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Casa Mining Limited acquired by Ortac Resources Limited

Druces LLP, the City-based business and private wealth law firm, has advised client Casa Mining Limited on the acquisition by AIM-quoted Ortac Resources Limited of the Casas shares it did not already own, in a share exchange transaction which will see the selling Casa shareholders own 29 per cent of Ortac. Casa has for some […]

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Compensation and Indemnity Payments for Commercial Agents and the Impact of Brexit

The Commercial Agents (Council Directive) Regulations 1993 (SI 1993/3053) apply to all commercial agents and give commercial agents certain rights on termination. Under the Regulations where an agency agreement is terminated by the principal the agent will have the right to “compensation” or an “indemnity” in certain circumstances.  The agent may also have a common […]

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Druces closes $20 million bond issue

Druces LLP, the City-based business and private wealth law firm, has closed a further $20 million bond financing for client Technology Enhanced Oil PLC. The mandatory convertible bond has been listed in Singapore and the client will use the proceeds of the issue to acquire further underperforming oil assets in North America whose economics can […]

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Druces LLP gains far-reaching recognition in Legal 500, 2017

We are very pleased to announce that Druces has been recommended in Legal 500, 2017 (a leading international legal directory), for a number of its legal services alongside a number of our Partners who are also recommended. The Directory picks out a number of areas  for particular praise, noting that: real estate is a ‘key sector […]

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Druces advises Summit Therapeutics on USD20.1 million fundraising

Druces LLP, the City-based business and private wealth law firm is delighted to announce that a team led by partner, David Smith, has advised Summit Therapeutics PLC on the English law aspects of its fundraising of USD20.1 million before expenses. Summit’s ordinary shares are quoted on AIM and its American Depositary Shares (ADSs) are traded […]

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Druces Associate contributes to Data Privacy Report

Claire Rigby, Associate, Druces LLP, has contributed to the Report on ‘Data Privacy’. The Report is a publication from ABL’s Young Lawyer’s Group and draws attention upon the distinctive trait of the Privacy legislation in each country mentioned in this Report. Click here to read the full report or go directly to ‘Data Privacy in […]

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Druces advises appScatter Group plc on its AIM IPO

Druces LLP, the City-based business and private wealth law firm is pleased to announce that a team led by corporate partners, Christopher Axford and David Smith, has advised appScatter, the app distribution and management platform, on its successful admission to AIM. The company raised £9 million through an oversubscribed placing of 13.8 million shares at […]

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Druces Trainee Solicitor Recruitment now open

We are delighted to confirm that the recruitment process for training contracts commencing in September 2019 is now open.  2017 marks a very special milestone for the firm as it celebrates 250 years since it was founded in the City of London and we are looking for bright and creative trainees to join us and […]

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Data Protection Regulation 2016 – You’re too late…maybe!

Everyone who deals with personal data has to be compliant with the General Data Protection Regulation (GDPR) by 25 May 2018. There is a lot to do and it’s difficult to know where to start. In order to help you to get ready, Druces LLP has put together a GDPR compliance project plan and timeline to […]

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