Shoosmiths scoops Abbey National on joint venture

Midlands firm Shoosmiths has scored a major coup by securing corporate work for Abbey National

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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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Beachcrofts handed NHS Trust work

Beachcroft Wansbroughs has won a new contract for employment work for one of the largest hospital trusts in Central England The firm has been appointed to provide legal advice on all employment issues for University Hospitals Coventry and Warwickshire Trust, with the exception of work forming part of the trust’s PFI project.The appointment, which becomes […]

Ashursts restructures P&H for MBO

Ashurst Morris Crisp has advised Palmer Harvey McLane (P&H) on various restructuring proposals, which culminated in a management buyout (MBO) offer with Ashursts acting for the management.P&H is the UK’s largest delivery wholesaler, with a turnover in excess of £3bn. The company started out in tobacco wholesaling, but has diversified across food and alcohol, supplying […]

Insurance

What do you call a US firm with one of the largest London offices among its US peers and an ambition to take on UK firms at their own game? For once, the answer is not Shearman & Sterling. I am talking about LeBoeuf Lamb Greene & MacRae, a firm with US attitude and UK […]

READ HIND STEWART

With a potential merger on the cards, Read Hind is setting its sights on the big time Read Hind Stewart, the firm in talks with Manchester practice Cobbetts, is one of the smaller firms operating in the Leeds market. With 17 partners, its turnover last year was just £4.4m. However, it is handling some transactions […]

Separated at birth

Tulkinghorn has got himself in a bit of a lather about this week’s two separated at birth, as it seems two of The Lawyer’s favourite lawyers have secret lives featuring in two of the nation’s favourite soaps.First, there is the astonishing revelation that EastEnders’ Carol Jackson, mother to Walford’s most dysfunctional family, is not under […]

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