Davenport, DWS scoop Macmillan deal

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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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Herbert Smith’s China boss quits for Credit Suisse

Herbert Smith’s China managing partner Jeremy Xiao is set to leave the firm to take up an in-house position with Credit Suisse. Xiao, who is based in Herbert Smith’s Beijing office, will join Credit Suisse as managing director of its China investment banking department. He is due to take up the position on 15 November […]

Dewey & LeBoeuf closes first deal post merger

The first deal to be completed by newly merged firm Dewey & LeBoeuf has been closed by a London-based legacy Dewey Ballantine partner. Equity capital markets partner George Barboutis closed the deal two hours after the merger between Dewey and LeBoeuf Lamb Greene & MacRae went live on 1 October. As such, the deal included […]

Norton Rose Middle East links spark Tokyo launch

Norton Rose is to open an office in Tokyo before Christmas to take advantage of Japanese companies investing in the Middle East. While no launch date has been set, the office will support Japanese-backed projects in the Middle East and will target sponsors and financial institutions, as first revealed on www.thelawyer.com (4 October). Norton Rose […]

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Lord Mawhinney slams football deals

Football League chairman Lord Mawhinney has hit out at the lack of legal integrity in football players’ contracts. Speaking at a conference held by the British Association of Sports and the Law today, Lord Mawhinney said that few clubs and agents have respect for the contracts of their players. “I have lost count of the […]

Intelsat brings in Tyco general counsel

Bermuda-based fixed satellite provider Intelsat has snared Tyco International general counsel for Latin America Armando Tirado to take up the role of general counsel for Europe and the Middle East. Tirado is temporarily working out of Intelsat’s Washington DC office, but is expected to move to his permanent base in London before the end of […]

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