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Advertising Regulatory Board - Friend or Foe (Judgement)

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Court rules against Colgate-Palmolive and the Advertising Regulatory Board,...

You may have seen our article, Advertising Regulatory Board – Friend or Foe, summarizing this case on 17 May 2021, where we indicated that judgement was still awaited. Judge Deni...

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Lawbite: Regis Salons CVA gets the chop!

  Carraway Guildford (Nominee A) Ltd & others v. Regis UK Ltd - [2021] EWHC 1294 (Ch) This challenge brought by landlords to the Regis CVA (on grounds of unfair prejudice and/or material...

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Lawbite: More Pain for Landlords as High Court Sanctions Virgin Active’s...

Virgin Active Holdings Limited and Others, Re [2021] EWHC 1246 (Ch) The High Court has sanctioned the restructuring plans of three Virgin Active Group companies (“the Plan Companies”) despite the...

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Podcast: Corporate reorganizations series

Episode 1 In our new series of podcasts focusing on corporate reorganizations, we discuss how reorganizations differ in the Financial Services (FS) sector, how Brexit has triggered many...

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Foreign Direct Investment Screening Expanded and Amended

On 27 April 2021, the German Federal Government has enacted an ordinance to amend the Foreign Trade Ordinance (Außenwirtschaftsverordnung, AWV) and thereby to expand the regime for foreign direct...

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Post-Brexit cross-border Channel Tunnel rail services – An update on the...

The Channel Tunnel “fixed link” infrastructure is of key importance to the successful and efficient movement of passengers and goods between the UK and EU. Ensuring the long-term continuation of the...

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Stamp duty increase on bulk purchases of homes

The Oireachtas (the Irish Legislature) voted on 19 May 2021 in favour of the introduction of new stamp duty measures which, together with new planning measures announced recently by the Minister for...

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‘Delay in Start Up’ Insurance

What is ‘Delay in Start Up’ insurance?‘Delay in Start Up’ insurance (commonly known as ‘DSU’ insurance or Advanced Loss of Profit insurance) provides an indemnity against financial loss incurred...

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FCA feedback statement on liquidity mismatch and open-ended property funds

  FCA feedback statement FS21/8 “Feedback to consultation paper on liquidity mismatch in authorised open-ended property funds”, considers the responses to FCA consultation paper CP20/15 “Liquidity...

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Biometrics in Financial Services Webinar - 20 May 2021

Eversheds Sutherland hosted the first webinar in a two-part series discussing the use of biometrics in the financial services industry. This discussion was chaired by Nasser ali Khasawneh, Co-head of...

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The Charity Commission continues consultation on its revised responsible...

The Charity Commission (“Commission”) recently confirmed that it would continue with its consultation seeking views on the clarity of its draft revised guidance for charity trustees in respect of...

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Hydrogen / battery powered freight trains: on track to help decarbonise rail...

With governments around the world placing an increasing level of importance on the decarbonisation of their transportation systems (for instance, as reflected in the suggestions put forward by the UK...

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“But for” Causation Again – Proof of Inducement in Non-Disclosure Cases -...

  Introduction The recent Court of Appeal case of Zurich Insurance Plc v Niramax Group Limited [2021] EWCA Civ 590 confirmed that an insurer cannot rely on the “but for” test alone to establish that it...

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With(out) Prejudice

What is the purpose of marking correspondence “without prejudice”? The general position is that without prejudice correspondence is inadmissible in court. The term “without prejudice” means without...

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Steady as she goes: the Pensions Regulator’s 2021 annual funding statement

  The Pensions Regulator recently published its annual funding statement for 2021 (the Statement). The main themes are familiar but there are some interesting insights into the Regulator’s thinking on...

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Performance of Decision-Making Functions by Quasi-Judicial Bodies –...

On 6 April 2021, a seven-judge panel of the Supreme Court gave judgment in Zalewski v An Adjudication Officer, The Workplace Relations Commission and Others1. The focus of this article is the majority...

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Executive pay: how big is your bonus?

  Introduction: executive pay Executive pay is no longer a discreetly guarded secret subject to little or no external inquiry. Rather, it is now intensely scrutinised from the point of inception by a...

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Consumer Connected Devices - Is Greater Online Security Needed for Consumer...

On 21st April the UK government released its response to a call for views on consumer connected product cyber security legislation. As part of the UK government’s broader work on improving online...

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Clarity on regulatory notifications regarding senior manager long-term absences

The PRA has published final rules on temporary long-term absences of senior managers following a joint consultation with the FCA last year. The regulators had received feedback that previous rules and...

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