As senior partner vote closes at noon, Herbert Smith Freehills awaits a new leader

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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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Conyers advises Mitsui & Co on $21m share in Tsit Wing International Holdings

Conyers Dill & Pearman has provided Bermuda and British Virgin Islands (BVI) legal advice to Mitsui & Co in connection with its investment in the Hong Kong-based coffee and tea provider Tsit Wing International Holdings by way of a minority shareholding in Tsit Wing.  Tsit Wing is a supplier of coffee, tea, sugar, dairy products, […]

Mammoth cases cause fireworks in court as year draws to a close

It’s been a big week for litigation, with a number of crucial rulings on cases identified as part of The Lawyer’s top 20 cases earlier this year.  Just yesterday, the High Court threw out most of the claims brought by Swiss bank UBS against a German water company. The $340m case, concerning complex derivatives bought […]

Eversheds announces hire of Fiona Mahon and Fiona Thornton

Eversheds, Ireland’s only full-service international law firm, has made two senior appointments to the team. Fiona Mahon has been appointed to the position of head of company secretarial and will work with the existing Eversheds team to grow the practice, while Fiona Thornton is joining the firm as consultant to the pensions and employee benefits […]

DLA Piper lawyers teach students from across Africa for fourth year running

DLA Piper, through its non-profit organisation New Perimeter, has taught a week-long Special Economic Zone Course for the fourth consecutive year at the University of the Western Cape this week. An international team of lawyers returned to the University of the Western Cape in Cape Town, South Africa, to teach the course alongside lawyers from […]

Geffen reflects on Ashurt’s flirtation with US merger

It’s been over a year since Ashurst partners voted Ben Tidswell into the firm’s newly created chairman role and in doing so ousted Charlie Geffen after four years at the helm. Having trained at the firm, made partner in 1991, proceeded to become head of private equity and then to senior partner in 2009, the […]

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