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
NLJ Career Profile: Daniel Burbeary, Michelman Robinson
Daniel Burbeary, office managing partner of Michelman Robinson, discusses launching in London, the power of the law, and what the kitchen can teach us about litigating
Joelson—Jennifer Mansoor
West End firm strengthens employment and immigration team with partner hire
Sidley—Jeremy Trinder
Global finance group strengthened by returning partner in London
NEWS
The controversial Courts and Tribunals Bill has passed its second reading by 304 votes to 203, despite concerted opposition from the legal profession
The presumption of parental involvement is to be abolished, the Lord Chancellor David Lammy has confirmed
A highly experienced chartered legal executive has been prevented from representing her client in financial remedies proceedings, in a case that highlights the continued fallout from Mazur
Plans to commandeer 50%-75% of the interest on lawyers’ client accounts to fund the justice system overlook the cost and administrative burden of this on small and medium law firms, CILEX has warned
Lawyers have been asked for their views on proposals to change the penalties for assaulting a police officer
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