Freshfields scoops HMV over Simmons on Permira bid

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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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Weil Gotshal bags Lovells’ Compagnoni in private equity coup

Weil Gotshal & Manges has launched a fresh attack on the private equity market with the trophy hire of Lovells partner Marco Compagnoni.The New York-based firm voted Compagnoni into the partnership yesterday after a recruitment process that began onl… Weil Gotshal & Manges has launched a stunning assault on the UK private equity market with […]

Lovells picks new competition head

Lovells has appointed Susan Bright as its new global head of competition and EU law, with high hopes that the practice will bounce back after the shock departure of two senior partners last month. Bright, who joined the firm in 1989 as a trainee, begins her new role this week after soundings were taken from […]

Lawyer: Chinese govt tried to kill me

China’s most prominent human rights (HR) lawyer is claiming that the Chinese authorities tried to kill him after they had closed his law firm. The matter raises questions about how liberal China’s legal market really is. Gao Zhisheng, who has a similar reputation in China to UK lawyers such as Shami Chakrabarti or Clive Stafford […]

Winston suffers second CC assault

Winston & Strawn has suffered a second loss from its projects practice in as many months after Clifford Chance poached a second partner for its Washington DC office. The former head of Winston’s project practice Chris McIsaac has joined Clifford Chance as a partner and co-head of the energy and projects group. His departure from […]

Running from the law

An exodus of female lawyers seems likely unless firms offer greater flexibility. By Sarah Simpson. Long hours are commonplace in the legal world. But now it seems the daily grind is getting to lawyers, particularly women. According to research undertaken by Hudson, it is not the long hours women are taking issue with, but the […]

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