Related briefings

The Financial Conduct Authority v Arch Insurance (UK) Limited & Others [2020] EWHC 2448 (Comm)

Judgment in the landmark business interruption insurance test case has been handed down by a first instance court consisting of Flaux LJ and Butcher J. The case was brought by the Financial Conduct Authority as a test case to determine issues of principle in relation to policy coverage under various specimen wordings underwritten by eight defendant insurers in respect of business interruption claims by policyholders arising out of the COVID-19 pandemic and the advice of and restrictions imposed by the UK government in consequence.

Blockchain: Legal and Regulatory Guidance

A report providing legal and regulatory guidance on distributed ledger technology (DLT) has been published by The Law Society, working in conjunction with the Tech London Advocates’ Blockchain Legal and Regulatory Group

Recent Commercial Court decision highlights the importance of strict compliance with claim notification provisions in share and business sale and purchase agreements

In a recently delivered decision, Dodika Limited & Others v. United Luck Group Holdings Limited [2020] EWHC 2101 (Comm), Mr Peter MacDonald Eggers QC (sitting as a Deputy Judge of the Commercial Court) has ruled that a notice of claim under a tax covenant contained in a share sale and purchase agreement (SPA) failed to comply with the requirements of the claim notification provisions in the SPA. As a result, a sum of USD 50 million held in escrow was liable to be released to the SPA sellers.

Latest Briefings

How pro bono is making me a better lawyer

There are many opportunities to get involved with pro bono and several reasons why it is a good idea to do so. Verity discusses the pro bono opportunities she has been involved in and how they have strengthened her ability as a trainee solicitor.

To the point: technology & digitalisation l August 2020

Welcome to the August edition of Schoenherr’s to the point: technology & digitalisation newsletter! We are excited to present a selection of legal developments in the area of technology & digitalisation in the wider CEE region.

GC roundtable: How to communicate with impact in a virtual world

As most of us are still working from home, we are communicating virtually for long periods every day, with diverse groups of people from different cultures, forums and time zones. We are continuing our usual work tasks and commitments, but now having to deliver meetings and presentations as well as communicate a host of difficult messages.

Recommended

Mark Shaw

Wildgen opens first international office with London launch

Benelux firm Wildgen has opened its first overseas office with the hire of former hedge fund in-house lawyer Mark Shaw to head up its UK operations. The firm has set up a small one-partner office in Mayfair, though will look to move into space in the City once it begins to expand. Speaking to The Lawyer, […]

A&O

A&O lures back partner after two-year Cleary stint

Allen & Overy (A&O) has rehired its former head of non-contentious financial services regulation, two years after he left the magic circle firm for Cleary Gottlieb Steen & Hamilton. Bob Penn spent nearly a decade in the A&O partnership and was a member of its financial services regulation team before leaving to join the US firm in September […]

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