Lawyers launch appeal as Lowry gets nine years

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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 […]

Recommended

Cozens plans insurance law shake-up

US firm Cozen & O’Connor, which has opened in London last week, is planning to open up the little-used practice of sub- rogation in the UK. In the US, around 60 per cent of the firm’s work is in subrogation – cases where insurance companies sue a third party to recover the cost of a […]

SIF debacle threatens Law Society's future

At first people got angry. Then they started to laugh. Now they are getting hysterical and turning to the law to try and get their own way. The row over the Solicitors Indemnity Fund (SIF) has had more twists, turns, victims and villains than a John Grisham novel. We only wish it was even half […]

Immigration lawyers

Bad news for immigration lawyers this week – a report predicts that the already record-breaking backlog of asylum and immigration claims is set to grow even longer. The National Audit Office (NAO) warns the backlog of 45,000 claims will increase as a result of computer implementation delays. A further spanner could be thrown in the […]

Case of the week

No longer do music lawyers have briefs, they have “gigs”. Such is the flow of “stars” wandering in and out of the Royal Courts of Justice, that it is taking on the appearance of Wembley Stadium. Thankfully, those nice young men from Oasis (a rock and roll band from Manchester M’lud) secured a settlement on […]

Battle in the High Court

The future of a High Court battle in which the Canada Trust Company is suing Wolfgang Stolzenberg president and chief executive of the Castor Group over alleged malpractice and fraud is to be decided by the House of Lords. Stolzenberg is fighting a long-running battle to block action in the English courts claiming he is […]

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