News: December 2018
Where does the Bail-In power come from? The EU Bank Resolution and Recovery Directive (“BRRD”) contains the power for regulators to write-down and/or convert into equity a failing institution’s liabilities. The relevant provision of BRRD is Article 55. When does Bail-In apply and what liabilities does it attach to? Article 55 of BRRD requires EEA […]
Earlier this week the Government set out their ‘Good Work Plan’ in response to last year’s Taylor Review into employment status and the gig economy. The Government announced these proposals as “the largest upgrade in workers’ rights for a generation”. How does the Good Work Plan seek to protect “gig economy” workers? The Taylor review […]
The Pension Scheme Trustee was dead. There is no doubt whatever about that. The register of its burial was signed by the lawyer, the actuary, the pension consultant and the accountant. Trustee Scrooge signed it, and Trustee Scrooge’s name was good for anything he put his hand to. The Pension Scheme Trustee was as dead as […]
This month saw the government make various draft legislation to ensure that UK legislation is amended and will continue to function correctly post-Brexit by removing references to comply with EU legislation or obligations and reflects that the UK will no longer be a member state. The government has plenty of planning reform proposals in the […]
Introduction Confidentiality is a highly pertinent issue in public procurement challenges. Challengers often seek disclosure of the winning bidder’s tender, together with all of the contracting authority’s associated evaluation and scoring materials. This documentation inevitably contains commercially sensitive information that the winning bidder wishes to keep confidential and out of sight of its competitors (including […]
Two local lawyers at national law practice Freeths have been shortlisted for the Legal 500 UK awards 2019. Run by the publishers of the renowned series of independent guides to the legal profession, the awards are made to elite legal practitioners, based on extensive research into the UK legal market – involving over 50,000 interviews […]
Everyone loves a good Christmas party and a well-planned corporate gathering can do wonders for morale. But as headlines have shown, employers are becoming increasingly alive to the risks they face from the simple act of trying to reward staff. Secret Santa, a ready supply of alcohol, late nights and the blurring of the corporate […]
Welcome to our final employment update for 2018. This month we take a look at a salutary tale arising from a Christmas party, the Morrison’s data breach, a case where statistics weighed against the Co-op in a discrimination claim and one which illustrates than bonuses may not be contractually binding. Other topical issues are mental […]
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