: While Carter-Ruck revamps its image

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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 […]

Recommended

Woolf rules make their mark as courts usher in civil reforms

Landmark rulings in London and Bristol courts have marked the introduction of Lord Woolf’s civil justice reforms. In the Chancery Division of the High Court Mr Justice Neuberger refused, under the new equal footing rules, an application which would have stopped one side instructing a QC, while in Bristol County Court a judge declared a […]

Financings

Pinsent Curtis has advised US-listed engineering company Doncasters on a u185m refinancing deal. Doncasters acquired Triplex Lloyd for u194m and has refinanced the debt package for the acquisition. The team was led by corporate partner David Hughes and banking partner Stephen Miles.

Stephensons forges European alliance

Stephenson Harwood is forging a pan-European base as it reveals plans to merge with associated firms in Italy and France before seeking a German merger partner. The firm, known for its shipping practice with offices in far-flung locations, is now focusing on the Continent, The Lawyer can reveal. Chief executive John Pike says Stephensons plans […]

In brief: Norton Rose

Norton Rose is to spend £2.3m on global hardware and maintenance to be supplied by Unisys. The overhaul of its information technology systems will begin in May and should be completed by the end of September. It is replacing all computers with Dell machines and upgrading its systems, including information management. John Copley, head of […]

Theodores chief steps down over high workload

Theodore Goddard’s managing partner Peter Kavanagh has relinquished his position half way through his term because of the overwhelming workload. Kavanagh, who officially took over the post in May 1997, will return to his fee-earning role in the firm’s corporate group. Kavanagh says: “The basis on which I had agreed to take on the role […]

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