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

Loading NIS directive 2.0 for higher cybersecurity protection

Given that the landscape of threats has significantly expanded, it comes as no surprise that the European Commission has proposed a revised version of the Directive concerning measures for a high common level of security of network and information systems across the Union.

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DLA Piper triumphs for Natwest and RBS in mis-selling case

DLA Piper has fought off a derivatives mis-selling case for Natwest and the Royal Bank of Scotland (RBS) which were found to have given “negligent but not actionable” advice to family property company Crestsign. In the latest in a slew of cases concerning financial instruments which plummeted in value during the recession, 11 KBW’s Tim […]

trainee

American trainee-frenzy sweeps City

US firms indulge in London hiring binge, but Mayer Brown bucks the trend If the magic circle’s shrinking of its trainee intakes in recent years can be likened to a strict diet, then US firms’ offices in the capital have gone on something of a binge lately. Last week, Sullivan & Cromwell said it would […]

Ogier appoints three new partners across Jersey and Luxembourg offices

Ogier has appointed three new partners across the Jersey and Luxembourg offices. The appointments are effective from 1 October 2014 and the new partners are Fabien Debroise in Ogier’s Luxembourg office and Niamh Lalor and Bruce MacNeil in Ogier’s Jersey office. Debroise has special expertise in syndicated lending and leveraged acquisition finance, as well as […]

lending money

Slaughters advises Wonga on FCA-prompted £220m debt write-off deal

Slaughter and May has advised Wonga on the agreement with the Financial Conduct Authority (FCA) that wrote off £220m of debt from approximately 330,000 customers this week. Wonga and the FCA announced the voluntary agreement reached between two parties earlier this week, which also involves the loans company paying compensation of over £2.6m for unfair […]

Burgeoning Belfast

Belfast has become a magnet for international firms wanting to site their low-cost operations; think Herbert Smith, Allen & Overy and Baker &McKenzie. But it’s also become popular with firms wanting to expand their legal offerings. Pinsent Masons, Kennedys and most recently BLM have all merged with local firms. BLM merges with eight-partner Belfast firm […]

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