Cryptoassets and smart contracts are the subject of a consultation launched last week by the UK Jurisdiction Taskforce, chaired by Sir Geoffrey Vos, chancellor of the High Court. It seeks views on perceived legal uncertainties about their status. Responses will help inform an authoritative legal statement designed to increase investor confidence. Vos said: ‘Mainstream investors still need to be convinced that their legal rights can be protected when they trade in cryptoassets and enter into smart contracts.’ The ‘Cryptoassets, DLT and smart contracts’ consultation, on the Law Society website, closes on 21 June.
15 May 2019
Blockchain technologies under review
MOVERS & SHAKERS
Penningtons Manches Cooper—Jean-François Le Gal
Penningtons Manches Cooper strengthens international disputes team with appointment of leading arbitration partner
Shakespeare Martineau—Aaron Sanders & Kate Saunders
Shakespeare Martineau strengthens trust and estates disputes team with new appointments
Bellevue Law—Shannon Moore
Bellevue Law strengthens employment disputes and international advisory capability with senior associate appointment
NEWS
A divorced woman has secured funding to participate in her former husband’s inquest after the Legal Aid Agency reconsidered repeated refusals
The Thirlwall Inquiry has exposed a ‘complete failure’ to protect babies at the Countess of Chester Hospital, but its recommendations must now be put into practice
More than 500 former rugby players can pursue brain injury claims despite serious failures to disclose documents ordered by the High Court
When does a solicitor’s retainer become a contentious business agreement? The Court of Appeal’s decision in Broadfield Law UK LLP v Barnes shows that listing hourly rates alone will not do, leaving firms and clients uncertain about their rights over bills
Developers in areas with poorly performing councils can apply directly to the Planning Inspectorate for permission under section 62A of the Town and Country Planning Act 1990
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