer reviews to take "reasonable and proportionate steps" to prevent the publication of fake or misleading consumer reviews. But what does "reasonable and proportionate" mean in practice?

Liberation Day: what US tariff changes mean for international supply contracts

In light of the ongoing uncertainty over increases in US tariffs, we look at the contractual implications for both suppliers and customers involved in international trade. This briefing discusses who pays, including the impact of Incoterms, and whether parties can avoid their contractual obligations based on force majeure clauses, material adverse change (MAC) clauses or frustration.

Misconduct by franchisees: claimants point the finger at franchisors

How concerned should franchisors be about the recent trend of attempted claims against franchisors over misconduct by their franchisees, and which areas of law pose the greatest risk?

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