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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.
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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. 
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SFO corporate co-operation guidance

14 Aug 2019
The Serious Fraud Office (SFO) published its much awaited corporate co-operation guidance on 6 August. Whilst the guidance delivers some much sought after clarity and should assist with accelerating investigations, there are some question marks over whether it sets the co-operation bar too high.