Financial services

04 September 2015

Issue: 7666 / Categories: Case law , Law digest , In Court

Financial Conduct Authority v Da Vinci Invest Ltd [2015] EWHC 2401 (Ch), [2015] All ER (D) 77 (Aug)

The present was the first case in which, in addition to seeking an injunction under s 381 of the Financial Services and Markets Act 2000, the claimant Financial Conduct Authority invited the court to impose a penalty for market abuse under s 129 of the Act. The Chancery Division gave guidance on the relevant statutory provisions, and granted injunctions and penalties against the defendants.

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MOVERS & SHAKERS

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Muckle LLP—Rachael Chapman

Sports, education and charities practice welcomes senior associate

Ellisons—Carla Jones

Partner and head of commercial litigation joins in Chelmsford

Freeths—Louise Mahon

Firm strengthens Glasgow corporate practice with partner hire

NEWS

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Stress at work for corporate counsel

One in five in-house lawyers suffer ‘high’ or ‘severe’ work-related stress, according to a report by global legal body, the Association of Corporate Counsel (ACC)

Chancery Lane says no to LeO

The Legal Ombudsman’s (LeO’s) plea for a budget increase has been rejected by the Law Society and accepted only ‘with reluctance’ by conveyancers

Human rights concerns for patients, prisoners & immigration detainees

Overcrowded prisons, mental health hospitals and immigration centres are failing to meet international and domestic human rights standards, the National Preventive Mechanism (NPM) has warned

Licensing fast-track for conveyancing & probate professionals

Two speedier and more streamlined qualification routes have been launched for probate and conveyancing professionals

Stress at work? Join the (employment tribunal claim) queue

Workplace stress was a contributing factor in almost one in eight cases before the employment tribunal last year, indicating its endemic grip on the UK workplace

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Financial services

MOVERS & SHAKERS

Muckle LLP—Rachael Chapman

Ellisons—Carla Jones

Freeths—Louise Mahon