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Legal update

29 August 2019 Legal and regulatory monthly update - September 2019

The latest update covering delegated authority, insurance product development, the senior insurance managers regime, data protection, operational control frameworks, Lloyds market, and horizon scanning.

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Legal update

25 July 2019 The disappearance of LIBOR

Companies should undertake a comprehensive review and audit to identify those products and legacy contracts that are LIBOR-linked and carry out an in-depth risk assessment of discontinuation. Where possible, companies should look at appointing an individual to oversee the programme.

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Legal update

8 February 2019 Manchester Building Society v Grant Thornton UK LLP - the 'SAAMCo' principle

The Court of Appeal has set out six steps to be considered when applying the ‘SAAMCo’ scope of duty principle in auditors’ negligence cases.

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Legal update

4 February 2019 W&I insurance and sell-side due diligence

The purpose of this note is to highlight the difficulties with vendor due diligence in the context of W&I insurance.

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Legal update

31 January 2019 Insurance annual review 2018-2019

Our annual insurance review includes the key developments of 2018 and the important issues on the horizon.

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Legal update

11 December 2018 Disclosure and procurement: confidentiality does not automatically preclude disclosure

A recent decision in the Technology and Construction Court has ruled that even documents considered by one of the parties to be confidential can become disclosable in a procurement challenge, emphasising the importance of implementing confidentiality rings from an early stage to protect sensitive commercial information.

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Legal update

11 December 2018 E-technology: work smarter, not harder

Despite the Jackson reforms attempting to persuade parties to move away from standard disclosure and utilise the menu of options available, reducing the consequential costs of disclosure, there has still been a reluctance to depart from that procedure and make use of the alternative disclosure options available.

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Legal update

1 November 2018 English Commercial Court considers scope of U.S. sanctions exclusion clause

In the context of sanctions and heightened tensions in the Middle East and Russia, the recent Mamancochet judgment is important and will be of interest to insurers who insure businesses that are exposed to risks in these markets.

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Legal update

9 October 2018 Watershed defeat on privilege for the Serious Fraud Office in ENRC case - what does this mean for your business?

Last year’s judgment of the High Court in Director of the Serious Fraud Office v Eurasian Natural Resources Corporation created huge anxiety within the business community and its lawyers.

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Legal update

18 September 2018 Privilege revisited: Court of Appeal judgment in Serious Fraud Office (SFO) v Eurasian Natural Resources Corp. Ltd

On Wednesday 6 September, one of the most awaited court judgments in recent times was handed down by the Court of Appeal.

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