Linklaters finalises Sainsbury’s deal

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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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CC's Pollard to take early retirement

Clifford Chance’s chief operating officer Garth Pollard is to retire after more than three decades with the firm. Pollard joined Clifford Turner in 1969 from Ingledow Brown Benninson & Garrett, where he qualified. He is one of the architects of the 1999 mergers with Rogers & Wells and Pünder Volhard Weber & Axster that created […]

Beazer slashes UK property legal panel

Construction company Beazer Homes is cutting its property legal panel by more than half as it reaches the final stages of its proposed merger with Bryant. At present the company uses six external firms, including Davies Arnold Cooper, Ward Hadaway, Hammond Suddards Edge and Eversheds, throughout its regions, which are broken down into the North, […]

Richards Butler boosts corporate finance practice

During his time at the firm, Douglas acted on a number of high profile deals including a joint venture between Dutch companies Blackwell and Swets & Zeitlinger to create the largest journal subscription agency. A long term client of Douglas’, Blackwell was also advised by Eversheds merger Dutch merger partner Boekel de Neree and Proskauer […]

Commerzbank reviews legal panel

Commerzbank is conducting a review of its preferred legal advisers just a year after setting up the panel. The move coincides with the German bank instructing Lovells for the first time when the firm advised on its role as arranger and underwriter on Vaillant’s bid for UK engineering group Hepworth (see page 13). Because of […]

The Leader column

Hands up everyone whose New Year resolutions include any of the following: lose weight, cut down on drinking, write a novel, get a new job, see more of the family, see less of the family, start saving. Thought so. Pointless resolutions will no doubt still be the topic of office conversation this week, it would […]

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