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Meet Orbit the Elephant at Elmer's Great North Parade
21 Aug 2019
Womble Bond Dickinson (WBD) is proud to continue its support for St Oswald's Hospice with its involvement in this year's Elmer's Great North Parade.
Opportunistic insider trading related to a personal data breach
21 Aug 2019
The recent conviction of a second Equifax executive (Jun Ying) for insider trading after the Equifax data breach in 2017, highlights concerns about the possible interplay between data breach and insider trading. In the period from detection of a data breach to its public disclosure, insiders might try to use non-public information in securities trading, cashing in on the prediction that the disclosure of a data breach will cause stock price to fall.
The court process is not merely a rubber stamping exercise
20 Aug 2019
The High Court has refused to sanction the transfer of £11.2 billion worth of annuities from the Prudential Assurance Company (PAC) to Rothesay Life. Prior to the judgment, many viewed the court approval as a rubber stamping exercise not least because a number of hurdles had already been cleared.
WBD shortlisted for innovative lawyer awards by Financial Times
19 Aug 2019
Womble Bond Dickinson (WBD) has been shortlisted for two awards at the FT Innovative Lawyer Awards Europe 2019. The FT Innovative Lawyers Report is one of the top legal rankings in Europe and the accompanying awards are widely regarded as the best researched in the market. The report represents a unique analysis of the legal industry through interviews, extensive research and analysis including robust client, independent and expert references.
Remedies in public procurement claims: when can a declaration of ineffectiveness be granted?
19 Aug 2019
The recent case of AEW Europe LLP & Ors –v- Basingstoke and Deane Borough Council is a public procurement case which brings into focus the circumstances when the remedy of a declaration of ineffectiveness (DoI) may be available under the Public Contracts Regulations 2015 (PCR).
WBD advises syndicate on £400m revolving credit facility
16 Aug 2019
Womble Bond Dickinson's (WBD) London-based Real Estate Finance team has advised lenders Barclays, HSBC, NatWest and Wells Fargo on a £400m loan revolving credit facility (RCF) for Helical Plc.
No big surprises as first ASA rulings on harmful gender stereotyping published
15 Aug 2019
The new rules prohibiting advertisements from including gender stereotypes likely to cause harm or serious or widespread offence came into effect on 14 June 2019, after a 6 month lead-in period. It applies to both broadcast and non-broadcast ads, and has been introduced as BCAP Code Rule 4.14 and CAP Code 4.9 respectively. The ASA has not been slow to take action on this issue, having just (14 August 2019) published rulings on three ads, two of which were viewed on the very day the Rules came into effect.
