Retail and Foreign Banks

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Latest Briefings

Fund finance market: How can lenders protect themselves?

By Alistair Russell, Richard Munden, Ardil Salem Although the fund finance market has historically been, and continues to be, a particularly low-risk one for lenders, recent events have led some to consider a rather rare and unlikely scenario: what if a fund simply releases or waives the commitments of its investors without lender consent? A credit agreement will […]

Five key employment cases: 2018

By Antonia Blackwell As we enter the festive period and the start of a new year, we take a look back on some of the most notable cases of 2018. Employer’s liability A managing director’s assault on an employee was held to be “in the course of employment” by the Court of Appeal, and therefore […]

Fraudsters are entitled to make use of the law of adverse possession

By Nick Shepherd, Lucy Shepherd The Court of Appeal has held that the law of adverse possession can be used to obtain ownership of a property even if the possession came about due to previous fraudulent activity. Background The case of Rashid v Nasrullah involved two people named Mohammed Rashid, whom the court for convenience termed MR1 […]

Ontario postpones retail cannabis licence applications at the eleventh hour

By Lewis Retik, William Bjornsson At 7:30 p.m. on the evening of December 13, effectively one business day before the application portal for Ontario retail cannabis licences was scheduled to open, the Ontario government announced that it will postpone its acceptance of cannabis retail licence applications. The move was announced as a response to continued […]

Brexit and the protection of geographical indications for food and drink

By Ravi Randhawa In this article we review the potentially complex and disruptive implications of both a ‘deal’ and ‘no deal’ Brexit for UK and EU producers of GI-protected products given the current huge economic benefit (and cultural value) for the UK with over £5 billion gained in annual exports of GI-protected products. INTRODUCTION TO GEOGRAPHICAL […]

Recommended

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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