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CMS Cameron McKenna Nabarro Olswang LLP

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PPF compensation regime in breach of EU law

European Union, United Kingdom - September 6 2018 The Court of Justice of the European Union (CJEU) has ruled today that the Pension Protection Fund regime does not satisfy European law requirements

Court of Appeal overturns restrictive interpretation of litigation privilege in ENRC dispute with SFO

United Kingdom - September 10 2018 In its highly anticipated judgment regarding the scope of legal privilege in relation to documents created during internal investigations, the Court

Brexit update for financial services firms - week ending 7 September 2018

United Kingdom - September 12 2018 Michel Barnier expressed his views on Her Majesty’s Government (HMG) White Paper proposals (or ‘the Chequers deal’) for a bifurcated approach to the

Success fees and expert evidence in the Upper Lands Tribunal

United Kingdom - September 12 2018 A recent Upper Tribunal decision has emphasised the importance of the independence of expert witnesses reflecting, if stopping short of adopting, the

Court rules SFO can require foreign corporates with a “sufficient connection” to the UK to produce overseas documents

United Kingdom - September 12 2018 On 6 September 2018, the Administrative Court rejected a judicial review challenge brought by KBR, Inc. (a US company) against the Serious Fraud

EU to define 100’s of billions pa of sustainable investment

European Union - September 21 2018 It is easy to ask: what does sustainable investment mean? The answer is not simple even though a lot rides on it. In the EU climate and energy space

Bulgaria amends tax litigation laws, President to refer changes to high court

Bulgaria - September 20 2018 The Bulgarian parliament has adopted amendments to both the Administrative Procedural Code and the Tax and Social Security Procedural Code that impact

Reforming leasehold enfranchisement: the proposed solutions

United Kingdom - September 20 2018 As reported in Law-Nows the Law Commission has been tasked by Government to address the need for reform in residential leasehold. This follows the

Ukraine simplifies procedures for developing renewable power plants

Ukraine - September 19 2018 On 4 September 2018, the Ukrainian parliament passed the law “On Amendments of Certain Legislative Acts of Ukraine (in Relation to Investment

New currency protection principles for export activities

Turkey - September 19 2018 The Ministry of Treasury and Finance issued a Communiqué on 4 September 2018 (numbered 2018-3248) that restricts how Turkish entities may treat the