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UK Supreme Court rules on Lehman client money case
  • Quinn Emanuel Urquhart & Sullivan LLP
  • United Kingdom
  • June 27 2012

In In the matter of Lehman Brothers International (Europe) (In Administration) and In the matter of the Insolvency Act 1986 2012 UKSC 6, the Supreme Court considered another case in the long running fallout from the collapse of Lehman Brothers

Is credible deterrence really working? And other questions arising from a mixed week for the FCA
  • RPC
  • United Kingdom
  • May 28 2015

Even though the FCA was able to trumpet that it had imposed its highest ever fine and that it had been successful in two decisions handed down by the

EU Advocate General gives landmark opinion in relation to the VAT treatment of property services to real estate funds (C-59513)
  • Eversheds
  • United Kingdom, European Union
  • May 28 2015

This week, an Advocate General gave a landmark opinion that the VAT exemption for the management of certain special investment funds can apply to

Financial services update vol. 10, issue 24
  • Winston & Strawn LLP
  • United Kingdom, USA
  • July 20 2015

In April of this year, the Department of Labor (“DOL”) proposed a rule which amends the definition of “fiduciary” under the Employee Retirement

Is it rational or right? Challenging the jurisdiction of the Financial Ombudsman Service
  • Bond Dickinson LLP
  • United Kingdom
  • February 27 2015

On Friday 20th February 2015, Mr Justice Oustley handed down his decision in R (Chancery (UK) LLP) v Financial Ombudsman Service (2015 EWHC 407

Global anti-corruption insights - Winter 2015
  • Arnold & Porter LLP
  • Global, United Kingdom, USA
  • February 27 2015

The Department of Justice and the Securities and Exchange Commission continued their focus on the Foreign Corrupt Practices Act in 2014, resolving

Financial services series 16 - FCA prosecution
  • Burges Salmon LLP
  • United Kingdom
  • February 27 2015

This briefing looks at the recent prosecution of Alex Hope by the Financial Conduct Authority ("FCA") and the wider implications of this decision for

Direct right of action in VAT claims
  • RPC
  • United Kingdom
  • February 26 2015

The recent decision of the Court of Appeal in ITC represents an important step in providing ultimate taxpayers with a direct right of action to

Investment trusts can recover some unlawful paid VAT from HMRC
  • Joseph Hage Aaronson LLP
  • United Kingdom
  • March 3 2015

On 12 February 2015 the Court of Appeal gave judgment in Investment Trust Companies (in liquidation) v Commissioners for HMRC. This was an appeal

Comments on commercial disputes and the Rolls Building Financial List Initiative
  • Duane Morris LLP
  • United Kingdom
  • July 20 2015

For almost four years, London litigators have enjoyed the use of the Rolls Building for their hearings before the Chancery Division, the Commercial