News & Insights

The Supreme Court of Ireland affirms High Court’s finding of fraudulent misrepresentation in Harlequin case

by Leela|2 December 2019|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 appeal. BACKGROUND In May 2008, the Plaintiffs, entered into a contract with a group of companies […]

The UK Investment Association launches a final report on responsible investment

by Leela|28 November 2019|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 clarity and consistency to investors regarding the products and opportunities available to them. The IA […]

First shareholder class action in England and Wales is dismissed

by Leela|19 November 2019|Industry News

SUMMARY On 15 November 2019, the first judgement on a shareholder class action in England and Wales was delivered, dismissing a claim brought by a group of Lloyds shareholders against Lloyds TSB plc (“Lloyds”) and five of its former directors relating to an acquisition of HBOS plc (“HBOS”) in 2008. Sharp v Blank [2019] EWHC […]

UK: Emma Cleveland announced as a finalist in the British Legal Awards 2019

by Leela|11 November 2019|Awards

We are excited to announce that our MD, Emma Cleveland has been listed as a finalist in the Women in Law – Wider Industry category of the The Legal Week British Legal Awards 2019. For more information on the award and the list of finalists, please click here.

Brexit update: FCA extends deadline; EU Commission clarifies equivalence decision; Czech Republic and Malta approve no deal laws

by Leela|11 November 2019|Our Thinking

With the EU granting the UK another flexible extension of the negotiation period around the UKs withdrawal from the EU until the 31 January 2020 and a general election on 12 December 2019, the situation remains uncertain with a no deal Brexit remaining a possibility. It therefore makes sense to continue to monitor the current status […]

UK: Emma Cleveland shortlisted in the British Legal Week Awards 2019

by Leela|1 October 2019|Awards

Huge congratulations to our Managing Director, Emma Cleveland, for being shortlisted in the 2019 British Legal Awards hosted by Legal Week, amongst such a fantastic group of women in the category for Women in Law Award – Wider Industry! The British Legal Awards are the leading awards for the UK’s business law community and highlight the […]

Thomas Cook’s collapse: a legal case analysis about compulsory liquidation

by Leela|27 September 2019|Industry News

On 23 September 2019, the Thomas Cook Group plc (“Thomas Cook”), a world-renowned holding travel group, consisting of nineteen companies, entered insolvency as it was approaching the end of its cash flows and therefore unable to pay its liabilities. As a result, the high court issued an order for the group to be compulsorily liquidated. […]

Key updates to the new Prospectus Regulation

by Leela|9 September 2019|Industry News

The new Prospectus Regulation (EU) 2017/1129 came into effect on 21 July 2019 (the “Prospectus Regulation”) which repealed and replaced the current Prospectus Directive 2003/71/EC (the “Prospectus Directive”). As a result, new prospectuses approved after 21 July 2019, must follow the new regulations and structures of the Prospectus Directive. THE REGIME The […]

Emma Cleveland quoted in an article by Ignites Europe talking about increasing regulatory data costs

by Leela|28 August 2019|Industry News

Our Managing Director was recently quoted in an article, “Asset managers face mounting regulatory data costs” by Ignites Europe talking about exponential data costs coupled with the number of licences firms need resulting in increasing costs per year as well as the latest ESMA consultation paper looking into the issue! Check out the article on https://igniteseurope.com

Brexit update: No deal preparations – Ireland and Italy clarify no deal laws

by Leela|20 August 2019|Industry News

Following on from our Brexit series which focused on the updated no deal measures in the United Kingdom (“UK”) and in the European Union (‘EU”), this article focuses on the updated no deal measures in Italy and Ireland. In light of how quickly the developments surrounding Brexit evolve, preparations for a no deal Brexit […]