Latest Briefings

Dishonesty: A change of approach

On 29th April 2020, following the decision in the case of R v Barton and Booth [2020] EWCA Crim 575, the Court of Appeal identified that the two-limb test for dishonesty as identified in the case Ghosh, is no longer the approach to be taken.

Cybersecurity requirements for licensees

Entities regulated under the Insurance Law will need to implement cybersecurity measures in proportion to their cyber risk profile by 27 November 2020 following the release of the Rule and Statement of Guidance on Cybersecurity for Regulated Entities by the Cayman Islands Monetary Authority on 27 May 2020.

Wirecard – has the German financial regulator lost its immunity?

The German regulator BaFin is being sued for abuse of authority following one of the biggest fraud scandals of the decade with German payment processor, Wirecard AG, filing for insolvency owing €3.5bn and its chief executive arrested on suspicion of accounting fraud and market manipulation. This article explores the situation and considers the need for change.

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Tesco escapes Competition Commission rap

The Competition Commission has found that Tesco does not stifle competition, according to its provisional findings published today (31 October) after an 18-month investigation into the UK groceries market. The Competition Commission’s report said: “Expansion by other grocery retailers continues, which suggests that Tesco’s purchasing cost advantage, share of national grocery sales or expansion into […]

Fladgates, Dorsey seal TV company tie-up

Fladgate Fielder has acted for television production company Twenty Twenty Television on its acquisition by AIM-listed Shed Media. The latter was advised on the deal by Dorsey & Whitney corporate finance partner Mark Taylor. The team acting for Twenty Twenty, a longstanding client of Fladgate Fielder, was led by corporate partner Anthony Vaughan. He said […]

Herbies’ Gold vows to get tough on coasting partners

Herbert Smith senior partner David Gold is taking a tough stance on underperforming partners, with the aim of improving overall profitability. Stressing that every partner must be a net contributor to the firm’s profit pool, Gold said it is likely there will be a number of partner departures from the firm in the coming years. […]

Lip service

Tulkinghorn extends a hirsute hello to Linklaters corporate partners Charlie Jacobs, Richard Youle and Owen Clay. Normally clean-shaven, you may notice something growing on their top lips in the coming weeks. The ‘tached trio is raising money to battle prostate cancer for global charity Movember, which encourages men to “grow a mo” during the month […]

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PI insurers warn of 25 per cent rate hike

Solicitors’ professional indemnity (PI) insurance rates have dropped to their lowest point ever. And while lawyers may be cashing in on the downturn, leading PI insurers are warning of a looming correction, and that could mean a rate hike of 25 per cent within two years. For insurers and insurance brokers alike the solicitors’ PI […]

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