Constellation Energy hires St Paul group counsel

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Latest Briefings

Overseas companies and UK property – all change in 2021

By Maria Connolly At the end of July, the Draft Registration of Overseas Entities Bill was published. The intention is that, from 2021, overseas entities wanting  to deal in certain UK property will have to register in the overseas entities register (OER). Why will overseas entities have to register?

Hackitt review: Response suggests further extension of the regime

By Adrian Mansbridge As outlined in our previous articles covering what lies ahead for high rise regulation and the proposed ban on flammable cladding the legislative programme to implement the recommendations of the Hackitt review and to address broader concerns is already underway. However, as anticipated, political concerns have already led to these proposals being “beefed up”…

Use of behavioural biometrics brings privacy issues under GDPR

By Alex Towers With cybertheft and data breaches becoming an increasingly common occurrence, the need to rapidly and accurately identify fraud has driven the development of behavioural biometrics as a means to target automated attacks and suspicious transactions. However, for the technology to function, companies must amass libraries of biometric personal data to construct profiles…

Supreme Court rules a ‘right to litigate’ cannot be assigned to a third party

By Rebecca MacCann What happens if you assign your right to litigate to a person or company that is unconnected to the event that creates the right to litigate? In the recent Supreme Court case of SPV Osus Ltd v­ HSBC Institutional Trust Services (Ireland) Limited & Ors [2018] IESC 44, the Supreme Court held […]

Portugal: Fund management 2018

By Pedro Simões Coelho, Ricardo Seabra Moura and Carlos Filipe Couto How is fund management regulated in your jurisdiction? Which authorities have primary responsibility for regulating funds, fund managers and those marketing funds?

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Directing the blame

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Clyde & Co finds quick-fix solution for WTC claims

A unique scheme has been drawn up by Clyde & Co to resolve quickly the hundreds of reinsurance claims arising out of the destruction of the World Trade Center (WTC) – totalling an estimated $45bn (£28.7bn) – that are soon to reach the London market .The firm’s senior partner Michael Payton is responsible for the […]

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Say the word ‘derivatives’ and normal people look blank and switch off. Even lawyers tend to glaze over when faced with more than a fleeting moment engaged in derivatives banter. But if you put credit derivatives and workouts together, it’s another matter entirely. The combination creates a fizz, not dissimilar to the reaction seen when […]

Mishcons forms LLP to buy new office

Mishcon de Reya has set up an innovative management structure for its new building in Holborn, central London The equity partners of the firm have set up a separate limited-liability partnership (LLP), which legally owns the freehold of the building.Mishcons has the lease and pays a monthly amount into the LLP. The firm originally bought […]

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UK leans towards contingency fee payments

The US style of paying lawyers by contingency fees is growing in the UK, as what is believed to be the fourth firm begins working on this basis Contingency fees – where fees are charged as a percentage of the value of the claim but only paid if successful – are increasingly popular in the […]

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