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• Aggregation, Covid-19 and Hours Clauses (UK)

  In this recent United Kingdom Supreme Court judgment discussed here, in addition to considering the meaning of “catastrophe” in the context of the Covid-19 losses and the treaty wording, the application of the “hours clause” was also considered.  The reinsurers argued that even if there was a catastrophe only business interruption that had occurred in...

• Aggregation, Covid-19 and Catastrophe (UK)

  This recent United Kingdom Supreme Court Judgment considered whether under the relevant reinsurance program Covid-19 losses all arose out of or were directly occasioned by one “catastrophe”.  If so, the losses could be aggregated so that the reinsurers would pay those claims under the relevant treaty terms.  The judgment contains an extensive review of historical...

• UK Litigation Funding post PACAR – Tying up Loose Ends

  Last year we discussed the impact of funding insolvency litigation following the Supreme Court decision in PACCAR where the court found that litigation funding agreements (LFAs) were damaged based agreements.  This meant that unless LFAs complied with the Damages Based Agreements Regulations 2013 (DBA Regulations), they were unenforceable.  Although concluding that the outcome of the...

• ICO Publishes Biometric Data Guidance

  On 5 March 2024, the UK data protection regulator (ICO) published guidance on biometric recognition (the Guidance), following a consultation with stakeholders in October 2023. The Guidance clarifies the concept and properties of biometric data and provides practical considerations for organisations contemplating or using biometric recognition systems. Clarifying the concept of biometric data The Guidance elaborates on...

• UK ICO Launches Latest Installment in the AI Consultation Series

  On April 12, 2024, the UK Information Commissioner's Office launched the third installment in its consultation series examining how data protection law applies to the development and use of generative AI.

• BoE speech – ‘Modernising the trains and rails of UK payments’

  On 15 April 2024, Sarah Breeden, Deputy Governor of Financial Stability at the Bank of England (BoE), delivered a speech explaining how the BoE seeks to deliver trust and support innovation, both as a provider and as a regulator of retail and wholesale money, against the backdrop of significant technological change in payments. In her...

• PSR publishes Annual Plan for 2024/2025

  On 9 April 2024, the Payment Systems Regulator (PSR) published its Annual Plan for 2024/2025, setting out the PSR’s key aims, activities and expected costs for 2024/2025. The Annual Plan highlights that this year (the third of the PSR’s 5-year strategy) will be a important one for consolidating the delivery of the PSR’s work aimed...

• New Briefing Note – Quarterly UK financial services horizon scanner

  In our latest briefing we set out some of the key upcoming dates that we are aware of so far in the financial services space for 2024, together with links to our relevant content for each development. We will publish an updated version of this horizon scanner next quarter. For further detail on some of...

• FSMA 2023 Correction Slip published

  On 11 April 2024, the Government published a Correction Slip relating to the Financial Services and Markets Act 2023. The Correction Slip states that with regards to Schedule 2, paragraph 33, in the inserted Chapter 4A, after the italic heading “STS equivalent non-UK securitisations”, on a new line, the heading “Article 28A” should be inserted...

• Changes to tribunal awards, statutory payments and Vento Bands on 6 April 2024: What you need to know

  This month, the latest instalment of annual increases relating to the minimum wage, the maximum claim amounts awarded in the Employment Tribunal and other statutory rates takes effect. We set out below the main rates and limits that employers should be aware of. 1. Increase in minimum wage The national minimum wage increased from £10.42...

Featured documents

• UK Consults on Whether To Widen Public Agencies’ Disclosure Obligations to Encourage Private Litigation

  On August 23, 2005, the UK’s Department of Trade and Industry (DTI) published a consultation document on the possible reform of Part 9 of the UK’s Enterprise Act 2002, which governs the release of consumer and competition information, and outlined options for disclosing currently confidential...

• ‘Ernie the Attorney’ famous in the UK too

  When the Law Gazette needed a information on law blogs, they went right to the main man, Ernest Svenson, who we all know as Ernie the Attorney. And Ernie captured the essence of lawyer blogs for them. Blogging, like other Internet communications, is captivating because it transcends ordinary...

• Reed Smith launches women’s career forum and sacks female blogger

  Today’s headline from UK’s The Lawyer summed it nicely, ‘Reed Smith launches women’s career forum and sacks female blogger.’ Reed Smith fired Denise Howell, a leading blogger, IP lawyer, and mother last week. The firm has been getting crucified in Internet discussion since then. Comments include:...

• UK Legal Resources

  Having passed the QLTT exam for admission as a solicitor, I’ll be collecting UK legal resources. Legal resources in the UK and Ireland include Delia Venables’ site on information for individuals, lawyers, companies, and students. The section on legal information for companies is quite extensive....

• Legal Services Across the Pond

  Across the pond, the legal industry is addressing some of the same issues as US firms but with their own distinctive twist.  Facing attrition rates similar to those in the US, UK law firms are re-jiggering what it means to be a partner and whether lawyers even need to be one in order to stay......

• Eversheds Outsources IT Systems: Sign of the Law 2.0 Times?

  Legal IT...

• HR Carnival #17

  The Pennsylvania Employment Law Blog participates in and will host the HR Carnival on May 28, 2008. The HR Carnival is the brain child of Evil HR Lady who was the subject of a recent and exclusive interview by this blog.   This weeks carnival is hosted by  The Work Clinic a blog in the UK and......

• Nick Holmes of infolaw [LexBlog Q & A]

  Nick Holmes, the guest for today’s LexBlog Q & A, is a publishing consultant serving the English legal world. Based out of London, he has almost 30 years experience in the legal publishing industry and is currently managing director of the web-focused publishing service infolaw. In addition, Nick...

• Money Laundering In The U.K.

  As the Anti Money Laundering Blog mentioned on April 1, 2008, the U.S. State Department has listed the United Kingdom as a Major Money Laundering Country in 2008.  The State Department however, had also previously listed the United Kingdom as a Major Money Laundering Country in 2007. The State...

• PDF of “A Nano-Mesothelioma False Alarm”

  Nanotechnology Law and Business was kind enough to let us post a PDF of “A Nano-Mesothelioma False Alarm” here after several readers requested a copy.  Please be sure to visit the journal to see the rest of this issue’s articles: Grading of Fullerene Nanotubes for Composite Applications Next...