Arnold & Porter – UK 100

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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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CC and Brobeck end fight with a $5.5m settlement

Clifford Chance is hoping that its short-lived association with Brobeck Phleger & Harrison is finally over after a settlement was reached between the firm and former Brobeck partners. The firm settled the long-running dispute – in which the former Brobeck partners alleged that Clifford Chance was responsible for Brobeck’s collapse – for $5.5m (£2.9m) on […]

SLG suffers in-fighting over training

Solicitors in Local Government (SLG), the professional body representing the 4,000 local government lawyers in England and Wales, has become embroiled in a spat over the future of its training unit. Protracted negotiations over the future of the unit broke down last year when its manager Peter Godper broke away from SLG to launch his […]

Four New Square – UK 100

Turnover: £13.5m Head of chambers: Justin Fenwick QC Total tenants (silks): 53 (12) Door tenants: Two Chambers contributions: 11 per cent plus room rent (£8,000-£48,000). Revenue per barrister: £270,000 Top cases last year: Sumatra v Sinclair Roche & Temperley; Riley v Pickersgill and Le Cornu; Daniels v Thompson; Sahib Foods & or v Paskin Kyriakides […]

Grapevine

German firm seeks friendship, but nothing seriousAt the end of last year German firm Beiten Burkhardt ended a tug of love between Berwin Leighton Paisner (BLP) and Eversheds by choosing an informal network of best friends rather than the formal alliance favoured by both UK firms. Strangely, Beiten claims this was never an option. The […]

3-4 South Square – UK 100

Turnover: £22.5m Head of chambers: Michael Crystal QC and Lord Alexander of Weeden QC Total tenants (silks): 44 (16) Door tenants: 12 Chambers contributions: 11.5 per cent Revenue per barrister: £480,000 Top cases last year: BCCI/Bank of England; BCCI/Bank of America; Enron; Deacons/White & Case; Spectrum Plus. No of appearances in House of Lords: 10 […]

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