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Press and Media

Beer trade marks rise by 19% in a year as more capitalise on the craft beer revolution

04 September 2017

Trade mark registrations for beer brands rise by 104% to highest level since 2007

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Press and Media

Ransomware now 25% of cyber-attacks as hackers target UK businesses

04 September 2017

Ransomware is now the most likely cyber-threat to UK businesses, with a quarter of all major cyber-attacks involving an attempt to make businesses pay a ransom to get their data back

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Blog

Welcoming new red tape

Published on 01 September 2017. By Peter Rudd-Clarke, Legal Director

The Medical Devices Regulation 2017 is good news for insurers in the life sciences sector. More data on safety and performance will be collected on products before they get to the market

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Blog

A level playing Field?

Published on 31 August 2017. By David Allinson, Senior Associate

Frank Field's Work and Pensions Select Committee is intending to review the impartiality of defined benefit pension transfer advice. What could this mean for the advisory industry and its PI insurers?

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Blog

A level playing Field?

Published on 31 August 2017. By David Allinson, Senior Associate

Frank Field's Work and Pensions Select Committee is intending to review the impartiality of defined benefit pension transfer advice. What could this mean for the advisory industry and its PI insurers?

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Blog

The Mayor of London's Affordable Housing SPG: 10 things you need to know (part 2)

30 August 2017

This supplementary planning guidance, issued this month, builds on the Mayor's long-term aim for half of all new homes in London to be affordable (as defined in the London Plan). More will no doubt be heard in the revised London Plan when that emerges, but in the meantime here are some headlines which we hope help you cut through the SPG.

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Blog

Amazon and the $200billion Internet Economy in South East Asia

Published on 30 August 2017. By Sophie Tuson, Associate

Amazon's launch in Singapore last month marks the internet giant's official entry into South East Asia. Sophie Tuson explores why the region, and Singapore in particular, provides such fertile ground for e-commerce businesses in search of growth.

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Publication

VAT update August 2017

Published on 30 August 2017. By Adam Craggs, Partner

In this month’s update we report on updated guidance from HMRC on distance selling, the EU (Withdrawal Bill) and the revised place of supply rules for B2C telecommunications.

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Blog

SIPP complaints to FOS still on the up

Published on 30 August 2017. By Rachel Ford, Associate

Complaints to the FOS about SIPPs continue to rise, having sky rocketed in the first quarter of 2017.

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Blog

欧州M&A最前線 2017年8月

Published on 25 August 2017. By Nigel Collins, Partner, Head of Japan Desk

シンガポール、ハノイ、香港、東京を巡る出張から帰ってきた。クライアントや知人などいろんな人に会ったのだが、会えなかった人がいるのもいつものこと。こんな調子なので、さっそく次の出張の計画を立てた方がいいだろうか。

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Blog

The Mayor of London's Affordable Housing SPG: 10 things you need to know (part 1)

24 August 2017

This supplementary planning guidance, issued this month, builds on the Mayor's long-term aim for half of all new homes in London to be affordable (as defined in the London Plan). More will no doubt be heard in the revised London Plan when that emerges, but in the meantime here are some headlines which we hope help you cut through the SPG.

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Blog

Show me the money – turning liens into cash

24 August 2017

Most charterparties give owners the right to lien cargo for unpaid hire or freight. However, it may be necessary to sell the cargo in order to obtain payment. The English Commercial Court has recently considered the circumstances in which it would be prepared to order the sale of cargo held under a shipowners' lien.

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Blog

Edgar Davids wins League of Legends image rights claim

Published on 23 August 2017. By Joshua Charalambous, Senior Associate

Dutch football icon Edgar Davids has succeeded in suing Riot Games – makers of the world's biggest video game and eSports phenomenon, League of Legends.

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Blog

BPP – Tribunal correct to strike out HMRC's case for failure to comply with Rules and Directions

Published on 23 August 2017. By Constantine Christofi, Senior Associate

In BPP Holdings Ltd v HMRC [2017] UKSC 55, the Supreme Court has confirmed that the First-tier Tribunal (FTT) was justified in directing that HMRC be barred from taking further part in the proceedings for failure to adhere to the Tribunal’s Rules and Directions.

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Blog

Appification of Retail and Data Protection

Published on 22 August 2017. By Nicola Cain, Partner

The rise in online retail is seen by many as one of the key causes of the decline in footfall on the UK's high streets in recent years but the high street has been fighting back with its own innovative use of technology to help get more shoppers back into physical stores.

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Publication

Customs and excise quarterly update, August 2017

Published on 22 August 2017. By Adam Craggs, Partner

In this update we report on the implementation of the Fulfillment House Due Diligence Scheme, the National Audit Office's report on the new Customs Declaration Service and the future excise duty rate changes to cooking wine and other cooking alcohol.

