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Article 03/31/2023
Building safety regulation - what is in the pipeline for construction professionals?
In the past six months, we have seen the launch of over 15 consultations and countless new guidelines on building safety in England and Wales. Such a high level of regulatory activity on one topic in a relatively short period of time is rather unusual. In this article, we provide an overview of the potential key changes for construction professions and highlight some of the potential implications for our clients.
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Article 03/31/2023
Personal Injury Brief: latest decisions - March 2023
A roundup of recent court decisions raising issues relating to recovering contributions from Part 20 defendants, Part 36 split liability offers, how to approach the valuation of low value motor claims involving whiplash and non-whiplash injuries, and the test for an ‘unusual and unexpected’ event within the Montreal Convention.
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Article 03/31/2023
FCA’s sustainability disclosure requirements – considerations for insurers
Following the closing date for submissions to the FCA CP22/20 consultation on 25 January 2023, the FCA has attracted government scrutiny over their proposals for a UK regime for financial services Sustainability Disclosure Requirements.
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Article 03/31/2023
Personal Injury Brief: market insights – March 2023
A summary of key developments including upcoming changes to the Qualified One-Way Cost Shifting regime, the Ministry of Justice call for evidence on the discount rate in England & Wales, and takeaways from The American Congress of Rehabilitation Medicine conference.
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Article 03/31/2023
Construction Brief: latest decisions March 2023
This update includes a round-up of recent court decisions and a CMA ruling dealing with breach of competition law, dispute resolution clauses and limitation, enforcement of an adjudication decision by a dormant company, terms and conditions of purchase orders and remediation compensation orders.
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Case review 03/29/2023
Costs litigation in the modern age of cryptocurrency - can an unknown defendant make costs submissions in detailed assessment proceedings?
In this digital age, where the internet allows for anonymity and cryptocurrency is obtaining ever increasing legitimacy, it is interesting to consider how these societal shifts will impact civil litigation and specifically, the costs implications for parties arising out of litigation.
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Article 03/27/2023
New legal framework for foreign reinsurers and intermediaries in Ecuador
On Friday February 24, 2023, the Superintendence of Companies, Securities, and Insurance (SCVS) issued new provisions on the requirements that foreign reinsurers and reinsurance intermediaries must meet in order to obtain or maintain their license to do business in Ecuador from abroad.
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Article 03/24/2023
Hong Kong Regulatory Insurance Update February 2023
In this February 2023 edition of Regulatory Insurance Update, the Hong Kong Corporate & Commercial Team provide the latest updates relating to the law and regulations, developments, and news in the insurance industry in Hong Kong.
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Article 03/23/2023
Castano v. Augustine: Strict construction of the law at odds with New Jersey public policy?
Over time, New Jersey’s No Fault Act has evolved to incorporate additional restrictions on an injured party’s right to sue for injuries resulting from an auto accident. These restrictions, viewed as a trade-off for the Act’s promise of prompt payment of medical expenses regardless of fault, serve to impose the “draconian consequence” of completely foreclosing a prospective plaintiff’s cause of action should they run awry of requirements of the Act.
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Article 03/22/2023
The new Consumer Duty and the impact on brokers
The FCA’s new Consumer Duty is due to come into force this July, as noted in our report 'Insurance forecast 2023: claims trends and future risks'. The Consumer Duty will have a significant impact on insurers and insurance intermediaries. This article specifically focusses on the impact of the new Consumer Duty on insurance brokers.