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Latest Briefings

FCA opens notifications for temporary permissions regime in case of no-deal Brexit

By François Pfister, Anne-Gaëlle Delabye In order to ensure that investment funds that are currently marketed in the United Kingdom under the European Economic Area (EEA) passporting regime continue to be able to do so in the event of there being no implementation period based on the withdrawal agreement after 29 March (no-deal Brexit), the […]

Changes in the procedure for admission of foreign medical devices and medicines to public procurement in Russia

On 1 January 2019, amendments to the Resolution of the Government of the Russian Federation No. 102 of 05.02.2015 that provides for restrictions and conditions for the admission of certain types of medical devices originating from foreign countries for the purpose of procurement for state and municipal needs (“Resolution No. 102”). And the Resolution of […]

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Former Slaughter and May real estate partner joins Candy & Candy

Former Slaughter and May partner Dermot Rice has emerged at the company owned by billionaire property developers, Nick and Christian Candy, after leaving the firm in November. The real estate partner, who joined Slaughters in 1986, will join Candy & Candy as a director in May 2014, on the back of the appointment of Simon […]

Bank of England

One Essex Court’s Grabiner to lead BoE forex investigation

Heavyweight One Essex Court silk Tony Grabiner QC has been appointed to lead the independent investigation into allegations of forex manipulation at the Bank of England (BoE). The BoE’s oversight committee has tasked the silk with looking into whether any bank officials were involved with rigging the forex rates between 2005 and 2013. The silk […]

Walker Morris advises on sale of Shopacheck Financial Services to Rcapital

Lawyers at Walker Morris have advised Welcome Financial Services (a wholly owned subsidiary of Cattles) on the sale of Shopacheck Financial Services to Rcapital, a London-based private investment company. Shopacheck carries on the second-largest home-collected credit business in the UK and the deal will see Shopacheck merge with Rcapital’s existing home-collected credit business, Morses Club. […]

Getting your priorities in order — precedence clauses in commercial contracts

The Court of Appeal case of RWE Npower Renewables Ltd v J N Bentley Ltd [2014] EWCA Civ 150 acts as a reminder to draftsman not to place too much reliance on these clauses and highlights the risks when all contractual documents are not properly reviewed before finalising agreements. RWE engaged Bentley to carry out civil engineering […]

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