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The Court of Justice of the European Union (CJEU) has made a preliminary ruling in relation to the interpretation of Directive 93/13/EEC on Unfair Terms in Consumer Contracts (the Unfair Terms Directive).
Wright Hassall LLP
The fallout from the construction firm Carillion going into liquidation on 15 January continues to dominate the headlines in the business world.
In this case, the High Court considered whether valid service had been effected upon two defendants based outside of the jurisdiction who had shown no willingness to be involved in the proceedings.
In this case, the High Court considered: (1) whether the claimant (the Bank) was estopped from exercising its right to demand repayment and enforce security over the Defendants' assets ...
In June, the Court of Appeal handed down judgment in an appeal that considered whether section 3 of the Unfair Contract Terms Act 1977 (UCTA) can catch facility agreements ...
This claim was brought by the joint administrators of Olympia Securities Commercial Plc (the Company), a property developer. The dispute, however, was in reality between the two defendants.
Reed Smith (Worldwide)
On 11 December 2017, the Article 29 Working Party (Art 29 WP) published its draft guidance on transparency. The guidelines are open for consultation until 23 January 2018.
Shearman & Sterling LLP
On January 10, 2018, the Financial Conduct Authority published a "Dear CEO" letter that was sent to firms that offer contracts for difference products to retail customers on either an advisory or discretionary...
Shearman & Sterling LLP
On January 8, 2018, the U.K. Prudential Regulation Authority published a "Dear CFO" letter that was sent to the Chief Finance Officers of larger U.K.-headquartered credit institutions.
Brodies LLP
A recent judgement of the English High Court decided an important new point on what amounts to an exclusive patent licence.
Clyde & Co
The Disclosure Working Group is seeking views on the proposals in a consultation which is open until the end of February 2018.
TMF Group
A lack of knowledge of local regulations is the biggest challenge faced by global and in-country payroll professionals...
The Chartered Institute of Patent Attorneys (CIPA) last week launched its new video short "European Patent Work Unaffected By Brexit", highlighting that when it comes to patents...
Womble Bond Dickinson
The Payment Systems Regulator (PSR) has published a letter sent by it to the Chair of the Treasury Select Committee regarding the UK's ATM network
Brodies LLP
It is fair to say that the insolvency of Carillion has sent shockwaves through the construction industry. While this may be the catalyst for change ...
Mishcon de Reya
Offering binary options had, until recently, been regulated by the Gambling Commission - but only if the business offering binary options had remote gambling equipment located in Great Britain.
This claim related to investment advice allegedly given in breach of FCA rules. The claimants were a wealthy Kuwaiti family comprising a father and his three sons ...
This case concerned the claims of Mr Rocker (a successful businessman) against Full Circle Asset Management Limited (FCAM) ...
In October, the High Court held that the buyer of a portion of a loan facility was entitled to unwind its participation where the deadline for meeting a condition had expired.
BHL was successful in its claim against Leumi ABL Limited (Leumi) on the basis that Leumi had not been entitled to charge a collection fee of 15 per cent under a receivables finance ...
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The third UKCS Upstream Supply Chain Collaboration Survey, which forms the basis of this Review and Index, was conducted in September and October 2017.
Brodies LLP
Assessment centres are a way for you, as a candidate, to demonstrate that you have the skills required to be a successful trainee solicitor.
Brown Rudnick LLP
The UK Supreme Court has yesterday, by a majority of 8-3, dismissed the Government's appeal against the Divisional Court's judgment in November 2016 which held that the Government could not give notice...
Matthew Knowles, partner in the International Arbitration department, writes about how collaborative working is the key to strong and sustainable relationships between law firms and clients.
Monthly allocation of Tier 2 (General) Restricted Certificates of Sponsorship (RCoS) could be exhausted for the first time since 2015
On 7 September 2016, the Financial Conduct Authority and the Prudential Regulation Authority announced new whistleblowing rules for banks, building societies, credit unions and some investment and insurance firms, in response to public demand for greater banking accountability.
Rahman Ravelli Solicitors
Syedur Rahman and Nicola Sharp examine the merits of compliance committees and how improving your compliance measures can help you, even while you are under investigation, in global corruption cases.
Companies operating share plans globally need to keep up to date with the tax and legal issues around the world, so that they can remain compliant.
Bircham Dyson Bell LLP
When faced with a crisis organisations will often reach for the apparent solution of an inquiry to look at the problem
Pinsent Masons LLP
The consultation closes on 21 September 2017, and the FCA expects to publish its new rules early next year.
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