Work Life Quiz: Daniel Barnett, Outer Temple Chambers

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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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Schillings seals victory for Coogan in Mulcaire phone-hacking appeal

The Court of Appeal has today rejected an appeal by Glenn Mulcaire, the private investigator at the centre of the phone-hacking scandal, over a High Court order forcing him to disclose who instructed him. The Lord Chief Justice Lord Judge, Master of the Rolls Lord Neuberger, and the vice-president of the Court of Appeal Lord […]

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Australia’s Minter Ellison launches in Mongolia

Australian firm Minter Ellison is opening an office in Mongolia in a bid to capitalise on the country’s emerging resource-based economy. Hong Kong partner Elisabeth Ellis has relocated to Ulaanbaatar to become the office’s resident partner. She will be supported by the firm’s regional energy and resources group, as well as a team of local […]

Simon Bromwich
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Ashurst chief Bromwich to step down six months early

Ashurst managing partner Simon Bromwich is set to stand down in May and will take over the role of head of litigation. Bromwich, who has held the position of managing partner since 2004, will step down from the role at the end of the current financial year, six months before the end of his third […]

Highland Financial hits Orrick with $95m claim as RBS case continues

A US investment management company has launched a $95m lawsuit against Orrick Herrington & Sutcliffe in Dallas as it continues to defend UK litigation brought against it by RBS. Highland Financial Partners filed its complaint against Orrick in the Dallas District Court last week (25 January), alleging that the firm was negligent in the advice […]

Linklaters and SNR Denton lead on Petroplus administration

Linklaters and SNR Denton have picked up lead advisory roles on the administration of UK-based Petroplus Refining & Marketing. Both firms have been retained by PricewaterhouseCoopers (PwC) joint administrators Steven Pearson and Ian Green to advise on the administration. Corporate partner Chris Howard in leading the Linklaters team, with global restructuring and insolvency co-head Nigel […]

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