by Leela | 2020-01-21 | Industry News
In November 2019, the UK Jurisdiction Taskforce (the “UKJT”) of the LawTech Delivery Panel of the Law Society issued a legal statement (the “Legal Statement”) on the status of cryptoassets and smart contracts under English and Welsh private law (“English Law”). The...
by Leela | 2020-01-15 | Industry News
The Court of Appeal’s judgement in Ark Shipping Company LLC and Silverburn Shipping (IOM) Ltd (The “Arctic”) [2019] sets out clearly the factors that the English courts will take into account in ascertaining whether a term is a condition or an...
by Leela | 2020-01-08 | Our Thinking
From 10 January 2020 UK cryptoasset businesses carrying on activities within the scope of the UK ML Regulation will need to register with the FCA. Are you ready? Read our latest article for details on the regulatory changes, and what they might mean for your business....
by Leela | 2019-12-19 | Industry News
On 29 July 2019, the Supreme Court handed down its decision in Akçil and others v Koza Ltd and another [2019], which overturned the decision of the Court of Appeal [2017], with regard to the interpretation of the exclusive company law jurisdictional...
by Leela | 2019-12-13 | Our Thinking
The new UK Stewardship Code has been published and takes effect from 1 January 2020… Are you signing up? If so, make sure you know about the updated principles and your reporting obligations, which are covered in our latest article.
by Leela | 2019-12-13 | Our Thinking
After three years of negotiations, three rejections of the withdrawal agreement negotiated by Ms. Theresa May with the EU and one request to extend the negotiation period, the UK is somehow nowhere closer to agreeing the terms of its withdrawal from the EU. Approval...
by Leela | 2019-12-09 | Industry News
This case is yet another ruling of English courts on competing clauses, and reaffirms the importance of the jurisdiction choices made through standard documentation in financial and derivatives documentation. In October 2008, Trattamento Rifiuti Metropoliani SpA...
by Leela | 2019-12-03 | Industry News
SUMMARY The Task Force on Climate-related Financial Disclosures (“TCFD”) was established by the Financial Stability Board in December 2015 to develop a set of voluntary and consistent climate-related disclosure recommendations for use by organisations to provide...
by Leela | 2019-12-02 | Industry News
In reference to the case Harlequin Property (SVG) Ltd, (the Plaintiffs) vs O’Halloran (the “Defendant”) [2019] IESC 76, on 1 November 2019, the Supreme Court affirmed the High Court’s finding of fraudulent misrepresentation against the Defendant and dismissed his...
by Leela | 2019-11-28 | Industry News
On 18 November 2019, the UK Investment Association (the “IA”), a trade body representing investment and asset management firms in the UK, launched a final report (the “Report”) on the first industry-agreed responsible investment framework with the goal of bringing...
