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  • Article

    Avoiding ‘White Noise’ In Communications With Consumers

    The UK’s Financial Conduct Authority (‘FCA’) has published its report into the impact of various methods used by banks to help their customers manage their current accounts.
    United KingdomFinance and Banking
    Reed Smith (Worldwide)
    Reed Smith (Worldwide)
  • Article

    CMBS Noteholder Litigation: Where Do They Stand?

    A typical limited recourse CMBS transaction will contain a general restriction on noteholders proceedings directly against the issuer to enforce their rights under the transaction documents.
    United KingdomFinance and Banking
    Reed Smith (Worldwide)
    Reed Smith (Worldwide)
  • Article

    FCA Publishes Memorandum Of Understanding Between The FCA And ICO

    On 28 January 2015, the Financial Conduct Authority published the Memorandum of Understanding which it entered into with the Information Commissioner’s Office.
    United KingdomFinance and Banking
    Reed Smith (Worldwide)
    Reed Smith (Worldwide)
  • Article

    You Don’t Need EMIRacle – Trade Reporting For SPVs Made Easy

    EMIR’s trade reporting obligations come into effect on 12 February and counterparties to derivative transactions are currently scrambling to ensure they have all the appropriate systems in place to ensure compliance.
    United KingdomFinance and Banking
    Reed Smith (Worldwide)
    Reed Smith (Worldwide)
  • Article

    Novel Coronavirus And Charterparty Issues

    On 30 January 2020, the World Health Organization declared the outbreak of the novel coronavirus (2019-nCoV) (the Virus) to be a Public Health Emergency of International Concern.
    United KingdomFood, Drugs, Healthcare, Life Sciences
    Reed Smith (Worldwide)
    Reed Smith (Worldwide)
  • Article

    A Cautionary Tale: Companies House Owes A Duty Of Care When Registering Winding Up Orders

    In Sebry v Companies House and The Registrar of Companies, it was recently held that Companies House owes a duty of care when entering a winding up order ("Order") on the Register of Companies.
    United KingdomInsolvency/Bankruptcy/Re-Structuring
    Reed Smith (Worldwide)
    Reed Smith (Worldwide)
  • Article

    Default Interest Gets Washed Out Of The Waterfall

    The degree to which certain elements of a recovery right under a contract, including a debt instrument, are assignable or transferable to a third party has been questionable under English law for some time.
    United KingdomInsolvency/Bankruptcy/Re-Structuring
    Reed Smith (Worldwide)
    Reed Smith (Worldwide)
  • Article

    Disclaimers: Paper Shield Or Your Best Protection?

    The UK Court of Appeal recently considered the liability of issuers to secondary market investors under the Misrepresentation Act 1967 (the "1967 Act") in the case of Taberna Europe CDO II Plc v Selskabet (formerly Roskilde Bank A/S) (In bankruptcy) [2016] EWCA Civ 1262.
    United KingdomInsolvency/Bankruptcy/Re-Structuring
    Reed Smith (Worldwide)
    Reed Smith (Worldwide)
  • Article

    The Importance Of Aligning Policy Terms Within Insurance Towers

    Arecent English Court of Appeal decision emphasises the importance of ensuring that what appear to be standard boilerplate provisions within an insurance tower are clear...
    United KingdomInsurance
    Reed Smith (Worldwide)
    Reed Smith (Worldwide)
  • Article

    Little-Known Trap in U.K. Intellectual Property Litigation Could Cost Successful Plaintiffs: What Life Sciences Companies Need to Know

    Did you know the U.K. patents system penalizes a failure to record a patent transaction at the Patent Office by depriving a successful plaintiff of its entitlement to recover its full legal costs in any subsequent infringement litigation on that patent?
    United KingdomIntellectual Property
    Reed Smith (Worldwide)
    Reed Smith (Worldwide)
  • Article

    Progress Made On The Trade Secrets Directive

    On 15 December 2015, Members of the European Parliament (MEPs) came to a preliminary agreement over new rules against the theft or misuse of trade secrets.
    United KingdomIntellectual Property
    Reed Smith (Worldwide)
    Reed Smith (Worldwide)
  • Article

    Resolving Life Sciences Disputes: Prescription Or Over-The-Counter Medicine?

    As part of the sixth annual Paris Arbitration Week, Reed Smith's international arbitration practice hosted a webinar discussion entitled "Resolving life sciences disputes: Prescription or...
    United KingdomLitigation, Mediation & Arbitration
    Reed Smith (Worldwide)
    Reed Smith (Worldwide)
  • Article

    The Operating Engineers Pension Trust Fund Lawsuit: The Time Is Now (Or Has It Already Passed?)

    They say that the early bird catches the worm and it seems that courts in the US definitely agree.
    United KingdomLitigation, Mediation & Arbitration
    Reed Smith (Worldwide)
    Reed Smith (Worldwide)
  • Article

    Update – What Is The Requisite Experience For An Arbitrator?

    On 13 March 2018, the Court of Appeal reversed the Commercial Court decision in Tonicstar Limited v (1) Allianz Insurance PLC; (2) Sirius International Insurance Corporation.
    United KingdomLitigation, Mediation & Arbitration
    Reed Smith (Worldwide)
    Reed Smith (Worldwide)
  • Article

    A Win For Companies Running Promotions On Facebook?

    Last week, Facebook announced some good news for businesses that use the social networking site to administer competitions, sweepstakes and other promotions.
    United KingdomMedia, Telecoms, IT, Entertainment
    Reed Smith (Worldwide)
    Reed Smith (Worldwide)
  • Article

    ASA Stubs Out Another e-Cigarette Ad

    The ASA upheld a decision today concerning a campaign for e-cigarettes brand "Leolites" featuring the slogan: "E-CIGARETTES HAVE EVOLVED. LEOLITES.COM. LOVE YOUR LUNGS."
    United KingdomMedia, Telecoms, IT, Entertainment
    Reed Smith (Worldwide)
    Reed Smith (Worldwide)
  • Article

    Music Videos Have Been A Grey Area When It Comes To Certification And Age Ratings. The Lines Have Been Blurred, If You Will…

    The British Board of Film Classification has been certifying theatrical films since 1912.
    United KingdomMedia, Telecoms, IT, Entertainment
    Reed Smith (Worldwide)
    Reed Smith (Worldwide)
  • Article

    New Focus For The ASA

    The ASA has a new strategy for regulating ads, meaning it won't always wait for complaints before acting against an offending brand.
    United KingdomMedia, Telecoms, IT, Entertainment
    Reed Smith (Worldwide)
    Reed Smith (Worldwide)
  • Article

    OBA Report Exposes Bad Behaviour

    Earlier this month the ASA published its half-year report into compliance with the new Online Behavioural Advertising (OBA) rules.
    United KingdomMedia, Telecoms, IT, Entertainment
    Reed Smith (Worldwide)
    Reed Smith (Worldwide)
  • Article

    Unprecedented High Court Decision Orders The Destruction Of Confidential Information On The Defendants' Computers

    After his employment with Arthur J. Gallagher group ("Gallagher") was terminated, Mr Skriptchenkov began working for Portsoken Limited ("Portsoken").
    United KingdomMedia, Telecoms, IT, Entertainment
    Reed Smith (Worldwide)
    Reed Smith (Worldwide)

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