Legal and Financial Risk – July 2014
Hogan Lovells Legal and Financial Risk is a bi-monthly newsletter on recent legal developments that will impact upon corporates and financial institutions.
In this issue:
- Cosmetic clinicians' denial of liability for misleading statements in product manufacturer's promotional material raises a few eyebrows in the Court of Appeal
- Assets of non-defendant companies were covered by a freezing injunction
- The Court of Appeal recalibrates Mitchell test to avoid future satellite litigation over procedural breaches
- ISDA amendment introduces time limit for withholding payments from defaulting parties
- Potential expansion of civil antitrust damage liability in Europe – umbrella damages actions allowed in principle
- Potential judicial review proceedings on the jurisdiction of the FOS
- Commercial Court considers when a benefit obtained from a repudiatory breach of contract should be accounted for in the assessment of damages
- FOS annual review 2013/2014
- FCA publishes policy statement on Enhanced Supervision regime
- FCA reviews the client assets regime to improve the protection of client money and custody assets
Read the full newsletter: 'Legal and Financial Risk – July 2014'