Best legal reads of the week: February 23-27
Published on 27th Feb 2015
It’s that time again, when we share the reads of the week from around the web written by Osborne Clarke people.
Our top reads of the week:
The Consumer Rights Bill, which is currently in the final stages of its passage through Parliament, is intended to “bring together, improve and update consumer law.” Once passed, it will bring about considerable changes to consumer rights and remedies, which may prove to be costly and disruptive for suppliers generally and particularly those in the automotive industry where the resultant obligations may exceed those traditionally provided for in manufacturers’ warranties. Read the full overview of the bill here.
It is a rare occasion that you will hear a developer praising their lawyers or a local planning authority for the speed at which their Section 106 was completed following a resolution to grant planning permission. More likely, the experience will be long and drawn out and not entirely painless. There are many reasons why Section 106 agreements take so long and we are often asked to deconstruct the process to avoid a repeat experience. Read the article in full here.
Our Regulatory group has over 40 lawyers crossing borders, service lines and sectors. We advise businesses, regulators and individuals on the full range of issues which the regulatory environment generates. The UK regulatory timeline was produced to keep you up to date on the latest regulatory developments, explore each of the areas here; or download the full document here.
More than fifty years ago, the Treaty of Rome enshrined the “four freedoms”: that goods, people, services and capital could move freely across the internal borders of what was then the European Economic Community and is now the EU. Of those freedoms, the one that has been the most difficult to put into practice has been the freedom of movement of capital. So, 57 years after its founding treaty, the EU last week launched an effort finally to create its “Capital Markets Union” (the CMU). Read the full article here.
The European Commission has published a consultation paper on the operation of the Prospectus Directive (the Directive). The Directive is the legal framework regulating the requirement on issuers to publish a prospectus when making an offer of securities to the public or listing on a regulated market in the EU. Read more here.
- Emily Jones, Technology and Data Privacy Partner at Osborne Clarke quoted in the Wall Street Journal: Europe Wants the World to Embrace Its Internet Rules
European policy makers feel crowded out by the rise of U.S. Internet companies and are proposing a plan to give themselves a larger role: write a new rule book for the web, read the full WSJ article here.
