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Report 01/06/2021
COVID-19: what will it mean for the future of risk?
Our research identified five key risk themes that have implications and represent both challenges and opportunities for businesses, insurers, and wider society. This will assist in moving the conversation forward as we look beyond COVID-19, highlighting the important need to reshape the dynamic relationship between companies, households, and insurers.
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Article 12/11/2020
Asset managers are not sufficiently reporting on climate risk, TCFD consultation finds
Hurricanes, severe flooding and destructive wildfire events have been steadily increasing both in terms of frequency and ferocity. It is generally accepted that the cause of this acceleration is global warming. Changes are being made around the world to move to a carbon-neutral or carbon-zero environment.
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Article 12/11/2020
Professions and Financial Lines Brief: latest decisions December 2020
In this briefing, we consider the latest significant court decisions impacting claims arising from professional liability and financial lines policies and products. Issues covered include: misselling by banks and a bank’s duty of care, the impact of the illegality principle upon conveyancing solicitors, aggregation as applied in SRA minimum terms and conditions, the relationship between security for costs and strike out applications and the impact of prejudice where a defence is filed late.
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Report 12/11/2020
Trends update for financial risks and professions
Today’s directors and officers have significant responsibilities not only in preserving company value and ensuring success in the future but also in responding diligently to political and environmental tensions, emerging technologies, changing regulation, and the need to promote diversity. The D&O landscape will continue to be challenging as we move into 2021.
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Article 12/08/2020
Securities claims in Denmark
Securities claims are on the rise here. In recent years, Danish and international investors have pursued indemnification before the Danish courts. As large Danish corporations are often listed on stock exchanges outside of the European Union, Danish companies also face securities claims outside Denmark, in the US for example.
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News 11/27/2020
Kennedys celebrates 20 years in Hong Kong with office move
Kennedys is celebrating 20 years in Hong Kong, and is also moving to new offices.
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News 11/09/2020
Kennedys recruits new insurance partner in Melbourne
Kennedys is delighted to announce the appointment of financial lines specialist Emily Schneider as a partner in the firm’s Insurance group in Melbourne. Emily joins Kennedys from Barry.Nilsson, where she was a special counsel.
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Article 10/28/2020
Not so limited liability…a quiet warning on directors’ personal liability for company tax
Tucked away at Section 100 and Schedule 13 of the Finance Act 2020 (FA 2020) are some significant and wide ranging provisions that relate to circumstances in which directors (and others) can find themselves held personally liable for their company’s tax debts within an insolvency context. The provisions apply to LLPs as well as companies. This article considers the circumstances pursuant to which such liability can arise for those involved in company management with reference to the issue of repeated company insolvency.
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News 10/09/2020
Kennedys again achieves multiple ‘top tier’ rankings in The Legal 500 2021 rankings
We are pleased to announce that the publication of the 2021 edition of The Legal 500 UK has seen us ranked as a ‘top-tier firm’ in nine practice areas.
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News 09/02/2020
Kennedys announces largest-ever round of senior staff appointments in Australia
The Australian arm of global insurance and litigation law firm Kennedys today announced the promotion of 10 lawyers to new senior roles, in the largest-ever group of promotions for the firm in Australia in a single year.