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New EU Proposed Regulation seeks to ban products made using forced labour

The EU recently revealed its proposal for a new Regulation to combat the use of forced labour in the production of goods. A key aim of this new Regulation is that it will be used alongside other initiatives within both the EU and externally, in order to further eliminate modern day slavery from supply chains.

Travers Smith wins "Innovation in Responsible Business" at the Financial Times Innovative Lawyers Europe Awards 2022

Travers Smith LLP is delighted to announce that its Pro Bono team won "Innovation in Responsible Business" at the Financial Times Innovative Lawyers Europe Awards 2022. Additionally, Travers Smith was ranked as the 16th "Most Innovative Law Firm in Europe", whilst Sam Cottman was commended for his Pro Bono work and Shawn Curran was listed as one of 10 legal 'Intrapreneurs'.

ESG risk and the tech and automotive sectors: why Tesla's proposed "solution" to the supply chain pinch may not be for everyone

Surging commodity prices are creating headaches in the tech and automotive sectors, with the cost of key materials such as lithium, cobalt and nickel (key components in electric car batteries) rising following supply chain disruptions associated with Covid and the war in Ukraine. 

The Retained EU Law Bill: another Brexit cliff edge looms?

The Government has published legislation giving it wide-ranging powers to revoke or reform retained EU law. Among other things, it includes a proposal for the majority of retained EU legislation to expire at the end of 2023, unless expressly preserved in some form.

Summary judgment granted in latest Italian swaps case

On 27 September 2022, the English High Court granted summary judgment and declaratory relief in favour of the bank Dexia Crediop SpA ("Dexia") on a number of issues arising in its claim against the Italian province of Pesaro e Urbino ("Pesaro"). In bringing its claim, Dexia has sought declarations regarding the validity and enforceability of interest rate swaps executed between the parties in 2003 and 2005.

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