Finance litigation briefing — May 2014: onus on lender to give details of cost of PPI

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Latest Briefings

Overseas companies and UK property – all change in 2021

By Maria Connolly At the end of July, the Draft Registration of Overseas Entities Bill was published. The intention is that, from 2021, overseas entities wanting  to deal in certain UK property will have to register in the overseas entities register (OER). Why will overseas entities have to register?

Hackitt review: Response suggests further extension of the regime

By Adrian Mansbridge As outlined in our previous articles covering what lies ahead for high rise regulation and the proposed ban on flammable cladding the legislative programme to implement the recommendations of the Hackitt review and to address broader concerns is already underway. However, as anticipated, political concerns have already led to these proposals being “beefed up”…

Use of behavioural biometrics brings privacy issues under GDPR

By Alex Towers With cybertheft and data breaches becoming an increasingly common occurrence, the need to rapidly and accurately identify fraud has driven the development of behavioural biometrics as a means to target automated attacks and suspicious transactions. However, for the technology to function, companies must amass libraries of biometric personal data to construct profiles…

Supreme Court rules a ‘right to litigate’ cannot be assigned to a third party

By Rebecca MacCann What happens if you assign your right to litigate to a person or company that is unconnected to the event that creates the right to litigate? In the recent Supreme Court case of SPV Osus Ltd v­ HSBC Institutional Trust Services (Ireland) Limited & Ors [2018] IESC 44, the Supreme Court held […]

Portugal: Fund management 2018

By Pedro Simões Coelho, Ricardo Seabra Moura and Carlos Filipe Couto How is fund management regulated in your jurisdiction? Which authorities have primary responsibility for regulating funds, fund managers and those marketing funds?

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James Mullock

Time for action on data security

A recent Microsoft case in the US highlights the lack of clarity over data security, and European businesses need to take note. In late April, the US authorities issued, via a New York court, a search warrant to Microsoft seeking the release of emails and data belonging to one of its customers, even though the […]

Hong Kong

Hill Dickinson hires from Clydes and Kennedys to bolster Asia base

Hill Dickinson has bolstered its Asia office network with the hire of two shipping partners, taking one from Clyde & Co in Singapore and another from Kennedys in Hong Kong.  Former Clydes partner Chris Edwards will join the firm in Singapore on 2 June, while Kennedys partner Anthony Woo is to join the Hong Kong. […]

Eversheds wins Clean Energy Project of the Year at African Utility Week Awards

Eversheds has won the Clean Energy Project of the Year 2013–14 award for its role in advising on Sierra Leone’s first independent power project. Eversheds advised The Addax and Oryx Group on its €133m (£108m) project finance loan facilities for the construction of an integrated renewable energy and agriculture project near Makeni, Sierra Leone. The […]

Allen & Overy advises on Bharti Airtel International’s dual-currency bond issue

Allen & Overy has advised Bharti Airtel International (Netherlands) BV, as issuer, and Bharti Airtel Ltd, as guarantor, on Bharti Airtel International (Netherlands) BV’s first dual-currency international bond issue under Rule 144A/Regulation S, which raised approximately $2bn (£1.2bn). The issue involved simultaneous notes offerings of $1bn and €750m (£610m). The proceeds will be used by […]

Herbies – You’re hired! (to sue Kingsley Napley)

He is one of the UK’s most infamous bosses: hard to please, fiendishly frank and not afraid of giving anyone who disappoints him the chop. Now Lord Alan Sugar is hurling his famous catchphrase not at a group of potential business partners but at his former lawyers, Kingsley Napley. The mogul’s real estate company Amsprop […]

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