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The Delta Report: Derivatives Newsletter, September 2016
  • White & Case LLP
  • European Union, Global, Hong Kong, United Kingdom, USA
  • September 23 2016

On March 16, 2016, the Commodity Futures Trading Commission (“CFTC”) approved a final rule (“TO Final Rule”) that amends its trade option exemption


Newsflash: O’Hare v Coutts
  • Clyde & Co LLP
  • United Kingdom
  • September 21 2016

Bolam Over? A new standard of care for financial advisers Since 1957 the test for standard of care in professional negligence claims has been the


Payment services & e-banking: is information “provided” on a “durable medium” if it’s sent by email
  • Cooley LLP
  • European Union, United Kingdom
  • September 21 2016

BAWAG PSK Bank, Austria provides e-banking services. To do this, it creates a mailbox for every BAWAG e-banking customer, which is accessible by


High Court sets aside Norwich Pharmacal order served outside jurisdiction
  • RPC
  • United Kingdom
  • September 20 2016

In AB Bank Ltd v Abu Dhabi Commercial Bank PJSC the High Court set aside a Norwich Pharmacal order made against the Abu Dhabi Commercial Bank


How the impending Brexit impacts the legal framework of doing business with the UK- the German perspective
  • Heuking Kühn Lüer Wojtek
  • European Union, Germany, United Kingdom
  • September 20 2016

In a referendum, held in the United Kingdom on June 23, 2016, a majority of voters decided in favor of the United Kingdom of Great Britain and


Financial Advisors: advising on suitability of investments
  • CMS
  • United Kingdom
  • September 20 2016

The High Court has dismissed a claim that, in advising on investments, a private bank breached its duty to exercise reasonable skill and care


Banking and Finance Dispute Resolution - September 2016
  • Macfarlanes LLP
  • United Kingdom
  • September 19 2016

In Novus Aviation Limited v Alubaf Arab International Bank BSC 2016 EWHC 1575 (Comm), the Commercial Court determined that a letter of commitment


Mortgagee’s priority for further advances
  • Berwin Leighton Paisner LLP
  • United Kingdom
  • September 15 2016

On 26 October 2006, Black Ant Company Ltd (“Black Ant”) granted an “all monies” legal charge to Dunbar Bank plc (“Dunbar”) over a development site at


A long way from Norwich: Jurisdiction in NPOs revisited
  • Boodle Hatfield
  • United Kingdom
  • September 14 2016

As the area of law surrounding Norwich Pharmacal Orders(NPOs) has grown in recent years, applications for an NPO in situations where the respondent


Mixed Blessings - Sainsbury’s Supermarkets Ltd v MasterCard Incorporated and others 2016 CAT 11
  • Reed Smith LLP
  • United Kingdom
  • September 13 2016

This case is very important in that it is one of the first judgments where damages have been awarded for breach of competition rules in UK. It relates