News & Analysis as of

Public Interest United Kingdom

BCLP

Response to FCA's CP24/2

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We strongly disagree with the FCA’s proposals, set out in CP24/2, to announce that it has opened enforcement investigations into firms where it considers this to be in the public interest. We set out our objections in detail...more

WilmerHale

The FCA Enforcement Club: Public Membership Soon to be Available...

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“The first rule of enforcement club is that you do in fact talk about enforcement club”; so Therese Chambers, the UK Financial Conduct Authority’s (FCA) joint executive director of enforcement and market oversight, announced...more

Wilson Sonsini Goodrich & Rosati

The UK's National Security and Investment Act Now Fully in Force

The United Kingdom's National Security and Investment Act (the NSI Act) is now fully in force. First proposed in 2016, the NSI Act creates a stand-alone regime that authorizes the UK government to consider and address the...more

Goodwin

Litigation Insights - July 2021

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FOREWORD - On behalf of the new and expanding Goodwin London litigation team I am delighted to welcome you to our first ever ‘Litigation Insights’: a series of quarterly updates on important and interesting developments...more

BCLP

UK HR Two Minute Monthly: TUPE transfers to multiple transferees, public interest test in whistleblowing cases and unfair...

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Our April 2021 update includes a case which signals a potentially significant change in approach to TUPE transfers involving multiple transferees. We also consider a recent whistleblowing case in which it was considered that...more

Goodwin

UK ICO Confirms Transfers Of Data To SEC In The Public Interest

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The UK Information Commissioner’s Office (“ICO”) has published a letter sent to the U.S. Securities and Exchange Commission. The ICO confirms that it is possible for SEC regulated UK firms to transfer personal data to the...more

Dechert LLP

Foreign Direct Investment (FDI) control in the United Kingdom

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The UK has become one of the latest in a line of countries around the world to tighten FDI screening rules in the context of the COVID-19 pandemic. The legislative changes that were passed recently affect the rules in two...more

Dechert LLP

UK Life Sciences and Healthcare Newsletter - August 2020: Foreign Direct Investment (FDI) Control in the United Kingdom

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The UK has become one of the latest in a line of countries around the world to tighten FDI screening rules in the context of the COVID-19 pandemic.... The legislative changes that were announced last month affect the rules in...more

White & Case LLP

The EU Taxonomy: the answer to the question "what is green?"

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The EU Taxonomy Regulation has now entered into force – a long awaited milestone in the sustainable finance market. The EU Taxonomy is a classification tool aimed at investors, companies and financial institutions to define...more

Cooley LLP

Alert: UK Government Extends Powers to Intervene in Mergers on Public Interest Grounds

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In the UK, there is currently no separate foreign direct investment (FDI) screening regime. Instead, the UK government can only intervene in limited circumstances where a transaction raises at least one of the following...more

BCLP

Can an insolvent company enforce an adjudicator’s decision? Yes - in exceptional circumstances

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Are the regimes of construction adjudication and insolvency incompatible? Recent Court of Appeal authority suggested that they are, but in Meadowside Building Developments Ltd (In Liquidation) v 12-18 Hill Street Management...more

White & Case LLP

Foreign direct investment reviews 2019: A global perspective - United Kingdom

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National security interventions have largely been confined to defense-related transactions - Since mid-2018, there have been a number of important changes (actual and proposed) to legislation permitting intervention by...more

White & Case LLP

GDPR Guide to National Implementation: United Kingdom - A practical guide to national GDPR compliance requirements across the EEA

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Q1/ Applicable legislation - (a) Have the requirements of the GDPR been addressed by introducing a new law, or by updating existing legislation? New legislation has been passed. Brexit Note: The GDPR will apply in...more

White & Case LLP

Blowing the whistle on inadequate protections: How does the new EU Whistleblower Directive improve on existing legislation?

White & Case LLP on

'Whistleblower' is a widely used term. However, what it means and the protections a whistleblower might receive are by no means universal. Whistleblowers have been a regular presence in the news over recent years, from...more

WilmerHale

EU adopts new whistleblower protections, but will the UK follow suit and how much comfort do they really provide?

WilmerHale on

On 7 October 2019, the European Union (the “EU”) adopted a Directive on the “protection of persons who report breaches of Union law”, which provides for the implementation of new comprehensive EU-wide rules on whistleblower...more

Hogan Lovells

CPO compensation – how much will the landowner get?

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If someone’s land is compulsorily acquired to deliver a public benefit, it is accepted that they should receive fair compensation. But what that “fair compensation” equates to, is far from straight forward....more

BCLP

HR Two Minute Monthly: whistleblowing; religion or belief discrimination; employment status

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Our October update considers recent developments in employment law, including cases on the whistleblowing public interest test, whether vegetarianism is a protected belief under discrimination law, and employment status. We...more

Hogan Lovells

Reacting to a CPO – what do you need to do?

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In the second of our series on compulsory purchase, we turn to what you should do if your property is at risk of compulsory acquisition....more

Hogan Lovells

CPO Basics – What’s all the fuss about?

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Compulsory Purchase Orders might not seem the most glamorous of topics, but with the urgent need for more homes, and a new Prime Minister showing great enthusiasm for big infrastructure projects, now’s the time to get to...more

Jones Day

Jones Day Talks: Oversight of Foreign Direct Investment in the UK

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The United Kingdom is taking a careful look at potential direct investments by foreign entities. While the UK certainly works hard to attract investor interest, concerns relating to certain sectors can trigger government...more

Latham & Watkins LLP

English High Court: Public Interest Outweighed Confidentiality of Arbitration

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Non-parties are entitled to obtain documents related to an arbitration if the case falls within the “interests of justice” exception. In The Chartered Institute of Arbitrators v B, C and D, the English High Court granted...more

Hogan Lovells

Contractual rights outweigh public interest in restrictive covenant case

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The Court of Appeal has sent a firm message to developers who seek to cut corners by knowingly breaching restrictive covenants. A recent decision means that 13 units of social housing, constructed on land on which building...more

Orrick, Herrington & Sutcliffe LLP

Unexplained Wealth Orders High Court Dismisses First Legal Challenge

The English High Court has dismissed an application to discharge an "unexplained wealth order" ("UWO") against the wife of the former chairman of the International Bank of Azerbaijan....more

Latham & Watkins LLP

UK Adopts New Powers To Investigate Smaller Transactions Raising National Security Concerns

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The expansion of the UK government’s foreign investment review powers will require additional scrutiny of potential deals for the early identification of additional steps in the regulatory approval strategy. Key Points: ...more

Hogan Lovells

UT decision on IC

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In relation to a Freedom of Information Act 2000 (FOIA) request for details of Tony Blair’s private appointments after his tenure as Prime Minister, the Upper Tribunal (“UT”) has confirmed that the First-Tier Tribunal (“FTT”)...more

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