Alito confirmed as US Supreme Court justice

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Latest Briefings

Longer term tenancies? Potential implications for lenders

Walker Morris’ Housing and Banking Litigation experts Karl Anders, Justin Coley and Sandip Singh explain the UK government’s consultation on introducing longer-term tenancies in the private rented sector, with a particular focus on potential impacts for lenders…

Assessing creditworthiness in consumer credit: FCA publishes final rules and guidance

The results of a large-scale survey by the Financial Conduct Authority (FCA) in 2017 indicated, among other things, that: 75% of UK adults had one or more consumer credit products or loans in the previous 12 months; 4.1 million people were “in difficulty” because they had already failed to pay domestic bills or meet credit […]

Open Banking, fintech and the Brexit hokey cokey

By Miles Trower London is, arguably, the most important global hub for financial services. As a result, the consequences of the Brexit vote, the ensuing uncertainty and the eventual transitional and regulatory framework applying to UK financial services and how it will continue to access overseas markets has been subject to huge speculation. Much of […]

FCA consultation on a Global Financial Innovation Network

By Russell Kelsall On 7 August 2018, the Financial Conduct Authority (FCA) published a consultation on the creation of a Global Financial Innovation consultation. With innovation in the global financial services market rapidly increasing, it is important for firms to consider the options for building, implementing and sharing experiences of digital solutions.

Austria: The DPA’s strict view on retention periods

At the end of July, the Austrian Data Protection Authority (‘DPA’) published its first decision on retention periods applying the General Data Protection Regulation (‘GDPR’; DSB-D216.471/0001-DSB/2018). The decision is final. The DPA had to decide for which period a provider of telecommunications services (hereinafter: the ‘controller’) may (respectively must) retain so-called master data, required for […]

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Clydes bags second partner in one month

Clyde & Co has made its second partner hire of the year, appointing former Hill Taylor Dickinson partner Graeme Baird. Baird joined the firm last week (23 January) after 18 years with Hill Taylor. His appointment follows the hire earlier this month of Freshfields Bruckhaus Deringer senior associate Siva Subramaniam as a partner in Clydes’ aviation […]

Lovells star moves to DLA Piper China

DLA Piper Rudnick Gray Cary has poached Lovells lawyer Rocky Lee to head its venture capital and private equity practice in Beijing. The California-qualified lawyer has worked on a number of high-profile China venture capital matters and specialises in corporate finance, foreign direct investment and M&A. Lee has also worked on a number of cross-border […]

Women’s club creates legal kitty to aid access to justice

A new online women’s group is establishing a ‘housekeeping kitty’ to provide access to justice for women who cannot afford lawyers. The recently launched Womens Club International plans to offer interest-free loans and discretionary grants as a core service for members if they need to go to the law but cannot afford it. The new […]

Fish & Richardson $30m malpractice award upheld

Silicon Valley-based IP firm Fish & Richardson has had a $30m (£17m) award against the firm reinstated after failing in its attempt to have a legal malpractice case against it reheard.The original case, heard in 2003, concerned a complaint by chemica… Boston-based IP firm Fish & Richardson has had a $30m (£17m) award against the […]

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Freshfields scoops HMV over Simmons on Permira bid

Freshfields Bruckhaus Deringer has scooped the lead instruction over Simmons & Simmons to advise HMV on a potential bid for the struggling entertainment retailer by Permira. HMV selected the magic circle firm for the role after private equity house Permira made a preliminary bid approach. Freshfields has acted for HMV in the past, but it […]

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