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Financial institutions e-briefing: FSDR update: Late Payment of Commercial Debts Regulations: changes to the accrual of statutory interest for late payment of debts

United Kingdom - April 8 2013 The Late Payment of Commercial Debts Regulations 2013 came into force on 16 March 2013. The Regulations amend the Late Payment of Debts (Interest) Act…

Financial institutions e-briefing: FSDR update: forum conveniens and piercing the corporate veil

United Kingdom - April 8 2013 The Supreme Court has considered the circumstances in which the corporate veil can be pierced, whilst also considering the appropriate jurisdiction…

Financial Institutions e-briefing: FSDR update: Norwich Pharmacal: proportionality and the disclosure of personal data

United Kingdom - January 30 2013 The Supreme Court upheld the decision of the Court of Appeal granting a Norwich Pharmacal disclosure order, requiring the respondent to provide the…

Financial Institutions e-briefing: FSDR update: Upper Tribunal overturns FSA decision on market abuse

United Kingdom - January 30 2013 On 28 July 2010, the FSA issued a Decision Notice to Mr David John Hobbs fining him for market abuse and imposing a prohibition order on him under…

Gregory Brandman.

Financial Institutions e-briefing: FSDR update: The High Court refuses to impose a cost sanction on a party for refusing to mediate

United Kingdom - January 30 2013 The Court held that a successful party should not be penalised in costs for having declined to mediate, as its refusal to do so had not been…

Gareth Hill, Isabelle Makeham.