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Article 27/01/2020
Trust Registration Service – risk issues for professionals
The Trusts Registration Service (TRS) was set up in 2017 as part of the implementation of EU wide anti money-laundering legislation. Since then, all UK trusts (or an overseas trust which owns UK assets) which pay UK tax have been obliged to provide certain information to the Register.
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News 22/01/2020
London Market must keep evolving as global volatility increases, warns Kennedys
With the pace of change in the global insurance market showing no signs of slowing in 2020, we have underlined the London Market’s need to reassert its ability to adapt and manage the constant evolution of global risk. Releasing our annual London Market forecast for the year ahead, we have made predictions across 11 areas impacting the London Market, namely: aviation, casualty coverage, construction, cyber, energy, financial lines, marine, product liability and life sciences, professions, political risks and property damage.
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Article 21/01/2020
Social media risks for lawyers
Social media is a powerful tool for lawyers to showcase their expertise, develop their business and build their profile. But participating in social media also carries significant risks of which lawyers need to be aware. We consider some of the potential pitfalls of a hastily written social media post.
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Article 21/01/2020
London Market forecast 2020
The pace of change in the global insurance market has not slowed down in the last 12 months, nor are there any indications of it doing so over the course of the coming year.
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Case review 19/12/2019
Solicitors disciplinary issues – Behind the headlines, what is really going on at the Tribunal?
The last couple of months of 2019 saw solicitors disciplinary issues hit the headlines in the mainstream media, notably the Ryan Beckwith and Gary Senior cases (SRA v Ryan Beckwith [07.10.19] and SRA v Gary Senior), but also cases relating to the drafting of non disclosure agreements (NDAs) for companies associated with Harvey Weinstein and the alleged misrepresentation of financial information by a lateral hire partner.
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Article 29/11/2019
Professions and Financial Lines Brief: latest decisions November 2019
In this briefing, we consider the latest significant court decisions impacting claims arising from professional liability and financial lines policies and products. Issues covered include: loss of chance, the application of CPR rule 3.9, the scope of a solicitor’s duty, breach of the Quincecare duty, Section 51 Senior Courts Act 1981, extending the application of whistle-blowing protection to the judiciary and the amendment of claims when limitation is an issue.
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News 27/11/2019
Kennedys adds commercial litigation stars to rapidly growing Melbourne team
We are pleased to announce that highly regarded commercial litigation partner Jane Kupsch and senior associate Lucy Reade have joined our growing Melbourne office today. Both were formerly at Piper Alderman.
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Article 26/11/2019
SRA Guidance on the new SRA codes
The Solicitors Regulation Authority (SRA) has yesterday issued its long awaited guidance on “putting things right”. The new Codes contain two competing challenges; an absolute prohibition against acting in an own interest conflict and an obligation to put things right for clients when things go wrong.
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Case review 26/11/2019
Bankers beware: the Quincecare duty to query suspicious client requests
It is well established that a contract between a bank and its customer includes an implied term that the bank will use reasonable skill and care in and about executing a client’s instruction and will not execute instructions known to be dishonest or where there are reasonable grounds to believe that the instructions were given dishonestly. However, until recently, there was no reported case where this duty (known as the Quincecare duty) was found to have been breached.
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Article 26/11/2019
The end of the age of the deference: the right to complain
Figures from The Royal Institute of British Architects (RIBA) suggest a growing trend towards disciplinary complaints. We previously considered why this trend exists. Here, we take a look at what steps to take when responding to a complaint.