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Richard Shaw

Partner and Co-Team Leader - Technology & Commercial Transactions   London

T:   +44 (0) 20 3400 4154

Richard Shaw

Partner and Co-Team Leader - Technology & Commercial Transactions   London

T:   +44 (0) 20 3400 4154

Richard advises on a broad range of strategic commercial and outsourcing contracts. He has extensive experience in the retail and financial services sectors, with particular expertise in advising on product distribution, white labelling and payment /transaction processing arrangements.

Richard is recognised as a leading individual by Legal 500. He is also a member of the City of London Law Society Commercial Law Committee.

Practices

Representative Experience

Richard has experience advising: 

  • Travelex on:
    • the sale of its prepaid card program management operations to MasterCard.  Richard advised on the long term agreement whereby MasterCard will provide program management services for prepaid cards sold through Travelex’s retail channels and the agreements under which Travelex will continue to issue prepaid cards under programs managed by MasterCard;
    • the sale of its global business payments division to Western Union.  Richard advised on the separation of the division from Travelex’s retained business and on complex transitional arrangements between Travelex and Western Union.  He also advised on long term outsourcing arrangements between the two businesses for the provision of wires and drafts processing services; 
    • the extension of its brand relationship with MasterCard and its agreement with MasterCard for the provision of card and transaction processing services by MasterCard; and
    • strategic agreements with Barclays, HBOS and Thomas Cook for foreign currency services.
  • Tesco on the installation of an electric vehicle charging network, under which nearly 2,500 chargers will be installed at Tesco stores across the UK and on its sponsorship arrangements in respect of the chargers with Volkswagen, which will allow for various strategic and joint initiatives between Tesco and Volkswagen during the lifetime of the sponsorship;
  • Balfour Beatty on the extension of its facilities management joint venture arrangement with Royal Mail and its related acquisition of Romec Services Limited.  Richard advised on the facilities management agreement under which the joint venture provides facilities management services in respect of the Royal Mail’s estate and other services arrangements between Balfour Beatty and the joint venture;
  • Just Water on the launch of its new bottled water brand Just Water into the UK market, the first step in a major global expansion and its manufacturing agreement with Borrisoleigh Bottling in connection with its distribution agreement with Red Star Brands under which the products are distributed to retailers in the UK and across Europe; and
  • Mueller Water Products, Inc. (NYSE:MWA), a leading manufacturer and marketer of products and services used in the transmission, distribution and measurement of water in North America, on its acquisition of i2O Water Ltd.