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Blog

PSR issues public censure on payment system operator

Published on 15 August 2017. By Charles Buckworth, Partner

The Payment Systems Regulator (PSR) has recently announced its first enforcement outcome, as it issued a public censure against a payment system operator.

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Press and Media

RPC advises Park Place Technologies on third major UK acquisition in a year

15 August 2017

City-headquartered law firm RPC has advised US-based data centre maintenance provider Park Place Technologies on its third major UK acquisition in a year, as it completes the purchase of competitor NCE Group.

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Publication

Wealth and trusts quarterly digest, August 2017

15 August 2017

Our quarterly digest provides up to date commentary and analysis on key sector developments.

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Press and Media

Hackers target retail industry as cyber-attacks double in just one year

Published on 14 August 2017. By Jeremy Drew, Partner

The number of retail businesses reporting data breaches to the Information Commissioner's Office has doubled in just one year, jumping from 19 in 2015/16 to 38 in 2016/17*, says City-headquartered law firm, RPC.

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Publication

Challenge to SRA intervention rejected

Published on 11 August 2017. By Nick Bird, Partner and Laura Stocks, Senior Associate

Suspicion of wrongdoing in law firms gives rise to difficult judgments.

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Blog

Signed, sealed, delivered

Published on 11 August 2017. By Matthew Griffith, Partner

Matthew Griffith shares some strategies for delivering successful (re)insurance M&A – before and after the ink has dried

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Blog

What a drag

Published on 11 August 2017. By James Mee, Partner and David Wallis, Partner

James Mee and David Wallis outline some of the issues involved in selling companies with a large employee shareholder base

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Blog

Eastern Power – Tribunal orders HMRC to close its enquiries despite outstanding information notices

Published on 10 August 2017. By Adam Craggs, Partner

In Eastern Power Networks Plc and others v HMRC [2017] UKFTT 494 (TC), the First-tier Tribunal (FTT) ordered HMRC to issue closure notices even though there were a number of outstanding information notices.

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Blog

Avoid getting in a spin: Lessons for managing future Registered Designs cases - Spin Master Limited v PMS International Group [2017] EWHC 1477

Published on 09 August 2017. By Georgia Davis, Legal Director and Jeremy Drew, Partner

It is relatively rare for a case management conference ("CMC") to be of sufficient interest to be the subject of an article. However, these proceedings raised general issues of how to achieve short, cost-effective hearings where one or perhaps both parties were preparing for a much longer trial.

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Blog

Could 'clickstream data' put firms' websites in the spotlight?

Published on 08 August 2017. By Rachael Ellis, Associate

Rachael Ellis considers the FCA's use of clickstream data to examine customers' engagement with charges information.

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Blog

Government sets out details of new data protection legislation

Published on 07 August 2017. By Nicola Cain, Partner and Alex Wilson, Senior Associate

The Government has today published a Statement of Intent setting out details of the forthcoming Data Protection Bill. Matt Hancock MP, the Digital Minister, says that the reforms will "bring our data protection law up to date" whilst transferring the General Data Protection Regulation ('GDPR') into domestic law. The text of the Data Protection Bill is expected in early September.

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Blog

Lights, camera, legal action

Published on 07 August 2017. By Charlotte Thompson, Associate

The law has proven a popular subject of television programmes for decades. Charlotte Thompson explores whether the drama of real life trials may soon reach the small screen.

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Blog

No duty of care owed when conducting a redress procedure

Published on 04 August 2017. By Rachael Healey, Partner

The Court of Appeal has found that banks did not owe a duty of care when conducting a past business review (PBR) of previous sales of interest rate hedging products. Although the decision is in the context of the review procedure agreed between the FCA and banks, the decision is likely to apply to all PBRs, except formal 'consumer redress schemes' under s404 FSMA.

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Blog

Barton succeeds in reducing betting ban

Published on 04 August 2017. By Joshua Charalambous, Senior Associate

Joey Barton has succeeded in reducing the ban imposed on him by the FA Commission following breaches of FA Rules concerning betting – but he's still banned until 1 June 2018

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Publication

Court of Appeal distinguishes Target

04 August 2017

In a recent decision the Court of Appeal1 distinguished Target and AIB on the applicable remedy arising out of a breach of trust in a commercial transaction.

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Blog

Contractors and Insurers beware - Contractor found to bear the risk of an incorrect standard as fitness for purpose prevails in the Supreme Court

Published on 03 August 2017. By Rebecca Taylor, Associate

This morning the Supreme Court handed down its much anticipated judgment in MT Højgaard A/S v E.ON Climate & Renewables UK Robin Rigg East Limited and another [2017] UKSC 59. The Judgment should be of concern to both contractors and their insurers.

