Clifford Chance faces High Court breach of contract writ

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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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Partners raided over laundering claims

TWO LONDON partners from US firm Faegre & Benson were last week questioned by police over the alleged laundering of “at least $US50 million” on behalf of organised crime gangs in Russia. The partners, who have not been named, were arrested in London last week along with one of their wives, a Russian businesswoman. The […]

Business on the Internet

Linda Tsang reports Liverpool-based practice the Ian Short Partnership has put its business on-line on the Internet. Name partner Ian Short explains that the idea is to involve lawyers in the running of a business to save or earn more money, and identifies two key components for the change, including abolishing, where possible, charging clients […]

Linklaters takes on second US partner

LINKLATERS & Paines has brought in a second solely US-qualified partner only months after announcing plans to take on up to a dozen American finance lawyers by the close of 1995. The London-based firm has signed Peter Ruhlin, a former senior associate in New York practice Millbank, Tweed, Hadley & McCloy. Ruhlin, who had been […]

IT expert to head Pacific venture

US LEGAL management consultants Altman Weil Pensa has announced plans to establish a presence in the Pacific Rim under the direction of former Cameron Markby Hewitt information technology head Wendy London. London, who left CMH in 1994, will also become head of a new information, media and communications group at 21-partner Australian firm Price Brent […]

ACCREDITATION

‘Suspect expert evidence’ is a phrase we hear all too often. If we add to this the ‘high cost of experts’, ‘it takes at least six months to get a simple expert report’ and a handful of similar comments about partiality and advocacy by experts, we begin to understand the problem. Or do we? It […]

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