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Latest City Law News
The Court of Appeal in Re Digital Satellite Warranty Cover Limited has held that extended warranties covering satellite television equipment were contracts of insurance and the businesses selling them were carrying out regulated activity that fell under the regulation of the Financial Services Authority (“FSA”).
In a recent case based on the failure of a party to comply with an “unless order”, the court reviewed the principles of legal professional privilege. An unless order, as its name suggests, is an order providing that a certain act must be done by a party to proceedings by a certain date or a specified result will follow (often the entry of judgment against the defaulting party).
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The Employment Appeal Tribunal (EAT) January 2011
The issue was whether the allocation of share options which vastly differed between the female Claimant, Hosso, and her male comparator fell under the Equal Pay Act (EqPA) or the Sex Discrimination Act (see s.6(6) SDA).
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The European Commission (EC) has recently published proposals to revise the Markets in Financial Instruments Directive (MiFID), referred to as MiFID II. The original Directive came into force in November 2007 and the new proposals aim to make financial markets more resilient and efficient.
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City Law Financial LLP
1 King's Arms Yard,
London EC2R 7AF
t +44 207 367 0100
f +44 207 022 1592
e info@city-law.net
Member
Paul Fallon
Registered in England and Wales
(OC341522) Authorised and Regulated
by the Solicitors Regulation Authority