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Blog

Gray – FTT allows appeal against discovery assessment as ITV correctly accounted for PAYE

Published on 03 August 2017. By Michelle Sloane, Partner

In Gray v HMRC [2017] UKFTT 0275, the First-tier Tribunal (FTT) allowed the taxpayer's appeal against a discovery assessment in relation to a termination payment as there was no additional tax to assess in the relevant year and in any event the assessment was out of time.

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Publication

New corporate criminal offence

03 August 2017

Failure to prevent the facilitation of tax evasion

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Blog

New corporate tax evasion offences – the clock is ticking!

03 August 2017

Financial services firms should ensure they have in place appropriate policies and procedures as they prepare for the new corporate tax evasion offences.

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Blog

Rangers: Supreme Court confirms remuneration paid through EBT is subject to income tax

Published on 02 August 2017. By Alexis Armitage, Associate

In RFC 2012 Plc (in liquidation) (formerly The Rangers Football Club Plc) v Advocate General for Scotland [2017] UKSC 45, the Supreme Court has held that remuneration payments made into an employees' remuneration trust were earnings for income tax and NICs purposes.

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Blog

Who has to sign a s106 agreement?

02 August 2017

The question of who needs to sign a s106 agreement can be a bone of contention between applicants and local planning authorities. Opposing views can risk planning consents being held up, or third parties challenging consents for failure to properly secure essential mitigation. So who, then, should sign planning agreements?

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Blog

Spare parts and intellectual property: the distinction between "informative use" and "misleading use"

Published on 01 August 2017. By Georgia Davis, Legal Director and David Cran, Partner

The Court of Appeal has allowed an appeal against a decision of the Intellectual Property Enterprise Court ("IPEC") that a repair company had not infringed certain BMW trade marks.

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Blog

Using VR in sports – virtual insanity or future reality?

Published on 01 August 2017. By Joseph Byrne, Associate

Stoke City has become the latest Premier League club to announce that it will use virtual reality (VR) technology as a training tool for its goalkeepers.

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Blog

Is it game over for ground rent?

01 August 2017

Considering the recent Government proposals to change the rules on ground rent and how those proposals may affect developers.

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Publication

Tax update, August 2017

31 July 2017

In this update we report on the Government’s intention to use the Finance Bill (No. 2) 2017 to retrospectively implement the policies dropped from the first Finance Act 2017; amendments to the new disguised remuneration provisions in the Income Tax (Earnings and Pensions) Act 2003; and the implementation of the guidance requirement under the Criminal Finances Act 2017

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Blog

When can publishing newspaper articles amount to harassment?

Published on 28 July 2017. By Keith Mathieson, Partner

The High Court has struck out part of a harassment claim against the publisher of the Daily Mail and Mail Online. Unless the Judge's order is successfully appealed, the remaining harassment claim will proceed to trial.

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Blog

SM&CR: what should the insurance sector be doing to prepare?

27 July 2017

On 26 July 2017, the FCA and PRA published three consultation papers outlining their proposals for the extension of the senior managers and certification regime (SM&CR) to all authorised firms.

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Press and Media

Cyber crime prosecutions fall as under-resourced police struggle with increasingly complex threat

Published on 27 July 2017. By Richard Breavington, Partner

Only 57 prosecutions under Computer Misuse Act last year despite 1.9 million crimes. Cyber insurance ‘critical’ for businesses.

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Blog

Advertisement consent – five rules for retailers

26 July 2017

A summary of advertisement control for retailers in England, including deemed consent provisions, applications, standard conditions and discontinuance orders.

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Blog

Advertisement consent – five rules for retailers

26 July 2017

A summary of advertisement control for retailers in England, including deemed consent provisions, applications, standard conditions and discontinuance orders.

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Blog

Derry – HMRC prevented from collecting tax in avoidance case

Published on 25 July 2017. By Robert Waterson, Partner

In R (ota of James Derry) v HMRC [2017] EWCA Civ 435, the Court of Appeal, in allowing the taxpayer's appeal, confirmed that HMRC is not able to ignore a claim for carried back loss relief where the taxpayer has self-assessed and computed his liability to tax.

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Blog

Supreme Court endorses open justice principle

25 July 2017

The Supreme Court has handed down its much anticipated judgment on reporting restrictions and the principle of open Justice in the case Khuja (formally PNM) v Times Newspapers Limited.

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Blog

CMA approves new payment systems operator

Published on 25 July 2017. By Charles Buckworth, Partner

On 12 July 2017, the Competition and Markets Authority (CMA) approved the consolidation of the operators of Cheque and Credit Clearing Company, Faster Payments and Bacs into a new payment systems operator (NPSO). This consolidation was one of the key recommendations in the PSO Delivery Group's (PSODG) Report of 4 May 2017.

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Publication

VAT update, July 2017

24 July 2017

In this month’s update we report on HMRC’s recent guidance on its approach to supply splitting; the Supreme Court hearing in the Littlewoods compound interest case; and the revised timetable for “Making Tax Digital”.

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