The Budget, bankruptcy and pension pots

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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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Europcar
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Pinsent Masons usurps Slaughters on Europcar refinancing mandate

Slaughter and May lost out on the mandate to advise client Europcar on the £500m refinancing of its UK business, with the car rental giant turning instead to Pinsent Masons on the deal. Pinsent Masons finance partner Edward Sunderland in Birmingham and London-based Martin Bishop will lead on the £500m asset refinancing, which will allow Europcar […]

Walker Morris set to provide legal support to Centre for Process Innovation

Walker Morris has been appointed to the Legal Service Panel for the Centre for Process Innovation (CPI) following a successful tender. The firm was successful in all areas of legal work and will cover all lots: property and construction; corporate; procurement state aid and competition; commercial and intellectual property litigation; commercial and technology; engineering law […]

The Lawyer harmony blog
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Legal Harmony: Wragge Lawrence Graham & Co

Wragge Lawrence Graham & Co’s choir is undoubtedly the youngest performing at the Legal Harmony competition, given that the firm only formally merged on 1 May 2014 We began life in Wragge & Co’s Birmingham office in December 2010 when a small group of singers, led by then-trainees Rob and Nick Bridgman, performed a repertoire […]

External spend

Sainsbury’s has added two more firms – KWMSJB and TLT – to its formal roster following its recent panel review, which was run jointly by the legal and procurement functions. See below for a selection of the most recent tenders. TLT and King & Wood SJB win spots on Sainsbury’s panel review Wait is over […]

Barbirolli Square Manchester
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Addleshaw Goddard partner trio quit to launch Nabarro Manchester office

Addleshaw Goddard’s Manchester real estate chief Mark Haywood is leaving the firm with two partners to launch an office for Nabarro in the city. Haywood will be joined by commercial property partner Nathan Jansen and commercial real estate partner Monica Brij. Discussions regarding the trio’s departure and start dates are ongoing. Nabarro senior partner Graham […]

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