THE LAWYER: Briefings Digest
TThis week the Briefings bowl is full of nutritious alphabet soup — perfect for a cold, grey City where, notwithstanding all those salary rises and promotions, anxiety throngs the air, holiday plans are being cancelled and the spectre of Christmas…
May reaches tentative Brexit deal on financial services for the UK and EU
From WN The Times was reporting Prime Minister Theresa May had struck a deal with Brussels on Wednesday which would give the United Kingdom’s financial services companies continued access to European markets after Brexit. Government sources said British and European…
Media pirates walk the plank: extraordinary remedies against copyright infringers
August 06 2018 | Contributed by Smart & Biggar/Fetherstonhaugh From ILO Intellectual Property Canada Introduction In most jurisdictions, copyright owners face numerous challenges when seeking to enforce their rights against media pirates, including with regard to: ongoing harm pending judgment;…
A health crisis has led Fiat Chrysler and Ferrari CEO Sergio Marchionne to step down
By Matthew DeBord and Reuters from Business Insider Fiat Chrysler Automobiles and Ferrari CEO Sergio Marchionne is stepping down amid a health crisis. Marchionne had experienced complication following surgery. Marchionne took over Chrysler and merged it with Fiat during the…
PRA and FCA clarify impact of Brexit transition for insurance sector
April 24 2018 | Contributed by Herbert Smith Freehills LLP From ILO Background to latest announcements What are the PRA and FCA saying now? PRA confirms approach to incoming branches and subsidiarisation Impact on services business Recent announcements made by…
Anton Yelchin’s parents sue Fiat Chrysler over actor’s death
By Ashlee Kieler From Consumerist Six weeks after the death of Star Trek actor Anton Yelchin was potentially linked to the confusing gear shifter in recalled Jeep, Dodge, and Chrysler vehicles, the man’s family has filed a wrongful death and…
Federal Court grants Janssen nearly C$20 million against Teva for patent infringement
By Kevin Siu Contributed by Smart & Biggar/Fetherstonhaugh From ILO Facts Janssen US’s standing to claim damages Quantum of damages Pre-judgment interest Mitigation Facts On May 31 2016 the Federal Court issued its public judgment in Janssen Inc v Teva…
Three further bans for Libor manipulation
By Kathleen Harris, Stuart Baker, Michael J Atkinson, James McSweeney Contributed by Arnold & Porter (UK) LLP From International Law Office On March 2 2016 the Financial Conduct Authority (FCA) announced that it had prohibited Mr Michael Curtler, a former trader at Deutsche Bank, from…
Three further bans for Libor manipulation/ Bribery Act 2010 sentencing of Sweett Group Plc
By Kathleen Harris Stuart Baker Michael J Atkinson James McSweeney – Arnold & Porter LLP From International Law Office (ILO) Three further bans for Libor manipulation On March 2 2016 the Financial Conduct Authority (FCA) announced that it had prohibited…
UK: Banks told to declare links to Panama Papers law firm by next week
By Jill Treanor, Rowena Mason and Juliette Garside Financial Conduct Authority sets financial firms deadline to check if they have links to Mossack Fonseca Banks and financial firms have been told to hand over any information about their dealings with the…