Dispute Resolution
Reynolds Porter Chamberlain (News)
VTB Capital plc is a bank incorporated and regulated in England but majority-owned by a Russian state bank...
White and Case LLP (News)
The Supreme Court last week issued its judgment in The Financial Services Authority v. Sinaloa Gold plc (and others) and Barclays Bank plc...
Financial Services Consumer Panel (FSCP) (News)
This is the Financial Services Consumer Panel’s response to the consultation on proposed changes to DISP 3: determination by the Ombudsman...
TLT LLP (News)
The case of McManus and Others v European Risk Insurance Co [2013] EWHC 18 (Ch) considered whether a professional indemnity insurer was correct to reject a blanket notification of 5000 claims under a claims-made policy and the level of detail reasonably required to constitute notification...
Herbert Smith Freehills LLP (News)
On 23 January 2013 in R (on the application of Prudential plc) v Special Commissioner of Income Tax [2013] UKSC 1 the Supreme Court confirmed by a majority of five to two that legal advice privilege cannot be claimed in respect of confidential communications between accountants and their clients for the purpose of requesting or providing legal advice, but can be claimed only where such communications are between qualified solicitors, barristers or foreign lawyers...
Herbert Smith Freehills LLP (News)
Herbert Smith Freehills collate insurance and reinsurance litigation bulletins each year into an Annual Review publication...
Herbert Smith Freehills LLP (News)
The High Court has decided that a party who accepts a FOS determination awarding them the statutory maximum award (now £150,000) can subsequently claim for damages above that amount through the courts...
CMS Cameron McKenna LLP (News)
On 1 April 2013 the rules governing the recovery of legal costs in civil litigation are going to be dramatically reformed as Lord Jackson’s proposals are implemented...
Clyde and Co LLP (News)
The UK courts have recently looked at clauses that introduce conciliatory procedures the parties must follow before arbitrating. These are increasingly common in insurance and reinsurance wordings, therefore the issues discussed should interest market practitioners...
European Commission (News)
Alternative dispute resolution helps consumers resolve disputes with traders when they have a problem with a product or service that they bought e.g. when a trader refuses to repair a product or to make a refund to which a consumer is entitled...
European Commission (News)
Commissioner for Health and Consumer Policy, Tonio Borg, welcomed the vote on Alternative Dispute Resolution and Online Dispute Resolution in the Internal Market and Consumers Committee...
Financial Services Authority (FSA) (News)
This Consultation Paper sets out the proposed scheme that the Financial Conduct Authority, the Prudential Regulation Authority and the Bank of England will follow when investigating complaints made against them. It has been prepared by the FSA in consultation with the Bank...
Herbert Smith Freehills LLP (News)
This is a guide to key legal developments in the coming months and years ahead (UK perspective). The developments include the changes to the Governance Code in relation to diversity on boards and the changes to the Stewardship Code, an item on the new pensions scheme rules, new planning rules, information on the review of communications legislation, details of the EU regulation on short selling and credit default swaps, changes to the sponsor regime, proposals on alternative dispute resolution, insurance contract law review, information on the new Basel III framework of global capital standards for banks and details of forthcoming employment law developments...
DAC Beachcroft LLP (News)
DAC Beachcroft's Commercial Litigation Digest focuses on events occurring within the banking, financial, city business and general regulatory sectors that give rise to or concern contentious matters, civil or regulatory...
Reynolds Porter Chamberlain (News)
In proceedings for a civil recovery order, the Serious Organised Crime Agency had obtained a property freezing order under section 245A of the Proceeds of Crime Act 2002, freezing the defendants’ assets and property in the United Kingdom and abroad...
European Insurance and Occupational Pensions Authority (EIOPA) (News)
The EIOPA published its first set of Guidelines with a view to establishing consistent, efficient and effective supervisory practices and ensuring common, uniform and consistent application of EU law...
European Commission (News)
Opinion 2012/C 181/17 of the European Economic and Social Committee on the ‘Proposal for a Directive of the European Parliament and of the Council on alternative dispute resolution for consumer disputes and amending Regulation (EC) No 2006/2004 and Directive 2009/22/EC (Directive on consumer ADR)’ COM(2011) 793 final - 2011/0373 (COD)...
Eversheds LLP (UK) (News)
Eversheds looks at the proposals following the Second Reading in the House of Commons of the Enterprise and Regulatory Reform Bill..
European Commission (News)
Opinion of the European Data Protection Supervisor on the legislative proposals on alternative and online dispute resolution for consumer disputes (2012/C 136/01)...
Shoosmiths (News)
In its response to a call for evidence issued by the Department for Business, Innovation and Skills the Office of Fair Trading has criticised the European Commission's proposals for Alternative Dispute Resolution...
Lending Standards Board (News)
This statement describes the respective roles and responsibilities of the FOS and the LSB...
Reynolds Porter Chamberlain (News)
One of the most dramatic court battles of the past couple of years, and certainly the most prolific in terms of rapid generation of judgments, is the set of proceedings between JSC BTA Bank and Mr Mukhtar Ablyazov and various of his associates and associated companies...
Financial Services Consumer Panel (FSCP) (News)
Speech by Mike Dailly at the BBA Complaints Seminar; Thursday, 15 March 2012, which sets out the Panel's views on the complaints process and the challenge for UK banks to focus on long-term customer relationships...
Mills and Reeve LLP (News)
Topics in this issue:
The French correction
When doubt and uncertainty creep in
The inequitable paradox
Points of interest
Live-long and "FOSper"
Cabbages and kings
Casenote
Financial Services Consumer Panel (FSCP) (News)
The FSCP recently responded to the call for evidence on Alternative Dispute Resolution (ADR)...
Financial Services Consumer Panel (FSCP) (News)
This is the Financial Services Consumer Panel’s response to the call for evidence on Alternative Dispute Resolution...
Department for Business, Innovation and Skills (News)
This Call for Evidence seeks views from UK stakeholders on recent proposals from the European Commission on consumer alternative dispute resolution...
Elborne Mitchell (News)
In what may prove to be an important decision, directors of an FSA-authorised firm have successfully taken the regulator to Court on an application for judicial review...
Baker and McKenzie (News)
The recent judgment in the case of ROK Plc v S Harrison Group Ltd provided useful guidance on the requirements for giving contractual notice of claims...
Herbert Smith Freehills LLP (News)
This publication contains information on the new unified courts and tribunals service and various tax changes including to the rate of corporation tax. It also covers the extensive employment law changes including the new paternity leave entitlement, repeal of the Land Agreements Exclusion Order, the new pensions tax regime and the future of UK GAAP. Looking ahead to 2012, new Insolvency Rules are proposed and primary legislation implementing the UK financial services regulatory architecture reforms will be enacted...
Baker and McKenzie (News)
On 4 February, the European Commission issued a consultation on collective redress for consumers, with a view to developing a European-wide approach to a procedure for collective actions...
Herbert Smith Freehills LLP (News)
2011 will herald some significant legislative changes, notably in relation to fraud and bribery, employment law, litigation and planning law. Following the general election in May 2010, changes have been taking shape. There has also been the radical reshaping of the financial services regulatory landscape in Europe and the UK...
