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Webinar recording: navigating AI's impact on commercial contracting
Posted: 22/05/2025
With AI increasingly integrated into business operations, contracts must evolve to address unique risks, opportunities, and regulatory considerations. This insightful session, recorded from our recent webinar, provides valuable insights into the evolving landscape of commercial contracts related to AI technology. Understand the implications on......>>
Queen Elizabeth – salvaging an icon
Posted: 21/05/2025
To celebrate the bicentennial of the founding of heritage maritime law firm Thomas Cooper in 1825, lawyers from Penningtons Manches Cooper are, for each month of 2025, chronicling a different standout case conducted by the firm across its two centuries of English legal practice. This fifth instalment focusses on the salvage of the......>>
Safeguarding your legacy: a key takeaway for family businesses from the sale of Royal Mail
Posted: 19/05/2025
Following months of speculation, the UK government has recently given the go-ahead for the sale of the parent company of Royal Mail; an historic UK institution dating back to the reign of Henry VIII. With the sale of this national icon to the non-UK EP Group, it is not surprising that the government has imposed some 'strings' as a......>>
Immigration White Paper 2025 - restoring control over the immigration system
Posted: 15/05/2025
The government's white paper published on 12 May 2025 promises to radically reform the immigration system so that it is 'controlled, managed and fair'. While there has been a lot of talk in the press about the timing of the release of the paper, in reality the government has been working on a proposal to reform the immigration and skills system......>>
Smooth sailing or rough seas? The Arbitration Act 2025 and its maritime implications
Posted: 14/05/2025
Nearly three decades after the enactment of the Arbitration Act 1996, the United Kingdom has introduced a carefully considered update with the Arbitration Act 2025 to better align with the evolving landscape of dispute resolution. Although the act received royal assent on 24 February 2025, it has yet to come into force......>>
MSC Flaminia in the Supreme Court - charterers have limitation rights under the 1976 convention, even against the shipowner
Posted: 12/05/2025
The recent Supreme Court judgment in MSC Mediterranean Shipping Company SA v Conti 11 Container Schiffahrts-GmbH & Co KG MS [2025] UKSC 14 provides crucial clarification on the right to limit liability under the 1976 Convention on Limitation of Liability for Maritime Claims. On 14 July 2012, an explosion occurred on board......>>
Recent FCA financial crime enforcement actions
Posted: 09/05/2025
This article discusses the FCA's recent enforcement actions in respect of financial crime failings at Starling Bank and Metro Bank. These actions demonstrate the FCA's heightened scrutiny of firms' financial crime systems and controls, focusing on sanctions (in the case of Starling Bank) and the use of automated transaction monitoring system......>>
FCA updates its Financial Crime Guide
Posted: 09/05/2025
Financial crime remains a top priority for the Financial Conduct Authority (FCA), with a particular focus on sanctions in light of the ongoing geopolitical tensions with Russia. In order to strengthen firms' financial crime systems and controls, the FCA updated its Financial Crime Guide in November 2024, following a consultation. The sections of the......>>
From warehouse to web app: how supply chain gaps let hackers walk in
Posted: 08/05/2025
Whether you are an SME or a large organisation, establishing supply chain resilience is critical, as a business is only as strong as its weakest link. Three major British retailers were subject to cyber-attacks in recent weeks. M&S experienced a significant cyber incident, likely a ransomware attack, which significantly disrupted online sales, in-store......>>
Fashion, luxury and lifestyle news aggregator - May 2025
Posted: 06/05/2025
The fashion industry is likely to be among the hardest hit by Trump's reciprocal import tariffs, with 98% of clothing sold in the US being imported, in particular from China and Mexico. The tariffs include a 10% duty on all imports to the US, but those countries with whom America has bigger trade deficits (which include China and Vietnam) face a higher......>>
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