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NEWS
Law360, London: A London court has rejected an attempt by a fashion retail outlet owner to block UniCredit from continuing arbitration proceedings in Russia aimed at taking some of its roughly €42m property portfolio.
NEWS
Law360, London: The London insurance market could be directly exposed to marine and aviation claims from the war in Iran, Fitch Ratings said.
NEWS
Law360: The combined annual premium income for insurers on the London company market and Lloyd's of London syndicates cleared the £100bn barrier for the first time in 2023, according to a trade body for underwriters.
NEWS
Law360, London: Lawmakers and policy officials must regularly review how Britain's regulators are fulfilling their competitiveness objective to make good on their growth mandates, the London Market Group (LMG) said.
NEWS
Law360, London: The Solicitors Regulation Authority (SRA) has fined London law firm DKLM LLP just over £12,000 (US$14,500) for failing to carry out appropriate due diligence on a property transaction involving a Ukrainian client, which had the potential to facilitate money laundering or terrorist financing.
NEWS
Law360: The value of reinsurance transactions written in the London company insurance market grew by 33% in 2023 on the back of a harder pricing environment, according to figures published on 10 September 2024 by a trade body.
PRECEDENTS
General Task being undertaken/Working arrangement [Insert details, eg Fee earner working full time from home] Date of assessment [Insert date] Review date [Insert date] Assessment Risk [Insert,
PRECEDENTS
General • Be aware of your surroundings. Wearing headphones can reduce your awareness. When wearing headphones don’t turn them up so loud that you cannot hear outside noise. • Save an ICE (in case of emergency) number in your phone. This can help emergency personnel locate a friend or family member who can speak on your behalf if you become unconscious or incapacitated. Just enter the acronym ICE into your mobile's phone book and then log the name and number of someone who should be contacted in an emergency. If you have more than one contact name you can use ICE1, ICE2, ICE3, etc. Example, ICE1 Mum 01234 567890. • Before leaving your house or the office, always think about your keys,
PRACTICE NOTES
What's the issue? The Health and Safety Executive (HSE) defines lone workers as people who work by themselves without close or direct supervision. Examples include: • people who work from home • people who work away from a fixed base • professionals visiting domestic and commercial premises • people who work separately from others on the same premises (eg cleaners, security, maintenance and reception workers or people who work outside normal business hours) Changing ways of working and greater use of technology are increasing the number of people who might be categorised as lone workers. Employers are responsible for lone worker safety during working hours, whether they are in the office, in a vehicle, working from home or on a home visit. This responsibility is not just for the physical wellbeing of lone workers but also extends to their mental wellbeing. Establishing a healthy and safe working environment for lone workers can be different from organising the health and safety of other employees. They should not be put at more risk than other people working for you. Responsibilities By
GLOSSARY
An investor is ‘long’ when the exposure to a given asset is greater than the level considered neutral. This is usually with a view to selling it at a higher price at a later date.
PRACTICE NOTES
This Practice Note provides an overview of the new cap and floor subsidy regime introduced by the UK government to support Long Duration Electricity Storage (LDES) projects in Great Britain (GB). It does not cover subsidy support for LDES projects in Northern Ireland, as this falls outside of the territorial scope of the regime. The new LDES subsidy regime has been introduced initially to support the delivery of new (or significantly refurbished existing) LDES projects from 2030 onwards, with the first track for projects to be delivered by 2030, and the second track for projects to be delivered by 2033. The first application window under the scheme (covering both delivery tracks) opened on 8 April 2025 (see: LNB News 08/04/2025 20) and closed on 9 June 2025. Successful LDES assets will initially receive cap and floor support for a period of 25 years (as standard), with ‘economic, efficient and effective’ capital costs invested by developers being recovered over this period, provided certain criteria are met. This Practice Note explains what
NEWS
Energy analysis: Louise Dalton, Edward Longden and Ivor Deeleman of CMS Cameron McKenna Nabarro Olswang LLP provide their analysis on the 77 projects, from an initial 171 applications, that have progressed to Project Assessment stage of the UK’s Long Duration Energy Storage (LDES) cap and floor subsidy scheme. The authors also outline the newly published Multi-Criteria Assessment (MCA) framework, Cost-Benefit Analysis (CBA) methodology, Cost Guidance and Financial Framework, and note the proposed capacity of 28.7 GW significantly exceeds previous government signals.