Lovells makes Freshfields hire

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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

Weil misses starring role on WestLB’s Odeon sale

German bank WestLB has ignored Weil Gosthal & Manges on the disposal of the Odeon cinema chain, switching back to long-term adviser Allen & Overy (A&O), which has now accepted instructions on both the buy and sell sides of this transaction. Weil Gotshal corporate partner Mike Francies was brought in last spring by the head […]

Leader

My, my. The timing couldn’t have been better. A week after Barry O’Brien’s team at Freshfields Bruckhaus Deringer was thrown off the M&S bid, Law Society president Peter Williamson was giving delegates at The St Paul risk management conference an insight into the way the new conflicts rules were shaping up. And it looks like […]

Jenner & Block merges with IP boutique

Chicago-based law firm Jenner & Block has merged with IP litigation boutique Roper & Quigg. Roper & Quigg’s founding partner Harry Roper will lead Jenner & Block’s IP and technology team. Seven other lawyers will join Jenner as partners, two as of counsel and there are nine associates moving to Jenner. Former assistant secretary of […]

A&O reinstates book debt ruling in NatWest victory

Allen & Overy (A&O) has won a landmark Court of Appeal case for National Westminster Bank (NatWest), finally overturning a 2001 Privy Council ruling in the Brumark Investments case which restricted banks’ access to the book debts of insolvent companies. On 26 May the court unanimously overturned a decision made by Vice-Chancellor Sir Andrew Morritt […]

Client training: the net solution

Joe Glavina and Damian Griffiths report on the changes wrought by the electronic information age on legal training for clients Legal training for clients used to be basic, while the service offered by many legal advisers was also unsophisticated. But in the past 10-15 years, clients’ training expectations have grown. The pace of the commercial […]

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