Retail and Foreign Banks

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Latest Briefings

Guernsey’s new ILS hybrid – getting even closer to the risk

Carey Olsen partner Christopher Anderson recently introduced the concept of a hybrid vehicle for use in the insurance-linked securities (ILS) industry. Here, he explains how and why he came up with the idea of the world’s first ILS hybrid. As is often said, the best ideas are always the simplest. That is reassuringly accurate for […]

Fracking, protestors and injunctions against ‘persons unknown’: Court of Appeal offers guidance amid controversial context

By David Manda, Ruth Ormrod In the recent case of Boyd v Ineos Upstream, a hotly anticipated appeal involving fracking protestors, the Court of Appeal has provided guidance on the highly topical subject of bringing injunctions against ‘persons unknown’.  Walker Morris’ specialist Real Estate Litigators David Manda and Ruth Ormrod explain and offer some practical advice.

Employment legislation update – May 2019

By David Smedley, Andrew Rayment, Shakeel Dad The last few months have seen many announcements in relation to changes expected in the employment law arena. With new information being received almost weekly, our legislation update sets out the changes in chronological order and highlights the headline points together with the proposed or confirmed implementation dates.

Case Law Update – May 2019

Nosworthy v Instinctif Partners Ltd UKEAT/0100/18 – ‘Bad leaver’ provision requiring forfeiture of shares and loan notes was not unlawful In this case, the Employment Appeal Tribunal (EAT) held that a bad leaver provision forcing an employee to give up her shareholding if she resigned was not an ‘unconscionable bargain’. Nor was it void as […]

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An Appeal Court ruling clarifies exposure to risk when dealing with letters of credit transactions, writes Roger Masefield. Roger Masefield is a tenant of Brick Court Chambers.

The decision of the Court of Appeal in Banco Santander v Banque Paribas is important for those involved in letter of credit transactions. The case concerned the shipment of oil from Kazakhstan CIF Porvoo, Finland. The sale was to be by an English firm, Bayfern, to Napa Petroleum – at an agreed price of about […]

BBC loses head of IP after shake-up announcement

A BBC management shake-up has led to the departure of the broadcaster’s head of the intellectual property and litigation department. Fred Croft, who was also responsible for commercial, programme and regulatory legal matters, says that the recently announced internal reorganisation at London’s Television Centre acted as a catalyst in his decision to leave the BBC […]

Richard Gerstein

Finers Stephens Innocent managing partner Richard Gerstein has given up the helm to go back to fee earning. Clair Smith talks to the litigation lawyer who will not miss the burden of management Being a managing partner does not always come with all the perks that people might expect. “I always thought that managing partners […]

Bernstein bags rival's managing partner

Alan Schulman, the head of Milberg Weiss Bershad Hynes & Lerach’s three West Coast offices for the past five years, has defected to Bernstein Litowitz and set up shop in San Diego. A member of Milberg Weiss’s executive committee for the last ten years, Schulman says Bernstein’s success in gaining institutional investors as clients was […]

McGrigors expands employment group

McGrigor Donald has poached Wright Johnston & MacKenzie’s Stuart Neilson to become a partner in the firm’s expanding employment unit. Neilson, who is now based in McGrigor Donald’s Glasgow office, specialises in all aspects of employment law. He has over 10 years experience in employment law, advising on dismissals, TUPE, reorganisation, change management and discrimination. […]

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