Pinsents and Eversheds emerge as frontrunners in Heineken sole adviser race

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Payment Service Providers: Are You Safeguarding Customer Funds in Compliance with the Rules?

By Kam Dhillon On 4th July 2019, the FCA released the findings from its recent review of non-bank payment service providers (PSPs). The FCA assessed how well PSPs (i.e. authorised payment and e-money institutions) meet the requirements for safeguarding customer funds in practice, in accordance with the Payment Services Regulations 2017 (PSRs) and the Electronic Money Regulations 2011 (EMRs).

2019 Global Survey on the Commercialisation of Disputes – Cayman Islands

By Paul Smith, Spencer Vickers Q. Are lawyers able to enter into contingency /damages sharing agreements with clients? No, contingency fee agreements are unlawful. However, it is lawful for lawyers to enter a fair and reasonable conditional fee arrangement for an increase in fees to reflect the nature of the risk undertaken by counsel in accepting […]

2019 Global Survey on the Commercialisation of Disputes – Bermuda

Rhys Williams Q. Are lawyers able to enter into contingency/ damages sharing agreements with clients? No. These are prohibited by the Barristers’ Code of Professional Conduct 1981, Rule 96. The Bar Council has proposed allowing conditional/contingent fee structures however no steps have been taken to do so thus far. Q. Recoverability of client costs and/or success […]

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