Insights: January 2020

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Swiss banks given green light for outsourcing

Tim Wright |

The Swiss Financial Market Supervisory Authority (FINMA) has implemented changes to its supervisory requirements in relation to outsourcing solutions at banks, securities dealers and insurance companies (referred to as companies). FINMA issued a revision[1] to Circular 2018/3 “Outsourcing – banks and insurers” (the Outsourcing Circular) which came into effect on 1 January 2020 although there […]

Harry and Meghan's trade mark problem - third party jumps on the bandwagon and applies to register same mark in the EU to cover "jewellery" and "beer"

Michelle Waknine |

The Duke and Duchess of Sussex submitted a trade mark application with the World Intellectual Property Office last year to register “SUSSEX ROYAL” in the UK, EU, Australia, Canada and the US. The application covers a range of goods and services in six classes, including printed publications; clothing; promotional and public awareness campaigns; volunteer projects […]

Is your outsourcing strategy fit for 2020? Take a fresh look at the Vested® model

Tim Wright, Michelle Waknine, Joshua Bennett |

The award-winning Vested® outsourcing/business model has been around since around the end of the noughties. In case you are not familiar with it, the Vested[1] model and movement grew out of pioneering research and development by a team at the University of Tennessee. Their research looked at companies that worked with business partners and were […]

Fladgate hires new dispute resolution partner

Bree Taylor, John Evans |

Fladgate is delighted to announce the appointment of commercial litigation and international arbitration specialist John Evans as a partner in the Firm’s Dispute Resolution department. John brings with him a wealth of international commercial arbitration experience spanning across Europe, the US, Africa, Russia and the CIS. He has acted for both claimants and respondents in […]

Fladgate leads private investors to victory in Privy Council

Mark Buckley |

Fladgate has successfully led its client Peepul Capital Fund II LLC and Millenium Strategic Group Limited (“the investors”) to victory in a $23 million worth share dispute case against VSoft Holdings LLC, a Georgia-based digital banking software company. The Judicial Committee of the Privy Council, the highest appellate court for UK territories, ruled that VSoft […]

'Tis The Season For Festive Squatters

Kirsty Smith |

We have previously written about the problems caused to property owners by squatters targeting vacant buildings to occupy, particularly over the Christmas period. This article is a reminder of the problems caused by, and the ways of dealing with, squatters in residential and commercial properties. Commercial premises  Squatters often look for vacant units from which […]

Project Bank Accounts - Should You Consider Using One On Your Project

Oliver Tobin |

Delayed payments, overrunning costs and insolvency are an increasingly common reality of construction projects in the United Kingdom.  The insolvency of key members of the supply chain can derail a project, yet sub-contractors – who commonly work to tight margins – are often forced to wait months before receiving payment. Developers should always be mindful […]

Minimum Energy Efficiency Standards (MEES) Regulations - Protecting Your Assets

Kirsty Smith |

From 1st April 2018, there has been a requirement under the MEES Regulations for any new tenancies or tenancy renewals of properties rented in the private rented sector, whether commercial or residential, to have a minimum energy performance rating of ‘E’ on an Energy Performance Certificate (EPC). Since 1 April 2018 it has therefore been […]

Vendor Software Audits

Tim Wright |

Software Audits – are you ready? T Wright, Partner, Fladgate If you use software provided by the likes of Adobe, HP, IBM, Microsoft, Oracle, SAP or VMware, it is quite likely that you will have been, or will be audited, to see whether your use of their software complies with the terms on which their […]