Former Thacher partners lobby to retrieve cash

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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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Leeds’ Lupton Fawcett takes over Fox Hayes

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Manches secures £50m payout for Madonna’s ex

Manches family partner Helen Ward has cemented her place as the UK’s leading divorce lawyer after securing a £50m divorce settlement for Madonna’s husband Guy Ritchie. Ward set legal history in May 2007 when she secured a £48m divorce settlement for Beverly Charman, the wife of insurance tycoon John Charman (TheLawyer.com 24 May). Madonna’s spokeswoman […]

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Crunch time at DLA

It had always seemed likely that DLA Piper, the world’s largest law firm by number of lawyers, would have to make some redundancies as the recession loomed. But despite a steady stream of rumours, the firm consistently denied it was looking at redundancies and accused those claiming the contrary of spreading “malicious” gossip. When the […]

Trio of firms advise on Shard of Glass financing

Eversheds, Norton Rose and Rosenblatt have snared key roles in a deal to secure a new funding package for construction of Europe’s tallest building. Eversheds, Norton Rose and Rosenblatt Solicitors have snared the key roles in a deal to secure a new funding package for the construction of Europe’s tallest building – the Shard of […]

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Universities infuriate students by labelling A-level Law a ‘soft option’

It Is quite hard to start any conversation about A-level education without using the words ‘In my day…’. Many ­people accuse A-level programmes of having dumbed down with the ­introduction of more varied courses, while universities are first in the queue to attack so-called ‘soft’ subjects, such asA-level Law. And school students with an A-level […]

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