Posted by Stewart Wilkinson, Partner
UK top 100 law firm Royds Withy King has strengthened its Dispute Resolution team in London with the appointment of partner Jamie Lester. Jamie joins the firm today (1 May) from specialist Lincoln’s Inn law firm Hunters where he has …
Posted by Stewart Wilkinson, Partner
Following on from the introduction of the EC ADR (Alternative Dispute Resolution) Directive in 2015 (which in the UK designates the Financial Ombudsman (FOS) as the appropriate mediator for financial services disputes), the European Court of Justice has held that it is possible for national legislation to require a consumer to attempt to mediate a dispute before allowing a court claim to proceed.
Posted by Stewart Wilkinson, Partner
The Banking Industry standards organisation, the Wolfsberg Group, made up of 13 leading banks, which aims to develop frameworks and guidance for the management of financial crime risks has issued new guidance on Anti-Bribery and Corruption (ABC) compliance for financial institutions. These form the current measure of best practice for banks and other financial services businesses.
Posted by Stewart Wilkinson, Partner
UK Top 100 law firm Royds Withy King has been instructed to advise on the compulsory liquidation of a national chain of 122 clothing retail shops, known as Store Twenty One by its liquidators, Simon Bonney, Carl Jackson and Paul …
Posted by Stewart Wilkinson, Partner
Royds Withy King has partnered with market leader QLP to offer commercial clients a facility to financially strengthen their claims and manage the cost of litigation.
Posted by Stewart Wilkinson, Partner
East Bergholt Parish Council has won its battle against Babergh District Council in a test case which will have immediate implications for housing developments in the area as well as the district– and potentially in other parts of rural England …
Posted by Stewart Wilkinson, Partner
Royds Withy King represent East Bergholt Parish Council in a test case with potentially far-reaching implications for housing developments in rural England.
Posted by Stewart Wilkinson, Partner
Four former traders at Barclays Bank have been sentenced to a total of 17 years in prison after being convicted of manipulating US Dollar LIBOR. Jonathan Mathew, a LIBOR submitter, was jailed for four years. Jay Merchant and Alex Pabon, …
Posted by Stewart Wilkinson, Partner
Last week the Royds and Royds Withy King Commercial Dispute Resolution teams met in Royds Withy King’s Bath Office for an afternoon of introductions and team training.
Posted by Stewart Wilkinson, Partner
More than 3,000 creditors could be wiped out following the collapse of retail giant BHS. The department store chain went into liquidation earlier this month – the biggest High Street casualty since the demise of Woolworths eight years ago. Former …
Posted by Stewart Wilkinson, Partner
The Serious Fraud Office (SFO) spent just over £2million on an investigation into alleged rigging of the foreign exchange (Forex market). The amount of money spent on the probe – which started in July 2014 and ran until March this …
Posted by Stewart Wilkinson, Partner
The Insurance Act 2015 received Royal Assent on the 12 February last year. It represented a major change to the Marine Insurance Act which served very well for over 100 years. The Marine Insurance Act was a clear and well …