Author Archives: Claire Tourret

English court dismisses section 68 challenge to calculation of ICC award

Posted on October 2, 2023 by Claire Tourret

LMH v EGK [2023] EWHC 1832 (Comm), 19 July 2023 The English Commercial Court has dismissed a challenge to an award under section 68 of the Arbitration Act 1996 (AA 1996), noting that there was nothing about the course of …

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Introducing the new FCA Consumer Duty

Posted on October 1, 2023 by Claire Tourret

From 31 July 2023, the new Consumer Duty applies to all new and existing regulated financial products or services that are open to sale and renewal. This will extend to closed products or services from 31 July 2024. Head of …

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Planning Across the Pond (Part 1)

Posted on September 27, 2023 by Claire Tourret

Aidan Grant is joined by Reshma Shah of Duane Morris to discuss what US-focused estate planning looks like and how this can change where a UK taxpayer is involved. Run time: 25 minutes

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UK Supreme Court rules Mozambique Tuna Bonds case can be tried in England

Posted on September 21, 2023 by Claire Tourret

On 20 September 2023, the UK Supreme Court (“UKSC”) handed down a significant judgment in Republic of Mozambique v Privinvest Shipbuilding SAL (Holding) & Ors [2023] UKSC 32 (aka the “Tuna Bonds” case). The judgment concerns the question of whether …

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Is working from home actually more productive?

Posted on September 20, 2023 by Claire Tourret

A recent study by Stanford’s Institute for Economic Policy in the US found that remote work increased significantly during the pandemic, with approximately 10% of workers fully remote, primarily in tech-related roles. However, their productivity was somewhat lower than the …

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Jumping across the Atlantic?

Posted on September 18, 2023 by Claire Tourret

Aidan Grant is interviewed by Ben Small of Ibanista to discuss pre-arrival tax planning for Americans moving to the UK. This episode was first published as part of Just Jump, a podcast series hosted by Ibanista. Run time: 37 minutes

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Decision making at board and shareholder level

Posted on September 5, 2023 by Claire Tourret

In this podcast, Partner Ragavan Arunachalam and Associate Helen Ingram from our Commercial services team discuss key considerations for directors over the course of their appointment and what governs the decisions to be taken in respect of a company. Topics …

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FCA ‘De-Banking’ Clampdown May Need Gov’t Backing

Posted on September 5, 2023 by Claire Tourret

It is no secret that, as the digital economy continues to boom and currency is sent flying around the world with unprecedented ease, banks have struggled to balance their compliance responsibilities with their customer care obligations. However, the recent bank …

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More UK Collective Actions On The Horizon After Forex Ruling

Posted on August 25, 2023 by Claire Tourret

On July 25, in Evans v. Barclays Bank PLC,[1] the Court of Appeal of England and Wales ruled that an opt-out collective proceedings order was the appropriate order, thus allowing the collective proceedings to continue. The decision reversed a March 31, 2022, …

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American Philanthropy (Part 2)

Posted on August 17, 2023 by Claire Tourret

Aidan Grant returns with Joe Crome from the Charities Aid Foundation to discuss charitable giving and how to ensure it remains tax-efficient for US/UK taxpayers. Run time: 19 minutes

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