Three key agreements

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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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Real Estate and Projects

Hammerson sells Senator House, London EC2, to Australian pension fund Challenger International for £86m. Hammerson advised by Nabarro Nathanson (James Madden). Challenger International advised by Herbert Smith (James Barnes). Bristol & West subsidiary Chase de Vere Investments agrees new 25-year lease for Eastcheap offices with landlord Taylor Woodrow Developments, with rent set at £55 per […]

Osborne Westphalen Alliance splits

The Osborne Westphalen Alliance (OWA) will cease to exist following a breakdown in relations between German firm Graf von Westphalen and Osborne Clarke. Talks were abandoned after the integration process slowed and Osborne Clarke made an offer to a number of partners in the Cologne office of Graf von Westphalen. Nine partners from Graf von […]

Letters

Quality should count The following is a personal view. The fact that the Lord Chancellor has yet again overlooked the employed bar when awarding QCs clearly hurts the credibility of what is a good quality mark. The employed bar provides quality advocacy in the written form like many top self-employed chancery barristers. For example, an […]

Weil Gotshal Frankfurt wins four partners

US firm Weil Gotshal & Manges‘ Frankfurt office has recruited one of Germany’s most prominent private equity rainmakers from German firm Beiten Burkhardt Mittl & Wegener. Gerhard Schmidt, who resigned from Beiten Burkhardt last Tuesday, will take fellow corporate partners Heiner Drüke, Stephan Grauke and Uwe Hartmann with him . Schmidt is one of the […]

It's hard to be humble

Eversheds’ new Manchester office is open and ready for business, and the firm is feeling just a little bit pleased with itself. Not only was the competition to find a name for the building a roaring success, with the inspired “Eversheds House” the victor, but the firm has decided to issue a guide on how […]

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