1. Non-financial misconduct – FCA guidance expected
It is anticipated that in 2023 the Financial Conduct Authority (FCA) will provide further guidance on the increasingly
Continue Reading 5 Trends to Watch: 2023 UK Contentious Financial Regulation
UK Supreme Court Confirms Existence of Directors’ Duties to Creditors
In BTI 2014 LLC v. Sequana S.A. [2022] UKSC 25 (Sequana) the UK’s highest court, the Supreme Court (the Court), has considered for the first
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UK and U.S. Announce ‘Enhanced Partnership’ on Economic Sanctions Implementation, Enforcement
The United Kingdom and United States announced in a joint statement on 17 October a new strategy to cooperate and collaborate further on economic sanctions
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Tenant Restructuring Plan Does Not Relieve Third-Party Guarantor of Payment Obligation, English Court Rules
On 15 August 2022, Deputy Master Arkush handed down judgment in the case of Oceanfill Limited v Nuffield Health Wellbeing Limited and Cannons Group Limited
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Wined and Fined: OFSI Imposes Financial Penalty on UK Company for Publicising Sanctioned Crimean Winery
Co-authored by London Associate Tina Kang.
The UK Office of Financial Sanctions Implementation (OFSI) announced on 27 September that it imposed a £30,000 penalty on
Continue Reading Wined and Fined: OFSI Imposes Financial Penalty on UK Company for Publicising Sanctioned Crimean Winery
Claimants Seeking to Enforce English Judgments in the UAE Now Have Cause to Celebrate
On 13 September 2022, the United Arab Emirates Ministry of Justice issued a letter, signed and sealed by the Director of the International Cooperation Department,
Continue Reading Claimants Seeking to Enforce English Judgments in the UAE Now Have Cause to Celebrate
FCA Publishes Final Rules for Reform of the Appointed Representative Sector
The UK Appointed Representative Regime (ARR) enables certain businesses – Appointed Representatives (ARs) – to conduct UK-regulated activities without having to be authorised by the
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GT Newsletter | Competition Currents | June 2022
The June 2022 issue of Greenberg Traurig’s Competition Currents is out, highlighting significant developments in global antitrust and competition law for clients and colleagues.
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‘An unusual case in all sorts of ways’ – English High Court Considers Administration Application for Russian VTB Bank’s London Arm
In a hearing yesterday, 6 April 2022, the High Court considered an application of the directors of VTB Capital PLC (VTB UK) for the appointment
Continue Reading ‘An unusual case in all sorts of ways’ – English High Court Considers Administration Application for Russian VTB Bank’s London Arm
Greenberg Traurig Succeeds in Limitation Trial for Client Tradition Financial Services Ltd
In a judgment handed down by Marcus Smith J, the High Court Judge (Chancery Division) held that the Claimants’ claims brought against Tradition Financial Services
Continue Reading Greenberg Traurig Succeeds in Limitation Trial for Client Tradition Financial Services Ltd