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Transatlantic litigation: service of US proceedings in the UK under the Hague Convention
Posted: 13/02/2025
In today’s global economic landscape, more and more US corporations are conducting business in foreign jurisdictions, and entering into contractual relationships with individuals and entities based abroad. Much of that business is conducted in the UK. In 2023, the US was the UK’s largest import and export partner for services and was......>>
The Law Society’s guidance on climate change: reducing or raising the risk of professional negligence claims?
Posted: 01/12/2023
In April 2023, the Law Society issued guidance for its members on incorporating climate change considerations into their practice ‘in a way which is compatible with their professional duties and the administration of justice’......>>
Transatlantic litigation: an overview of the key agencies and regimes involved in transatlantic investigations
Posted: 28/04/2023
As financial crime increasingly transcends global boundaries, cooperation between national law enforcement agencies also expands significantly. This is particularly true of cooperation between UK and US law enforcement agencies. This article summarises the roles and key powers of the investigatory and law enforcement agencies......>>
The first crypto insider trading case: the SEC’s charge against ex-Coinbase manager
Posted: 30/09/2022
The US Securities and Exchange Commission (SEC) recently saw its first insider trading case involving cryptocurrencies. The case comes just weeks after the US Department of Justice (DOJ) brought insider trading charges against an employee of OpenSea, a marketplace for non-fungible tokens (NFTs)......>>
More digital asset litigation: Court of Appeal to analyse the potential duties of blockchain developers
Posted: 31/08/2022
The judgment of the English High Court in March 2022 in Tulip Trading Limited -v- Bitcoin Association for Bitcoin SV (BSV) & Others was a seminal decision in the arena of digital assets. The judgment of Mrs Justice Falk provided comfort to blockchain developers that they are not accountable to users of their software who are victims of a hack......>>
A high-level guide to UK prosecutorial and enforcement agencies
Posted: 17/08/2022
It is now widely accepted that financial crime is not ‘victimless’, but rather is wrongdoing which has a pervasive detrimental effect on legitimate commerce, and civilised society in general. As a result of this, many jurisdictions have introduced legislation establishing broad anti-financial crime regimes, policed by expert law enforcement agencies......>>
Tough criminal and financial penalties on the horizon for a host of cyber offences
Posted: 08/03/2022
Tech companies and bosses could face tough penalties and significant sanctions if they fail to keep their platform’s content compliant. In recent years there has been a dramatic increase in online crime, with more than 200,000 offences recorded last year, up from 114,000 two years ago......>>
Authorised Push Payment fraud: should the alarm bells be ringing?
Posted: 22/12/2021
According to UK Finance, consumers lost a whopping £355.3 million to Authorised Push Payment (APP) fraud in the first half of 2021, an increase of 71% compared to the same period last year. The vast majority of the funds lost due to APP fraud are never recovered, sadly leaving consumers and businesses out of pocket......>>
Challenging markets – the risks to directors of energy companies in financial difficulty
Posted: 18/10/2021
The coronavirus pandemic posed a significant challenge to the financial health of businesses across the UK. A sector additionally at the mercy of the markets following the easing of lockdown restrictions is the energy industry, with the wholesale price of natural gas (measured on a pence per therm basis) having risen dramatically......>>
Directors beware! The civil penalties for ransomware
Posted: 07/09/2021
Over the past six months or so, you would be hard pressed not to have read or heard about a cyber-attack. Attacks on the Colonial Pipeline in the United States; on Brenntag, a German chemical distribution company operating in over 77 countries; on the Harris Federation Schools, the largest academy trust in the UK where data from 38,000 pupils was stolen......>>
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