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An in-depth look at changes impacting insurers arising from Florida's new tort reform act
On March 24, 2023, Florida passed a sweeping tort reform bill into law, making major changes to civil litigation in the state. In anticipation of the Governor signing the bill into law, the number of new cases initiated throughout the state in March 2023 was 280,122. Of that amount, 71,000 came from Miami-Dade County (Miami) and 53,000 from Hillsborough County (Tampa). These numbers are staggering.
Case review 25/05/2023
Do software developers owe fiduciary duties to bitcoin owners? Court of Appeal considers there is a serious issue to be tried
In a judgment handed down in February 2023, the Court of Appeal upheld an appeal made by Tulip Trading Limited, against a first instance decision of the High Court, where the Defendants successfully brought an application challenging the court’s jurisdiction. In doing so, the Court of Appeal held that there is a serious issue to be tried as to whether developers owe fiduciary duties to bitcoin owners.
Hong Kong Regulatory Insurance Update April 2023
In this April 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.
Post Brexit legislation changes - employment law
The UK Government has announced the first in a series of upcoming regulatory reform packages proposed following the UK’s departure from the EU.
Hong Kong Regulatory Insurance Update March 2023
In this March 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.
The Windsor Framework: implications for healthcare and life sciences industries
After years of Brexit uncertainty for businesses in the healthcare and life sciences sectors, the Windsor Framework was published on 27 February 2023 following extensive EU/UK negotiations. The Framework should pave the way for the smooth supply of medicines from Great Britain to Northern Ireland, much to the relief of industry stakeholders and patients alike.
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.
One year on, the UK's effort to tackle dirty money has a mixed scorecard
The UK’s Economic Crime (Transparency and Enforcement) Act 2022 received Royal Assent a year ago with the background of the Russia-Ukraine conflict catapulting it into the UK at unprecedented speed. The Act has been of great interest to the insurance sector. The aim of the ECA was to thwart the flow of so-called “dirty money” into the UK by taking aim at overseas individuals seeking to launder money in the UK and/or greatly restricting their ability to transact with the UK’s financial system.
Possession at any rate?
In this article, we explain why landlords must act quickly to avoid a potential increase in compensation payable to their tenants in advance of changes to the rateable values of non-domestic property in England and Wales, which take effect on 1 April 2023.
The Spring Statement 2023 – Budget for Growth?
Chancellor, Jeremy Hunt, delivered this year’s Spring Budget after a cloud of disruptive events culminating in the collapse of the Silicon Valley Bank.