This week’s top 15 legal briefings – 24 May 2014

Just when bankers thought it might be safe to put a tentative toe back into the dinner party circuit, one of the UK’s new financial regulators has to go and publish a consultation paper on pay to remind fellow guests of just how loaded they are. Law firm Nabarro looks at recent Prudential Regulation Authority proposals to extend its remuneration code. Under the beefed-up rules, all PRA-supervised firms would be required to include in employment contracts clawback provisions for the bonus element of pay packages. If adopted, the rule could bite from the beginning of 2015. Meanwhile, bankers still seem to have some friends in Whitehall. Nabarro points out that the British government is fighting a rearguard battle with the EU over a Brussels-proposed bonus cap. Ministers claim the cap was introduced without any assessment of its impact and will undermine other recent moves regarding financial sector pay. Back at that dinner party, bankers are passing the port and hoping for the best. Click here for more information.

The French value their privacy. Former president Francois Mitterrand had a long-standing affair – and almost a second life – with art historian Anne Pingeot that was well known in journalistic circles but not revealed for years. So it is no surprise that the country’s Data Protection Authority (known as the CNIL) is beefing up inspection targets. This year it aims to conduct 550 inspections, a 33 per cent rise on its figure for 2013. Our correspondents at law firm DLA Piper say CNIL’s priorities for 2014 include assessing personal data gathering techniques of internet social networks, online payment processing, including anti-fraud measures and banking data retention, management of personal data breaches by electronic communications service providers and the national database of household credit repayment defaults. Click here for more information.

Pit a trendy, young upstart British company against a massive German discount supermarket and you’ve got the makings of a potentially cracking high court intellectual property tussle. The Saucy Fish Co – which was launched four years ago, is on this year’s list of Britain’s ‘CoolBrands’ and has annual revenue of £35m – is taking on the €53bn chain over an alleged lookalike breach of its branding. Our commentator from Wragge Lawrence Graham & Co says details of the claim are shrouded in mystery, but the very fact that a brand owner is suing a large retailer is relatively novel. The firm points out that an interesting feature of the case is that Aldi did not stock The Saucy Fish Co’s products when the claim was brought. Therefore, the saucy ones ‘may have considered there to be a lower risk from a commercial relationship point of view’. Click here for more information.

Jonathan Ames
Jonathan Ames

Top five briefings by law firm 
Dentons: Conscious uncouplings — the importance of documenting that client representation has concludedDownload
Addleshaw Goddard: Term allowing repayment of rent for a period post a break date not to be implied into a leaseDownload
Kings Chambers: No liability on parent company for asbestos exposure to employee of subsidiaryDownload
Goodman Derrick: New Health and Work ServiceDownload
Karanovic & Nikolic: Serbia: privatisation law reformed — how can creditors protect their claims on companies in restructuring?Download
More law firms

Top five briefings by practice area 
Banking & finance: Bankers’ bonuses back in the spotlightDownload
Employment: Compulsory retirement ages: employers can draw a line in the sandDownload
Intellectual property: The Saucy Fish Co locks horns with Aldi in lookalike disputeDownload
Litigation/dispute resolution: Does the in-house exemption apply to a non-profit organisation?Download
Real estate: It’s tough to catch a break: 2014 is (so far) the year of the landlordDownload
More practice areas

Top five briefings by region 
Asia-Pacific: Employment update: bullying not so fashionableDownload
Offshore: Fairfield Sentry claims refused by the Privy CouncilDownload
Middle East & Africa: Climate Change Newsletter: issue 4 — South Africa: government delays carbon taxDownload
Europe: France’s Data Protection Authority unveils its inspection targets for 2014Download
US & The Americas: Regulators in California and New York show an increased interest in cyber securityDownloadMore regions