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Related 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 […]

Excluding environmental liability in property transactions: let the buyer beware

The Court of Appeal in First Tower Trustees Ltd. and another v CDS (Superstores International) Ltd [2018] EWCA Civ 1396 has held that a landlord was not permitted to rely on a clause restricting its liability for representations, where it had misrepresented to a tenant in response to pre-contract enquiries that it had no knowledge of asbestos […]

CMA publishes final report on Heat Networks calling for new regulation

On 23 July 2018, the Competition and Markets Authority (CMA) published its final report in its market study into heat networks. The CMA conducted a comprehensive seven-month study to assess whether households are “getting a good deal” and found that new regulation is required in order to protect heat network customers in a similar way to existing […]

Latest Briefings

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 […]

Switzerland maintains its globally leading position in international arbitration

By Michael Feit Switzerland has a long-standing tradition to serve as the seat for international disputes. Thanks to its very arbitration friendly legal framework, and overall encouraging factors such as Switzerland’s neutrality, stability and business-friendly environment, Switzerland has remained a top choice for international arbitration for parties from all over the world…

New provisions concerning critical infrastructure in Romania

By Irina Radu One of the major objectives of the EU is reducing the vulnerabilities of critical infrastructure and increasing their resilience. An adequate level of protection must be ensured and the harmful effects of disruptions on the society and citizens must be limited as far as possible. Critical infrastructures extend across many sectors of the […]

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In association with Fox Rodney, Saunderson House and Thomson Reuters Mark Amsden, Morrisons Morrisons general counsel Mark Amsden, who joined from Addleshaw Goddard in 2013, has expanded the supermarket’s legal functions to support the business in a challenging retail environment. This included refashioning the team’s roles to allow in-house lawyers to take on risk identification […]

Judgment handed down in Horsham DC v Secretary of State case

Lindblom J handed down the judgment in the Horsham District Council v Secretary of State for Communities and Local Government case that: “It is not a general principle in planning law that an acceptable proposal for development should be turned away because a better one might be put forward instead. This case shows why that […]

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Browne Jacobson managing partner pledges further growth for third term

Browne Jacobson’s managing partner Iain Blatherwick has been unanimously re-appointed to the role in a vote by the firm’s 96 partners. Blatherwick said the firm was determined to keep growing, following significant expansion in his first two terms in the role. “Over the next few years we want to keep growing by looking at where […]

Bakers, Freshfields, HSF and Linklaters pick up spots on O2 deal

Amid a global wave of consolidation in the telecoms sector four firms have emerged as advisers on the latest big deal – Hong Kong-based Fortune 500 giant Hutchison Whampoa’s proposed £10.25bn acquisition of O2. It is understood that Herbert Smith Freehills (HSF) has scooped the mandate for the UK’s second-largest mobile unit O2, while Hutchison […]

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Freshfields and HSF among raft of firms advising on Hutchison Whampoa’s £10.25bn O2 buy

Baker & McKenzie, Freshfields Bruckhaus Deringer, Herbert Smith Freehills and Linklaters are among the firms to win roles on Hong Kong giant Hutchison Whampoa’s proposed acquisition of O2. Herbert Smith Freehills is understood to have scooped the key role acting for O2. Meanwhile, it is thought that Linklaters is playing a key role for Hutchison […]

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