We recognise that some legal developments need to be understood in detail.

Our publications and briefings provide an in-depth analysis of commercial and legal developments, as they happen.

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Goldman Sachs held liable for infringement by its investee company

12 Jul 2018
The EU General Court has today ruled that Goldman Sachs, which had a financial investment in the group of companies containing one of the parties found guilty in the power cable makers cartel, was correctly held liable, jointly and severally, for a fine of €37.3 million imposed on the cartelist Prysmian. There was no evidence that Goldman Sachs (or its investee vehicle) had instigated the cartel or been involved in it: but that is not something, the General Court said, the EU Commission is required to demonstrate in order to hold a parent company jointly and severally liable with the relevant subsidiary for payment of the fine. Once one member of the "undertaking" is found guilty, that gives rise to the collective responsibility of all the principals in the group structure for the breach of the competition rules. 
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FCA proposes further consumer support and protection in the retirement income market

12 Jul 2018
The Financial Conduct Authority (FCA) has launched a consultation on a package of measures designed to protect consumers, improve engagement and promote competition in the retirement income market. Alongside the consultation, the FCA has published the final report of its Retirement Outcomes Review, an investigation into how the pensions and retirement income sector has been working since the pension freedoms were introduced in 2015.
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Don't spoil my view (or sense of isolation)

11 Jul 2018
The recent case of Lamble v Buttaci [2018] UKUT 175 (LC) concerned an application to the Upper Tribunal (Lands Chamber) by Mr Lamble for the modification of restrictive covenants that bound his land and prevented him from replacing his "modest bungalow" with a five-bedroom two storey dwelling, a garage and a summerhouse.
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The Domino effect of no right to appeal

05 Jul 2018
In Afzal v East London Pizza Ltd trading as Dominos Pizza (UKEAT/0265/17), the Employment Appeal Tribunal (EAT) held that an employee should have been given the right to appeal when he was dismissed for failing to produce evidence of an application that extended his right to work.
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Protected disclosures – be specific!

28 Jun 2018
To form the basis of a whistleblowing claim, a protected disclosure must contain 'information' about one of a limited number of concerns that the worker reasonably believes to be a matter of public interest. The Court of Appeal has recently considered the question of what amounts to 'information' in this context in the case of Kilraine and London Borough of Wandsworth [2018] EWCA Civ 1436.
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Flavour of the year: messages from recent thematic reviews

28 Jun 2018
FCA appears, on the face of it, to have been relatively quiet of late. Its main activities have ostensibly been those forced on it by the need to implement key EU legislation, not least MiFID 2, the IDD and PSD2. There have been many speeches on FCA's approach to regulation, the importance of culture and conduct and, of course, Brexit. But there has been relatively little by way of consultation and policy papers and enforcement actions.
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Commercial leases in Scotland - proposed reform

27 Jun 2018
In May 2018, the Scottish Law Commission (SLC) issued a Discussion Paper on commercial leases in Scotland. The Discussion Paper addresses 6 aspects of commercial leasing in relation to which there is considered to be problems in practice.