No Class Certification Against British Airways

UK Court of Appeal Rejects Class Treatment of Claims Against British Airways By Matthew L. Berde Esq. and Christine A. Fujita Esq. Summary: On November 18, 2010, the U.K. Court of Appeal affirmed a lower court decision rejecting an attempt by a pair of plaintiffs to certify a U.S.-style class action...

ICO Issues Its Largest Fine against a Single Entity for Date Security Breach

Excerpt: 2011 Emerging Issues 5859 Summary: On June 9, 2011, the UK's data privacy regulator, the Information Commissioner's Office, imposed its biggest fine to date against a single data controller for breaching the UK's Data Protection Act of 1998. The ICO issued a monetary penalty...

UK High Court Upholds Freedom of Contract Over Public Policy Invalidation of “Anti-deprivation” Clauses in Standard Credit Default Swap Contract

By Louis M. Solomon Belmont Park Investments PTY Limited (Respondent) v. BNY Corporate Trustee Services Limited and Lehman Brothers Special Financing Inc (Appellant) , 2011 UKSC 38 (Trinity Term July 2011), is a decision by the UK's Supreme Court of England and Wales that involves two important...

UK Corporate Tax Reform Update

View Media While the UK Government's blue-print for corporation tax reform was put forward in June 2010, key elements of the reform programme have become much clearer during the course of the Summer of 2011. The long awaited detailed and extensive consultation documents on the reform...

Fulbright Briefing : The United States and Other Nations Expand Sanctions Against Iran

By: Stephen M. McNabb , Marsha Z. Gerber , Stefan Reisinger and Mary Beth Balhoff On November 21, 2011, the United States announced three measures designed to enhance sanctions on Iran. The President issued an Executive Order authorizing the Secretary of State to impose sanctions on foreign...

U.K. Ban on Transactions with Iranian Banks

Fulbright Briefing By Lista M. Cannon , David M. Harris and Nicola Kelly In the latest wave of sanctions targeting Iran, the U.K. has taken steps independently of the UN Security Council and EU regulations to cut off all ties with Iranian banks. The new sanctions apply to all persons operating in...