Lawyer's claims of naivety rejected

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Latest Briefings

Walker Morris team explores opportunities in new entry-level exception sites and starters homes

By Richard Sagar, Karl Anders, Graham Whiteford, Josh Kitson Introduction This briefing note, prepared by the Walker Morris Planning Environment Team, explores the opportunities presented in the new National Planning Policy Framework (“NPPF2“). Specifically, the opportunities to obtain planning permission for new entry-level exception sites consisting of affordable housing for first-time buyers on previously unallocated […]

FCA published near-final rules amending the jurisdiction for SMEs and guarantors

By Paul Gair The FCA yesterday released its policy statement (PS18/21) on SME access to the Financial Ombudsman Service (FOS), setting out its near-final rules for amending the compulsory jurisdiction to include new definitions for “small businesses” and “guarantors”. At the same time, it has released a new consultation paper (CP18/31) detailing proposals for increasing […]

Walker Morris litigation specialists reviews regulator’s proposals for dealing with push payment fraud

By Louise Power, Rachel Elgar Banking & Finance Litigation specialists Louise Power and Rachel Elgar report on the Payment Systems Regulator’s (PSR) recent proposals for dealing with push payment fraud. What is push payment fraud? Payments are described as ‘push payments’ when the payer obtains the payee’s account details and instructs their bank to send (or push) […]

Impact of 2019 budget proposals on Dutch’s buyout sector

The Dutch government published important tax measures in its 2019 budget proposals with a potentially significant impact on the Dutch buyout sector. Some of these measures may result in a higher effective tax burden if appropriate action is not taken…

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UK and US offices join in pay-out fight

Lovell White Durrant’s Chicago and London offices combined to help a reinsurance client win the first round of a mammoth battle with the liquidators of General Electric’s insurance company, Emlico. Emlico, set up by General Electric solely to handle GE’s insurance, moved from Massachusetts to Bermuda in 1995 shortly before it went into liquidation owing […]

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Sympathy for the devil you know so well

Feeling sorry for lawyers is an unusual concept, particularly as I understand that our popularity ranks on the same level as tax inspectors and traffic wardens. Indeed, in the US, bookstores are rapidly selling out of a slim volume entitled Lawyers and Other Reptiles, a further indication of the low esteem in which we are […]

Three's company in Sweden

At times, the Swedish legal market looks like the story of three firms: Mannheimer Swartling, Lagerlof & Leman and Advokatfirman Vinge. The three were formed six years ago as a result of domestic mergers. In the process, they created a huge gulf between themselves – at the time each had over 100 lawyers – and […]

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