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Green ambitions for post-Brexit UK financial services

Green finance remains high on the agenda despite the potential distractions of COVID-19 and Brexit. Chancellor of the Exchequer Rishi Sunak has already set out further developments in the UK Government’s plans for the future of financial services post-Brexit. Alongside updates on approach to matters including equivalence and financial technology, the announcement emphasised the UK’s intention to remain a leader in green finance.

Latest Briefings

European public procurement: Commentary on Directive 2014/24/EU

The detailed commentary on European public procurement provides an authoritative interpretation of each provision in the main EU Directive on public procurement – Directive 2014/24/EU. It also highlights the application problems and interpretative issues being raised in EU Member States, which in due time will make their way up to the CJEU or even require further legislative interventions.

There is no normal: rapid change requires resilience

Phil Muller, director of legal services at Williams Lea, explains why law firms need to make better use of data, technology and distributed working to future-proof their business models.

Offshore Litigation: Rule in Gibbs applied – Recognition of Singapore moratoria denied in Scotland

In the recent Scottish case of Chang Chin Fen v Cosco Shipping (Qidong) Offshore Ltd, the Outer House of the Court of Session refused petitions brought by debtor companies under the Cross-Border Insolvency Regulations, 2006 to, amongst other things, recognise moratoria obtained in the Singapore High Court on the basis that to do so would prejudice the rights of a creditor to claim under its English-law governed debt, which stood outside the proposed Singapore schemes.

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DWF Manchester

DWF secures further £15m credit from lenders

DWF has managed to increase its existing revolving credit facilities, securing a further £15m to weather the worst of the Covid-19 crisis. The new funding solution is part of an agreement with lenders struck almost a month after the listed firm braced its investors on the impact of the coronavirus on its business, highlighting that […]

BT

Fifteen firms win places on BT’s slimmed-down roster

BT has more than halved the number of firms on its legal panel, with firms including Freshfields Bruckhaus Deringer and Addleshaw Goddard securing places. The telecoms giant announced today it has trimmed its panel down from over 40 to just 15. Reappointments to the panel include Addleshaws, Allen & Overy, Bryan Cave Leighton Paisner, CMS […]

Jeremy Cohen

Dentons asks employees to work four-day week for six months

Dentons UK and Middle East LLP is asking all of its employees to work a four-day week for six months, with partner drawings reduced by 20 per cent for the same period. The firm has made the announcement as part of its wider package of Covid-19 measures, aimed at combating the financial impacts of the […]

london

CMS replenishes corporate ranks with HSF capital markets hire

CMS has hired Herbert Smith Freehills’ capital markets head, just a few days after it lost a longtime corporate partner to White & Case. The firm has hired partner Charles Howarth, who has spent most of his career at HSF. There, he was head of the capital markets practice, advising investment banks on IPOs and […]

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