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Competition Appeal Tribunal grants first opt-out Collective Proceedings Order

Walter Hugh Merricks CBE v Mastercard Incorporated and others [2021] CAT 28 Background With effect from 1 October 2015, the Consumer Rights Act 2015 (the "Act") introduced changes to the group actions...

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Competition Appeal Tribunal grants first opt-out Collective Proceedings Order

Walter Hugh Merricks CBE v Mastercard Incorporated and others [2021] CAT 28 Background With effect from 1 October 2015, the Consumer Rights Act 2015 (the "Act") introduced changes to the group actions...

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OFSI exercises powers to enforce sanctions compliance on fintech company

  Introduction The Office of Financial Sanctions Implementation (“OFSI”) has issued a monetary penalty of £50,000 against fintech company TransferGo Limited (“

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Access to the premises: only vaccinated employees?

Leaseplan announced last week that it will only allow employees to enter its premises if they have been vaccinated. This is not the same as a vaccination requirement, because employers cannot mandate...

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Approval of the Companies (Corporate Enforcement Authority) Bill 2021. What...

The Government has approved the Companies (Corporate Enforcement Authority) Bill 2021 (the “Bill”) which proposes to put in place new legislation providing for the establishment of the Corporate...

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ICO’s ‘Children’s Code’ applies from today – what you need to know

  What do you need to know? The Information Commissioner’s Office (“ICO”) ‘Age Appropriate Design Code’ applies from 2 September 2021. The code comprises a set of standards for designing and prov...

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Real Estate Transfers in Poland, Slovakia and the Czech Republic

Checklist and Invitation to our webinar Do you consider acquiring or selling real estate in Poland, Czech Republic or Slovakia? And do you know the tax rate, how long the registration may last, or...

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Uzbekistan: JSC National Electric Grid of Uzbekistan has announced three new...

With IFC Advisory’s support, JSC National Electric Grid of Uzbekistan (the “Public Partner”) intends to invite private sector developers to compete for the right to develop, finance, construct,...

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When misconduct outside the workplace becomes an issue of personal integrity

Non-financial misconduct has been a regulatory priority for some time and a recent Upper Tribunal has for the first time addressed whether the FCA was entitled to seek a prohibition order against an...

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High Court refuses to grant injunction to bar claims against solicitors as...

AA v BB [2021] EWHC 1833 (Ch) Facts of the case This briefing concerns an application by the first defendant (“D”), who was the subject of a worldwide freezing order (“WFO”) and proprieta...

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DTEK and international recognition of the scheme of arrangement in the...

Alex Rogan features in the August 2021 issue of Corporate Rescue and Insolvency

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Fit for 55 – Take 5!

This Summer, the European Commission (the “Commission”) launched its “Fit for 55” package (“Fit for 55”), a series of legislative and policy initiatives designed to reduce EU greenhouse gas emissions...

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Restrictions in favour of a trustee in bankruptcy - Updated Land Registry...

The Land Registry have issued an updated “Practice Guide 34: personal insolvency”.  In summary, a new paragraph 5.2.1 has been inserted, which provides that a trustee in bankruptcy cannot apply for a...

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Het nieuwe werken: thuis en/of op kantoor

Veel werkgevers zijn voornemens in de toekomst de voordelen van thuiswerken en werken op kantoor te combineren in hybride werkvormen. Nu op dat moment geen sprake meer zal zijn van een tijdelijke...

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Immigration round-up: September 2021

Welcome to our regular immigration round-up, providing a helpful summary of what's new and in the p...

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Legal Compass: Latest developments on direct foreign investment controls in...

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Update on notifiable events and other new Regulator powers in Pension...

  New Pensions Regulator powers: an overview The Pension Schemes Act 2021 provides the Pensions Regulator with increased powers in relation to corporate activity. This is a key theme of the Act in...

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ES Sanctions Developments - Monthly Round-Up (August 2021)

FCA reminder regarding Afghanistan risk In light of recent events in Afghanistan, the Financial Conduct Authority released a reminder to regulated firms about the financial crime risks posed by...

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Niger: the Ministry of Petroleum Energy and Renewable Energy together with...

Background The request for qualification (“RFQ”) will be launched by the Ministry of Petroleum Energy and Renewable Energy (“MPERE”) together with IFC Advisory as part of the scaling solar program, a...

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Third Party Confiscation in Criminal Proceedings at Crypto Exchanges

First Judgement in Germany (Regional Court of Dresden): No Third Party Confiscation in Criminal Proceedings at Crypto Exchanges On 18 May 2021 the Regional Court of Dresden in a very recently...

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