Related briefings

Welcome protection for consumers of certain cryptoasset investments

By Gurprit Mattu The Financial Conduct Authority (‘FCA”) published its final rules for the banning of derivatives and Exchange Traded Notes (“ETN’s”) that reference unregulated transferable cryptoassets, such as Bitcoin, Ether, Litecoin, and Ripple. The rules apply to firms who are operating from or in the United Kingdom. The ban comes into effect on 6 […]

Planning conditions and access routes – DB Symmetry v Swindon BC

By Richard Humphreys QC Richard Humphreys QC (instructed by Jones Day) represented DB Symmetry Ltd (the appellant). The dispute was as to whether a planning condition required the developer to dedicate access roads as public highways or whether it merely regulated the physical attributes of the roads. The Court of Appeal held, allowing the appeal from […]

Court of Appeal gives judgment on the long residence rule

By Manjit S Gill QC, Edward Nicholson Do past or present periods of overstaying mean that a person who has otherwise remained continuously in the UK with leave for 10 years cannot qualify for indefinite leave to remain (ILR) under the Long Residence Rule in paragraph 276B of the Immigration Rules? This question is considered […]

Green light for mortgage repossessions

By Gurprit Mattu On 31 October 2020, the government ban on repossession hearings comes to an end. Lenders may commence or continue with repossession proceedings if appropriate. When is it appropriate? The Financial Conduct Authority (“FCA”) published further guidance on Mortgages and Coronavirus [1] which applies from 16 September 2020. It sets out that firms must continue to […]

Court dismisses challenge to decision granting planning permission for relocation of works at nuclear power station within AONB

By Leanne Buckley-Thomson Introduction Judgment in the case of Girling v East Suffolk Council [2020] 9 WLUK 348 was delivered on 1st October 2020 and it’s certainly one to add to your personal planning case book. The Claimant sought judicial review of the Council’s decision to grant planning permission for replacement facilities in respect of what is […]

Latest Briefings

Cartels and the construction sector: Levelling up and screwing down

In recent years, the UK’s construction sector has not had a happy track record with respect to competition law enforcement, where the Competition and Markets Authority has fined construction companies a total of £67 million across five cases. Of particular significance is the increased focus on individual responsibility, as these cases also led to the disqualification of 11 directors and two criminal convictions.

Snapshot: Enforcement of foreign arbitral awards in the Cayman Islands

Foreign arbitral awards may be enforced relatively quickly and easily in the Cayman Islands and the Cayman Islands courts are willing to assist with the recovery of judgment debts. This Snapshot provides an overview of the recognition process and the steps that are then available for enforcement.

Jersey Royal Court concludes there is no substratum rule that applies to Jersey trusts

The Royal Court has recently clarified the Jersey law position of whether a trust is able to lose its substratum. Following analysis of the recent decision of the Bermuda Court of Appeal in Grand View Private Trust Company Limited v Wong & Ors, the Royal Court concluded that there was no substratum rule which applied to Jersey trusts and that powers of addition or exclusion contained within Jersey trusts should be given their natural meaning.

Working with AI

On 23 September 2021 Shoosmiths hosted its latest IHL webinar on working with AI: the key types, implementing AI and what the future might bring. Ian Blackwell represented Next Retail Ltd on the panel, alongside Simon McArdle and Sebastian Price, Commercial Partners at Shoosmiths.

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Herbert Smith

HSF cuts debt by 21 per cent in first full year after merger

Herbert Smith Freehills (HSF) reduced its debt position in its first full year as a merged firm, although it still ended the 2013/14 year with borrowings of £141m. As the firm in its current form was created via the October 2012 merger of UK firm Herbert Smith with Australia’s Freehills (28 June 2012) the previous […]

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India’s largest firm Amarchand splits as brothers battle over equity stake

When Indian firm Amarchand Mangaldas Suresh A Shroff & Co splits in two on 1 April this year it will bring an end to the history of one of India’s oldest and best-known law firms. Set up in 1917 by Amarchand Shroff, the firm has been controlled by the Shroff family ever since, with management […]

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Freshfields and HSF among raft of firms advising on Hutchison Whampoa’s £10.25bn O2 buy

Baker & McKenzie, Freshfields Bruckhaus Deringer, Herbert Smith Freehills and Linklaters are among the firms to win roles on Hong Kong giant Hutchison Whampoa’s proposed acquisition of O2. Herbert Smith Freehills is understood to have scooped the key role acting for O2. Meanwhile, it is thought that Linklaters is playing a key role for Hutchison […]

Hong Kong

Sweden’s Magnusson opens ninth office in three years with Hong Kong launch

Swedish firm Magnusson has added a Hong Kong office through a tie-up with two-partner Hong Kong firm Odebjer Fohlin – its ninth new base in three years. Odebjer Fohlin’s two partners, Kristian Odebjer and Paulo Fohlin, both take on leadership roles at Magnusson. Corporate and finance lawyer Odebjer will be co-head of Magnusson’s China group, while […]

Shoosmiths guides Swedish conglomerate Indutrade on UK acquisition

Shoosmiths has advised Swedish conglomerate Indutrade on its acquisition of the entire share capital of Adaero Precision Components Ltd, from the Cosworth Group. Shoosmiths corporate partner Ben Turner, associate Al Hammerton and tax partner Kate Featherstone advised on the deal after impressing Indutrade with their approach on the sale of Birmingham Specialities Ltd to Indutrade […]

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