Paul Hastings lawyer suspended over insider dealing claims

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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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Sonnenschein takes half of Thacher Proffitt

Sonnenschein Nath & Rosenthal has hired more than half the lawyers of troubled firm Thacher Proffitt & Wood, including its managing partner. The US firm secured 100 of Thacher Proffitt’s 195 lawyers including 40 partners and managing partner Paul Tvetenstrand yesterday (21 December). The hires bring the total number of lawyers at Sonnenschein to 800. […]

Clifford Chance revamps management committees

Clifford Chance has handed Amsterdam managing partner Jan ter Haar a place on its management committee. Clifford Chance revamps management committees” />Clifford Chance has handed Amsterdam managing partner Jan ter Haar (pictured) a place on its management committee with his two-year term due to begin on 1 January. Ter Harr will take responsibility for Western […]

DLA swallows Milan property boutique

DLA Piper has bolstered its Milan real estate practice through a merger with boutique firm Apollo & Associati. The four-lawyer group, including founding partner Davide Apollo, will join DLA Piper at the start of the year. One associate will be joining DLA Piper as a partner, boosting the Italian real estate practice to five partners […]

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Crunch time at DLA

It had always seemed likely that DLA Piper, the world’s largest law firm by number of lawyers, would have to make some redundancies as the recession loomed. But despite a steady stream of rumours, the firm consistently denied it was looking at redundancies and accused those claiming the contrary of spreading “malicious” gossip. When the […]

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Leeds’ Lupton Fawcett takes over Fox Hayes

Leeds’ Lupton Fawcett is to acquire the entire commercial and private client business of local rival Fox Hayes, as it seeks to more than triple in size in three years. Lupton Fawcett takes over Fox Hayes” />Leeds firm Lupton Fawcett is to acquire the entire commercial and private client business of local rival Fox Hayes, […]

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