Eversheds in massive management shake-up

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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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Steptoe raids LeBoeuf for Brussels push

Steptoe & Johnson has hired the former head of LeBoeuf, Lamb, Greene & MacRae’s EU insurance regulatory team for its Brussels office. Guy Soussan, a partner at LeBoeuf since 1998, joined LeBoeuf in 1987 and established its EU insurance regulatory practice in Brussels. Steptoe’s joint managing partner in Brussels, Jean Russotto, said the firm would […]

A&O, McCann FitzGerald secure historic Irish CMBS

Allen & Overy (A&O) and Dublin-based firm McCann FitzGerald are advising Eurohypo on Ireland’s first commercial mortgage-backed security (CMBS) for a property company. The German real estate bank has arranged a seven-year loan worth €375m (£257m) for Real Estate Opportunities (REO), 57 per cent of which is held by Treasury Holdings. With the deal due to […]

College of Law wins Law Society’s highest accolade

The Law Society has awarded the College of Law’s Store Street branch and BPP Law School’s Manchester arm the first top grades under its new law school ratings system. It is understood that, on a recent visit to Store Street and Manchester, the Law Society panel awarded every aspect of the LPC provisions the highest […]

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A slice of the action

The IPO of Gondola Holdings last November marked the return of restaurant chain PizzaExpress to the London Stock Exchange.In November 2005, Gondola Holdings, the holding company of the PizzaExpress, ASK and Zizzi restaurant chains, floated on the London Stock Exchange (LSE) with a market capitalisation of approximately £480m. The flotation marked a return to the […]

Addleshaw Goddard hires Norton Rose chief

Addleshaw Goddard has bolstered its corporate department with the hire of Norton Rose senior associate Ivor Edwards, who joins as a partner. Edwards comes with an insurance and financial services background, an area an Addleshaws spokesman said the corporate department had targeted to bulk up. Edwards starts at the end of the month.

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