The Paradigm of Employment Law

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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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Daily Mail publisher splits legal function following departure of legal director

The internal legal team at Associated Newspapers have been split into two groups, focusing on commercial and editorial respectively. The newspaper group has made the changes in the wake of group legal director Harvey Kass’s departure last year (22 November 2012). Kass oversaw the entire operation as head of legal for 17 years, but Associated […]

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Ten-lawyer funds team defects from Walkers to Maples

Maples and Calder has raided offshore rival Walkers for a 10-strong investment funds team that includes seven partners. Cayman-based partners Julian Ashworth, Heidi De Vries, Sheryl Dean, David Marshall, Philip Millward and Gwyneth Rees, as well as British Virgin Islands-based Tim Clipstone are set to join Maples soon. Senior associates Philip Dickinson, Patrick Head and […]

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Cobbetts managing partner to step down from top job

Cobbetts managing partner Michael Shaw has announced that he is stepping down after 16 years in the role. Shaw will not seek re-election when his current term comes to an end later this year, but will instead become a consultant to the firm and a new managing partner will be elected. In a statement, Shaw […]

Fiona Shackleton
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Shackleton faces negligence claim from former client

Payne Hicks Beach is being sued by a client who claims a mistake by Britain’s highest-profile divorce lawyer Fiona Shackleton cost him £250,000. According to papers filed at the High Court, banker Christopher Smith paid Baroness Shackleton, a partner at the firm, more than £95,000 for legal advice regarding his obligation to pay child support. […]

Tulkinghorn: Beyond the boundary

Not wanting to pour yet more pain on the head of Hogans, but it is notable that one of the most read – and commented on – stories on TheLawyer.com in recent weeks has been the move of investment bank dispute resolution chief Graham Huntley to launch a boutique litigation firm. Reaction has been mixed, […]

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