Related briefings

Welcome protection for consumers of certain cryptoasset investments

By Gurprit Mattu The Financial Conduct Authority (‘FCA”) published its final rules for the banning of derivatives and Exchange Traded Notes (“ETN’s”) that reference unregulated transferable cryptoassets, such as Bitcoin, Ether, Litecoin, and Ripple. The rules apply to firms who are operating from or in the United Kingdom. The ban comes into effect on 6 […]

Planning conditions and access routes – DB Symmetry v Swindon BC

By Richard Humphreys QC Richard Humphreys QC (instructed by Jones Day) represented DB Symmetry Ltd (the appellant). The dispute was as to whether a planning condition required the developer to dedicate access roads as public highways or whether it merely regulated the physical attributes of the roads. The Court of Appeal held, allowing the appeal from […]

Court of Appeal gives judgment on the long residence rule

By Manjit S Gill QC, Edward Nicholson Do past or present periods of overstaying mean that a person who has otherwise remained continuously in the UK with leave for 10 years cannot qualify for indefinite leave to remain (ILR) under the Long Residence Rule in paragraph 276B of the Immigration Rules? This question is considered […]

Green light for mortgage repossessions

By Gurprit Mattu On 31 October 2020, the government ban on repossession hearings comes to an end. Lenders may commence or continue with repossession proceedings if appropriate. When is it appropriate? The Financial Conduct Authority (“FCA”) published further guidance on Mortgages and Coronavirus [1] which applies from 16 September 2020. It sets out that firms must continue to […]

Court dismisses challenge to decision granting planning permission for relocation of works at nuclear power station within AONB

By Leanne Buckley-Thomson Introduction Judgment in the case of Girling v East Suffolk Council [2020] 9 WLUK 348 was delivered on 1st October 2020 and it’s certainly one to add to your personal planning case book. The Claimant sought judicial review of the Council’s decision to grant planning permission for replacement facilities in respect of what is […]

Latest Briefings

The sustainability of green financing

Maples Group acted for Xiaomi Corporation in connection with Xiaomi’s offering of US$800,000,000 2.875% Senior Bonds Due 2031 and US$400,000,000 4.100% Senior Green Bonds Due 2051 issued by Xiaomi Best Time International Limited, incorporated in Hong Kong and unconditionally and irrevocably guaranteed by Xiaomi Corporation, a company controlled through weighted voting rights and incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange. The green bonds offering marked Xiaomi’s initial foray into the world of green financing and more broadly Environmental, Social and Governance (ESG). The proceeds of the green bonds are earmarked for ‘Eligible Projects’ within Xiaomi’s finance framework aimed at positive environmental and social benefits. Their framework follows the green bonds and loan guidelines of the International Capital Markets Association.

Guernsey consolidates economic substance and extends it to partnerships

Guernsey has brought partnerships into scope of economic substance requirements for accounting periods commencing on or after 1 January 2022, although partnerships formed on or after 1 July 2021 will be in scope immediately on formation where they conduct activities that trigger the economic substance requirements.

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supreme court

Revealed: The top appeals of 2020

It isn’t just the High Courts that are set for a busy year, with both the Court of Appeal and Supreme Court set to hear a range of cases, involving the likes of the Iranian Ministry of Defence, Secretary of State for the Home Department, Sports Direct and Mastercard. There’s plenty of work to go […]

shard london

Norton Rose Fulbright picks new EMEA chief ahead of CEO race

Norton Rose Fulbright has appointed a new EMEA managing partner, with its antitrust head winning the firm’s election process. Peter Scott will take on the role starting April 2020 and succeeds Martin Scott, who has been in charge since 2015. Peter Scott is a born-and-bred Norton Rose lawyer. He has been global head of antitrust […]

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Mayer Brown hires White & Case projects duo

White & Case has lost a partner from its energy practice to Mayer Brown, as the latter focuses on building up its capabilities in projects and infrastructure. Kirsti Massie is making the move to Mayer Brown after over a decade at White & Case. She was promoted in 2011 having worked at the firm as […]

Australian flag

Clydes expands Down Under with partner trio from Norton Rose Fulbright

Clyde & Co has snagged three partners from Norton Rose Fulbright, as the firm bulks up in Melbourne. Nicole Wearne, Ganga Narayanan and Mark Attard have joined Clydes from Norton Rose, expanding the firm’s contentious and non-contentious insurance work. Wearne acts for local and overseas insurers in professional indemnity, class action defence and management liability. […]

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