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Latest Briefings

Longer term tenancies? Potential implications for lenders

Walker Morris’ Housing and Banking Litigation experts Karl Anders, Justin Coley and Sandip Singh explain the UK government’s consultation on introducing longer-term tenancies in the private rented sector, with a particular focus on potential impacts for lenders…

Assessing creditworthiness in consumer credit: FCA publishes final rules and guidance

The results of a large-scale survey by the Financial Conduct Authority (FCA) in 2017 indicated, among other things, that: 75% of UK adults had one or more consumer credit products or loans in the previous 12 months; 4.1 million people were “in difficulty” because they had already failed to pay domestic bills or meet credit […]

Open Banking, fintech and the Brexit hokey cokey

By Miles Trower London is, arguably, the most important global hub for financial services. As a result, the consequences of the Brexit vote, the ensuing uncertainty and the eventual transitional and regulatory framework applying to UK financial services and how it will continue to access overseas markets has been subject to huge speculation. Much of […]

FCA consultation on a Global Financial Innovation Network

By Russell Kelsall On 7 August 2018, the Financial Conduct Authority (FCA) published a consultation on the creation of a Global Financial Innovation consultation. With innovation in the global financial services market rapidly increasing, it is important for firms to consider the options for building, implementing and sharing experiences of digital solutions.

Austria: The DPA’s strict view on retention periods

At the end of July, the Austrian Data Protection Authority (‘DPA’) published its first decision on retention periods applying the General Data Protection Regulation (‘GDPR’; DSB-D216.471/0001-DSB/2018). The decision is final. The DPA had to decide for which period a provider of telecommunications services (hereinafter: the ‘controller’) may (respectively must) retain so-called master data, required for […]

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Chris Smylie

Maclay Murray & Spens LLPs reveal cost of Glasgow move

Scottish firm Maclay Murray & Spens saw its profits dip during the 2010-11 financial year, while the firm took on more debt following an office move. Turnover at the firm in 2010-11 was £47.3m, down from £52.3m in 2009-10. Likewise, operating profit at the firm was down, from £15.1m to £13m. Average profit per partner […]

David Forsdick

Judgment call: 30 January 2012

The court granted an order for possession of land occupied by protesters outside St Paul’s Cathedral and orders for declaratory and injunctive relief. Civil procedure City of London v Samede (2012) EWHC 34. Queen’s Bench Division. Lindblom, J. 18 January 2012  The extent and duration of the obstruction of the highway, and the public nuisance […]

Linklaters and SNR Denton lead on Petroplus administration

Linklaters and SNR Denton have picked up lead advisory roles on the administration of UK-based Petroplus Refining & Marketing. Both firms have been retained by PricewaterhouseCoopers (PwC) joint administrators Steven Pearson and Ian Green to advise on the administration. Corporate partner Chris Howard in leading the Linklaters team, with global restructuring and insolvency co-head Nigel […]

Mark Hapgood QC

Hapgood steps in for Berezovsky: Brick Court enters stage left as Rabinowitz bows out

Brick Court Chambers heavyweight Mark Hapgood QC has secured the mandate to represent self-exiled Russian oligarch Boris Berezovsky in his six-month trial set for October. Berezovsky’s lawyers at Addleshaw Goddard were left without counsel in the build-up to the six-month trial after One Essex Court’s Laurence Rabinowitz QC withdrew, citing prior diary commitments. Addleshaws partner […]

2

Where is the common-sense guide to civilised separation?

People a lot more concerned with etiquette than I am will breathe a sigh of relief now that Debrett’s has produced a guide to civilised separation, which apparently includes such gems of advice as: “Don’t be vindictive: it may be tempting to throw your husband’s vintage wine down the loo or shred his best suit, […]

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