LIA’s $2.1bn dispute with SocGen adjourned due to “severe delays” in disclosure

The adjournment is the latest in a line of financial disputes delayed due to disclosure failings.

Related briefings

Court of Appeal upholds order regarding disclosure of custodians’ personal mobile phones and emails in competition claim

On 2 February 2021, the Court of Appeal upheld a disclosure order made by Roth J on 11 August 2020. Under the Order, various Defendants to competition proceedings brought by Phones 4u were ordered to write to senior current and former employees with a request that they grant access to their personal mobile phones and emails so that these can be searched for work-related communications that may fall within standard disclosure.

Court of Appeal overturns High Court’s refusal to sanction the transfer of Prudential’s annuity business to Rothesay

On 2 December 2020, the Court of Appeal overturned a decision by Snowden J in 2019 refusing to sanction the proposed transfer of c.£12.9bn in annuity liabilities from The Prudential Assurance Company Limited (PAC) to Rothesay Life (Rothesay). This is the first time the Court of Appeal has considered the approach the court should adopt in dealing with applications to sanction transfers of insurance business under Part VII of the Financial Services and Markets Act 2000 (FSMA).

Latest Briefings

The Changing Face of Digital ID in Jersey and Guernsey

The problem of confirming identity without face-to-face meetings during the COVID-19 pandemic has brought digital systems for the verification of identity (“Digital ID”) into focus, and may well accelerate the transition from paper based to digital systems as the default means of verifying identity. The Guernsey Financial Services Commission (“GFSC”) and Jersey Financial Services Commission […]

Irish High Court directs remote hearing of witness action

COVID-19 and the associated social distancing and other public health measures have had far-reaching practical consequences for court hearings. From the outset of the pandemic, the courts adapted quickly by introducing full remote hearings – initially for appeal hearings that did not require witnesses to give evidence, but also more recently for hearings involving witnesses. […]

How to develop your emotional intelligence?

In this article, Andrea Cardillo, Managing Partner TPC Leadership Italy, explains in an interview with TPCL Global team, the need to understand and develop your Emotional Intelligence (EQ) to help manage our relationships in a digital age. Question – by TPCL Global: Why talk about Emotional Intelligence today? Answer – by Andrea Cardillo (AC): Said […]

What is Emotional Intelligence (EQ)?

Emotional Intelligence (EQ) is a set of emotional and social skills that influence how we perceive and express ourselves, develop and maintain relationships, manage changes and challenges, and use the information provided by emotions to make good decisions.

Ireland Update: Strategy on Remote Working Strives to Keep Up

Ireland’s Department of Trade, Enterprise and Employment (“Department”) recently published a strategy paper outlining its vision for remote working entitled “Making Remote Work – National Remote Work Strategy” (“Remote Working Strategy”). The Remote Working Strategy confirms the Government’s intention to legislate for employees to have a right to request remote working. While recognising the many […]

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