ArticleRecoverability Of Operating Expenses Under Rule F Of The York-Antwerp Rules 1974The Longchamp was commandeered by pirates off Somalia in 2009, who demanded a US$6 million ransom. United KingdomTransportReed Smith (Worldwide)
ArticleThe Airline Insolvency Bill - The Slow Path To ReformThe UK Government recently responded to The House of Commons Transport Committee's Report, titled "UK aviation: reform for take-off". The Report makes a number of recommendations...United KingdomTransportReed Smith (Worldwide)
ArticleThe Yangtze Xing HuaThis was a further appeal, to the Court of Appeal, from an LMAA arbitration award, considering the true construction of the sweep-up provision at sub-clause 8(d) ...United KingdomTransportReed Smith (Worldwide)
ArticleEuropean Parliament Votes In Favour Of New Data Protection RegulationIn March, the European Parliament voted overwhelmingly in favour of implementing the draft Data Protection Regulation, making its commitment to reforming the European regime irreversible.European UnionPrivacyReed Smith (Worldwide)
ArticleUK First: Right-To-Be-Forgotten Notice Issued Against Google Inc.The UK's Information Commissioner's Office (‘ICO') has published what appears to be its first public enforcement notice based upon "the right to be forgotten" against Google Inc.United KingdomPrivacyReed Smith (Worldwide)
ArticleMore On Google Analytics And GDPR In EuropeEU data protection authorities have taken a close look at the use of website trackers. European UnionPrivacyReed Smith (Worldwide)
ArticleFebruary Banking Regulatory UpdateInternational regulatory bodies, working alongside their regional and national counterparts, have spent more than four years attempting to mend the global financial system by strengthening its stability and resilience. United KingdomFinance and BankingReed Smith (Worldwide)
ArticleHeadwinds Remain For Airlines As Debt Mountain BuildsDuring the Covid-19 imposed disruption to air travel, many airlines responded by tapping shareholders for cash but many also raised money in the debt markets to cover losses.United KingdomInsolvency/Bankruptcy/Re-StructuringReed Smith (Worldwide)
ArticlePublic Register Of Overseas Companies – Now You See Me…..If you are an investor currently using overseas entities to hold UK property you should be aware that the UK Government is putting together proposals for greater transparency of the beneficial owners of UK properties owned by overseas entities.United KingdomReal Estate and ConstructionReed Smith (Worldwide)
ArticleSupreme Court Decision Announced In Pimlico Plumbers CaseThe case has been closely monitored because of its impact on organisations engaging large numbers of individuals on a self-employed basis...United KingdomEmployment and HRReed Smith (Worldwide)
ArticleUK's CESG Launches A Two-Tier Programme For Cyberattack ResponseOn 13 August 2013, the UK’s CESG, the Information Security arm of GCHQ, formally launched two schemes aimed at providing access to industry expertise on effective response to cybersecurity attacks. United KingdomPrivacyReed Smith (Worldwide)
ArticleSecuritisation Type Technology Showing A Glimpse Of Its MettleIt would be fair to say that when it comes to securitisation, I have always been very upbeat about the huge potential of this technology and the integral role that it can play.European UnionFinance and BankingReed Smith (Worldwide)
ArticleLondon As The Capital Of FinTechLondon has historically been considered the centre of European financial services. Now it is also viewed as the capital of financial technology (FinTech).European UnionTechnologyReed Smith (Worldwide)
ArticleGerman Data Protection Authority Fines Companies For Transferring Data To The United StatesWhereas some of the proceedings are still pending, three penalty notices issued by DPA Hamburg have in the meantime become binding.GermanyPrivacyReed Smith (Worldwide)
ArticleBerlin Court Holds That Bitcoin Is Not A Financial Instrument Contrary To The Practice Of The Financial RegulatorThe German regulatory practice has been to treat bitcoin as a unit of account and thus a financial instrument. GermanyTechnologyReed Smith (Worldwide)
ArticleSouth Korea Joins APEC's Cross Border Privacy Rules SystemIn order for countries to opt in to the system, their legal systems and privacy protection must meet APEC's standards.South KoreaPrivacyReed Smith (Worldwide)
ArticleEmployment Tribunal Fee Regime: An Unlawful Barrier to JusticeThe Supreme Court has today found in favour of the trade union UNISON in its judicial review of the UK Employment Tribunal fees regime, unanimously holding that the legislation implementing the current regime is unlawful both under domestic and EU law.United KingdomEmployment and HRReed Smith (Worldwide)
ArticleThe New Gafta Arbitration Rules No. 125, Effective For Contracts Dated From 1 September 2016: Key Changes To Be Aware OfThe previous Gafta Arbitration Rules were effective for contracts dated from 1 June 2014. United KingdomLitigation, Mediation & ArbitrationReed Smith (Worldwide)
ArticleDraft Of The Data Protection Bill Published By The UK GovernmentOn 14 September 2017, the Government published the long-awaited draft of the Data Protection Bill.United KingdomPrivacyReed Smith (Worldwide)
ArticleUK Relies On EU Treaty Exception To Avoid "Anti-FISA" Data Transfers Clause In European General Data Protection Regulation ("GDPR")In a written statement to Parliament, Baroness Neville-Rolfe confirmed the UK Government's view that the Treaty on the Functioning of the European Union means that Article 48 of the GDPR does not apply to the UK.United KingdomPrivacyReed Smith (Worldwide)