Dentons

The Tenth Circuit rejects excess insurers’ implied duty to investigate and initiate settlement negotiations

Interpreting Oklahoma law, the US Court of Appeals for the Tenth Circuit recently held that the duty of good faith and fair dealing does not require that an excess insurer, unlike a primary insurer, affirmatively investigate the…more
| Commercial Law & Contracts, Insurance

Amendment to the Excise Tax Act in Poland – significant changes for your business

The President signed the amendment to the Excise Tax Act . on August 27, 2015. The new regulations shall pass into law on January 1, 2016. Below we present a review of the key amendments which have been introduced..…more
| Commercial Law & Contracts, Energy & Utilities, International Law & Trade, Taxation

ECB publishes ESCB reports on facilitating CCP access

ECB has published the contribution of the European System of Central Banks (ESCB) to the Commission’s assessment of the need for any measure to be introduced in European Market Infrastructure Regulation (EMIR) to facilitate…more
| Finance & Banking, International Law & Trade

FCA consults on PSR regulatory fees

FCA has issued a consultation concerning the Payment Systems Regulator (PSR). The paper sets out the final approach to allocating and setting fee levels for each regulated payment system. It also includes further consultation on…more
| Finance & Banking

PRA publishes credit unions’ Annual Assessment letter

PRA has published the 2015 Annual Assessment letters to directors of Category Five Credit Unions, which are not assessed individually but rather as part of their peer group. PRA has sent different letters for each of the…more
| Finance & Banking

Insurers on track with Solvency 2 implementation

Insurance Europe has published an analysis of responses to its Solvency 2 survey. Whilst finding that most firms are making good progress in implementing the first two pillars, many respondents are concerned about the final…more
| Commercial Law & Contracts, Insurance

Investors and brokers agree landmark share-dealing code

The Investment Association and AFME have agreed a code of conduct for the use of Indications of Interest (IOIs). The new code will help to ensure that the market impact of “block trades” can be better predicted. A distinction…more
| Commercial Law & Contracts, Finance & Banking, Securities Law

Creed and Association: Breach of Human Rights Leads to Harsh Penalties

The decision in H.T. v ES Holdings Inc. o/a Country Herbs (“Country Herbs”) 2015 HRTO 1067 (CanLII) (“Country Herbs”) serves as a reminder to employers of the significant liability that they face when a claim of discrimination…more
| Civil Rights, Labor & Employment Law

FOS publishes business complaints data

FOS has released the latest half-yearly complaints data on banks, building societies and other financial businesses. The statistics show that: - FOS took on a total of 173,994 new cases in the first half of 2015 – an…more
| Finance & Banking

A summary and analysis of HRSA's proposed 340B program guidance

On August 28, 2015, the US Department of Health & Human Services (HHS) Health Resources and Services Administration (HRSA) published its long-awaited, if still only proposed, 340B program guidance (Proposed Guidance). 80 Fed…more
| Health, Science, Computers, & Technology

Briefing on Russia Data Localisation Law

Russia has, today, implemented a Data Localisation Law. It requires information about Russian citizens to be stored in Russia and many businesses are concerned about how best to comply. There has also been some recent guidance…more
| Commercial Law & Contracts, Privacy, Science, Computers, & Technology

“Discussing inappropriate personal matters at work”, aggressive conduct, gets employee fired for cause

An employee on a “last-chance” agreement was fired for cause for his “aggressive, condescending and rude” behaviour including discussing sensitive personal matters at work. The employee had worked at the company for 28…more
| Alternative Dispute Resolution (ADR), Civil Rights, Labor & Employment Law

Commission creates APRC simulator

The Commission has added a new section to its webpage on the Mortgage Credit Directive (MCD) containing a simulator for calculating the annual percentage rate of change (APRC). Alongside this, the Commission has also provided a…more
| Finance & Banking, Real Estate - Residential

Whoops - Legal Malpractice Prevention - Enforcing ADR Provisions in Fee Agreements

Attorneys and law practices have been experimenting with strategies to collect unpaid client fees while limiting the risk of malpractice claims. One approach involves the use of alternative dispute resolution (ADR) provisions,…more
| Alternative Dispute Resolution (ADR), Commercial Law & Contracts, Professional Malpractice

It’s Back To The Future with the NLRB’s new “Joint Employer” standard

On August 27, 2015, the US National Labor Relations Board (NLRB or Board) issued its long awaited decision in Browning-Ferris Industries of California (Browning-Ferris) and, not surprisingly, returned employers to a pre-1984…more
| Civil Rights, Commercial Law & Contracts, Labor & Employment Law
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77 King Street West Suite 400, Toronto-Dominion Centre
Toronto, ON M5K 0A1, Canada

Contact: Samantha Francis

  • 416 361 2388
  • 416 863 4592

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