Constructive knowledge bars claim — Jacobs v Sesame Ltd

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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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The Solicitors’ Disciplinary Tribunal (SDT) has kicked off a re-hearing of a case alleging former Addleshaw Goddard partner Mark Gilbert of discrepancies in expenses.  The case against Gilbert was originally heard in January, when the Solicitors Regulation Authority asked the SDT to drop its claims of lack of integrity against the partner. However, the tribunal […]

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China-based IP boutique Schmitt & Orlov expands ASEAN footprint

Beijing-headquartered IP firm Schmitt & Orlov is extending its reach in the Association of Southeast Asian Nations (ASEAN) region with the launch of an office in Laotian capital Vientiane. The firm will open its Laos base in March 2015 and also has plans to expand into Myanmar by the end of 2015. As the firm […]

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House of Lords: Lord Chancellor does not need to be a lawyer

The House of Lords Constitution Committee has determined that the Lord Chancellor’s role does not have to be filled by a qualified lawyer, although a background in law would be “a distinct advantage”. The committee’s report on the role of the Lord Chancellor, published today (11 December), said that while the Lord Chancellor and the […]

Bakers splits with CNOOC post internal investigation

Close contact between in-house lawyers and panel firms has always been seen as a good thing but for China’s state-owned energy giant China National Offshore Oil Corporation (CNOOC) it has just been the cause of a mammoth fight. Both Baker & McKenzie and senior CNOOC lawyer Kang Xin suffered after the company criticised Xin for […]

Aggressive regulators means litigation boom

The total value of the world’s 50 largest litigation practices has just got bigger, exclusive research by The Lawyer has revealed in this year’s Global Litigation Top 50. Last year the total stood at $24.357bn. This year’s list has grown by 7.4 per cent to $26.164bn, the highest level since The Lawyer began tracking global […]

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