Exploring Breach of Mandate Claims – Banking Quincecare claims and asset recovery after the Supreme Court ruling of Philipp v Barclays Bank Plc [2023]
Quincecare claims garnered renewed attention last year after the Supreme Court decision in Philipp v Barclays Bank UK plc [2023] UKSC 25 (“Philipp v Barclays Bank”), which considered the scope of the Quincecare duty. As a result, Insolvency Practitioners may already be familiar with Quincecare claims as a recovery tool in company insolvencies. However, the judgment provides valuable guidance in […]
Read MoreSellers prepare legal action against Amazon claiming tens of millions of their funds were frozen unlawfully
London, 3 October 2024 – Amazon sellers are today preparing to take legal action in the UK against the US e-commerce giant, claiming it has unlawfully frozen tens of millions of their hard-earned sales proceeds. The legal action will aim to win compensation for affected sellers and force Amazon to unfreeze their funds. Sellers whose funds remain frozen by Amazon […]
Read MoreThe EU AI Act: Implications for UK Businesses and the Future of Artificial Intelligence (“AI”) – Part 2
In Part 1, we explained the scope, key principles, and penalties under the new EU AI Act (the “Act”), the most ambitious regulatory framework so far devised for artificial intelligence. In Part 2, we consider the obligations imposed on developers and users of AI systems and reflect on key legal and practical obstacles in the Act’s way. Q&A Q: What […]
Read MoreRosenblatt’s Small Claims Training Module – The Complete Series
The law is in place to help businesses owed £8,000 as much as it is PLCs owed £8 million, but if it can be expensive to hire lawyers, what hope is there for justice? Plenty. The legal system is designed to allow people to bring their own small claims, or defend them – without the need (or cost) of lawyers. […]
Read MoreInvestment Treaty Planning: Protecting Your Projects In Saudi Arabia
Investment Treaty Planning As part of the Saudi Government’s “Vision 2030” plan to reduce the country’s long-term reliance on oil, the Kingdom of Saudi Arabia (“KSA”) intends to develop alternative domestic sectors including retail, manufacturing, construction, energy, finance, mining, hospitality and tourism.[1] To achieve this, the KSA is aiming for a twenty-fold increase in foreign direct investment to approximately $100 […]
Read MoreRecognition of Foreign Insolvency and Bankruptcy Proceedings in England & Wales
Not infrequently a debtor who is made insolvent or declared bankrupt in a foreign jurisdiction has assets in England and Wales. Creditors and insolvency practitioners (“IPs”) looking to lay claim to the assets in England must first follow certain steps to obtain recognition of the foreign insolvency by the English courts. The two key legal frameworks for recognition of foreign […]
Read MoreShame about the boat race – Recent developments in Crypto in England vs developments in America
Shame about the boat race The 168th Oxford and Cambridge boat race was held on Sunday 26 March 2023. For the first time in its history this ancient event was sponsored by a crypto-exchange, Gemini, whose American owners the Winklevoss twins, both rowed at Oxford in their university days. The contrast between this old-school English cultural event, and the relatively […]
Read MoreInternational Women’s Day – Thoughts from Rosenblatt’s Founder
In my business career, as well as in other areas where I have hoped to find success measured other than in money, I have been fortunate to work and interact with some remarkable people. Many women have and continue to feature in the progress of these endeavours and have and continue to influence my attitudes and decisions. I could, as […]
Read MoreRosenblatt’s and Grant Thornton’s Financial Crime Resilience Series: Investigations and Account Freezing Orders Session
Join Grant Thornton’s and Rosenblatt’s virtual event series on Financial Crime Resilience to gain an insight into the most pressing financial crime issues facing businesses today. In the first session, we will discuss the introduction of Asset Freezing and Forfeiture orders (AFFO) and Unexplained Wealth Orders (UWO) into UK criminal law as a civil recovery tool by the Criminal Finances […]
Read MoreWebinar: Discussing Leadership, Crisis Management and Security – Episode 1
Newgate Communications and Rosenblatt Limited recently co-hosted a webinar with Lord Bernard Hogan-Howe, former Commissioner of the Metropolitan Police and Special Adviser to Rosenblatt Limited / RBG Holdings plc, in conversation with Emma Kane, CEO of Newgate Communications. The webinar is broken down into bite-size episodes which will be published over the coming days. To watch Episode 1 – Leadership […]
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