Jul 14, 2023 UK Supreme Court rejects extension of Quincecare duty and clarifies its juridical basis By Anthea Bowater Sarah Robinson Christine Simpson Nicole Looi +1 more... Show less In the important judgment in Philipp v Barclays Bank plc handed down this week, the UK Supreme Court has rejected the extension of a...
May 02, 2023 Lord Sumption delivers Judgment on the Quincecare duty By Sarah Robinson Christine Simpson Laila Pourdad Lord Sumption recently delivered the lead judgment in proceedings before the Hong Kong Court of Final Appeal (CFA) which concerned the...
Jan 18, 2022 What to expect from US enforcement agencies in 2022 By Eric Bruce Daniel Cendan Aaron Marcu Olivia Radin Adam Siegel Kimberly Zelnick +3 more... Show less In recent months, public statements by the Biden administration and senior officials from US enforcement agencies attest to a renewed...
Dec 21, 2021 Landmark FCA criminal conviction under the MLR 2007 against NatWest By Christopher Robinson Ali Sallaway Eloise Cartwright On 13 December 2021 NatWest was fined £264 million for breaches of the Money Laundering Regulations 2007 (MLR 2007). NatWest had...
Aug 18, 2021 Gatekeeping revisited: First antitrust class action certification decision following UK Supreme Court judgment in Merricks By Ricky Versteeg The UK Competition Appeal Tribunal has today handed down its first class certification judgment following last year’s UK Supreme Court...
Jun 22, 2021 DB transfer advice - more complaints on the horizon? By Andrew Murphy Lauren Jackson Amy Rentell In 2019, the UK's FCA commissioned an in-depth review into defined benefit (DB) pension transfer advice. Since that time, there has been...
May 24, 2021 WorkLife 2.0: Are pensions class actions on the horizon? By Andrew Murphy Amy Rentell In recent blog posts, we predicted that the year ahead would see an increase in group workforce litigation. The most obvious topics that...
May 14, 2021 Do not interfere! : the High Court of England & Wales restates the (very limited) circumstances for challenging an on-demand bond call By Robert Colvin Jamie Calvy Kate Gough Daisy Wootten +1 more... Show less An “on demand” bond imposes a primary obligation on the issuer (usually a bank) to pay when the beneficiary makes a compliant written...
Apr 22, 2021 Davis v Lloyds: the closure of the final Court route to challenge the conduct of banks’ IRHP FCA reviews? By Lucy Clark The Court of Appeal has now closed another potential avenue for Interest Rate Hedging Product (IRHP) customers seeking to challenge the...
Apr 20, 2021 Pension scheme trustees seek judicial review of RPI changes By Charles Magoffin Tharusha Rajapakse Amy Rentell Trustees of some of the UK’s largest defined benefit (DB) pension schemes – BT, Ford and Marks and Spencer (M&S) – are seeking a judicial...
Dec 11, 2020 UK Supreme Court gives important judgment on “opt-out” competition class actions By Ricky Versteeg The Supreme Court has today handed down an important decision on the ‘class certification’ procedure under the regime for opt-out...
Aug 27, 2020 Jurisdiction upheld in Portigon AG v Kingdom of Spain: project finance lenders are afforded investment treaty protection By Carsten Wendler Gregorio Pettazzi On 20 August 2020, the ICSID arbitration tribunal in Portigon AG v Kingdom of Spain rendered a ground-breaking decision that opens the...