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Discontinuance
- Reed Smith LLP
- -
- United Kingdom
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- November 30 2007
In Dover Harbour Board v ISS and others 2007 EWHC 2015 (TCC), His Honour Judge Thornton QC had to consider an application under CPR 38.6 for discontinuance of a claim against a defendant with no order as to costs
FINRA proposes to except intermediary firms from principal approval of certain sales materials
- Reed Smith LLP
- -
- USA
- -
- December 28 2007
On Dec. 20, 2007, the SEC issued for comment a proposal by FINRA (fka NASD) to create an exception from the principal approval requirements for certain previously filed sales material
Ban on smoking in public places
- Reed Smith LLP
- -
- United Kingdom
- -
- February 6 2007
Introduced by the Health Act 2006, the smoking ban in England comes into effect on 1st July 2007
Freezing order breach by bank
- Reed Smith LLP
- -
- United Kingdom
- -
- November 30 2007
In R (on the application of Revenue & Customs Prosecution Office) v (1) R (2) Lloyds TSB Plc Lawtel 22.11.07 the Administrative Court held that a bank was in breach of a freezing order where it had moved money from an ordinary current account specified in the order into two other interest-bearing accounts
Commission opens investigation into regulated electricity tariffs in Spain
- Reed Smith LLP
- -
- European Union, Spain
- -
- January 3 2007
The Commission has opened a formal investigation under EC Treaty State Aid rules into potential aid to large and medium-sized companies and to the electricity incumbents in Spain in the form of artificially low regulated industrial tariffs for electricity
SEC proposes rules on adviser fraud, and requirements for "accredited investors"
- Reed Smith LLP
- -
- USA
- -
- February 6 2007
On Dec. 27, 2006, the SEC issued a Release that proposes to address "two areas of particular concern" relating to hedge funds and other pooled investment vehicles, "with a view to strengthening protections for investors."
Collision apportionment of blame
- Reed Smith LLP
- -
- Gibraltar, United Kingdom
- -
- February 6 2007
In Owners of the ship ‘Bulk Atlanta’ v Owners of the ship ‘Forest Pioneer’ Butterworths Law Direct 29.1.07 the Admiralty Court, with the aid of nautical assessors, determined the apportionment of blame for a collision between two vessels in Gibraltar harbour
Commission closes investigation in rough diamonds sector following improvements to De Beers' distribution system
- Reed Smith LLP
- -
- European Union
- -
- January 3 2007
The European Commission has closed an investigation into the rough diamond market, on the basis of increased transparency in De Beers' distribution arrangements, known as Supplier of Choice (SOC
Demurrage
- Reed Smith LLP
- -
- United Kingdom
- -
- November 30 2007
In Waterfront Shipping Co Ltd v Trafigura AG 2007 EWHC 2482 the Commercial Court held that the charterers, as defendants, were entitled to summary judgment in respect of the demurrage claim, which arose out of a voyage charter on the Beepeevoy 3 form
Commission publishes interim report on business insurance inquiry
- Reed Smith LLP
- -
- European Union
- -
- January 3 2007
The Commission has published its interim report on the competition inquiry into the business insurance sector, which shows evidence of fragmented markets and highlights factors that may adversely affect competition
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