Half year review of our predictions for litigation in 2022: Recent developments in Financial Crime
The fallout of the crisis in Ukraine has reverberated across the world in terms of the significantly increased sanctions from many countries. On 12 June 2022 a red alert was issued by the NECC, a branch of the National Crime Agency, of the common techniques used by sanctioned individuals to circumvent sanctions including but not limited to: This red alert […]
Read MoreHalf year review of our predictions for litigation in 2022: Recent developments in fraud
At the beginning of the year, we made a number of predictions for litigation in 2022. With 2022 now more than half way through it is a natural time to take stock. Some key trends relating to fraud and a financial institution’s duty to protect account holders from fraud have, as anticipated, already emerged. We consider two of these key […]
Read MoreOFSI Update to Enforcement Guide
The Office for Financial Sanctions Implementation (OFSI) has provided updates to its enforcement guidance which came into effect on 15 June 2022.
Read MoreRosenblatt secures High Court win for Esken Limited
The High Court (Leech J) has dismissed the claim brought by Andrew Tinkler that the earlier judgment of His Honour Judge Russen QC (sitting as a High Court Judge) in Stobart Group Ltd v Tinkler [2019] EWHC 258 (Comm) (“the Russen Judgment”) was obtained by fraud. Mr Tinkler brought the claim against Esken Limited (the current name of Stobart Group) […]
Read MoreBriefing note: When is a right to appeal personal to the bankrupt?
Introduction On 3 May 2022, Jonathan Hilliard QC sitting as a Deputy Judge of the High Court handed down a judgment in favour of Rosenblatt client, London European Securities Limited, the Respondent to an appeal brought by a bankrupt individual, Mr Richard Addison. The judgment provides some welcome guidance regarding which actions belong to a bankrupt’s estate and therefore vest […]
Read MoreNFTs In Artwork: Where does my NFT exist and who has control of it?
Contracts generally have a common goal – to provide deal certainty to the parties. In a series of articles, Chris Pulham, a Partner in Memery Crystal’s Commercial IP & Technology team, investigates what this means for Artwork NFTs in an on-chain world. You have bought your NFT, but who has control of it and what obligations do they have to […]
Read MoreNFTs in Artwork: What if I want to sell my NFT?
Contracts generally have a common goal – to provide deal certainty to the parties. In a series of articles, Chris Pulham, a Partner in Memery Crystal’s Commercial IP and Technology team, investigates what this means for Artwork NFTs in an on-chain world. You have purchased your NFT and want to sell it, but where do you go and what terms […]
Read MoreHow the UK should shape its crypto regulations
On 10 March 2022 I had the pleasure of speaking at a webinar hosted by the SEC Newgate Crypto Team, the topic of which was: “How the UK should shape its crypto regulations”: https://us02web.zoom.us/rec/share/og7aJ71yYUAgP2aY24EPmMxWwqGqPSOiLXZ24SVGDpm6N2xxbKtYumHF2sUFcKPz.EyyJxcWHjr7u3-Cc As a legal practitioner whose professional caseload often involves the cryptosphere, I found the discussion and different perspectives voiced by the panel and audience enormously interesting. […]
Read MoreEconomic Crime Bill | Rosenblatt’s Financial Crime Team
On 7 March 2022, the Economic Crime (Transparency and Enforcement) Bill (the “Economic Crime Bill”) was rushed through the House of Commons. This is in response to growing calls to prevent money laundering and illicitly acquired money entering the United Kingdom from Russia, in response to the Ukraine Crisis. The case in point In brief the Economic Crime Bill is […]
Read MoreCryptoPunks meet Bored Apes
In a shock announcement, Yuga Labs has purchased the mainstream NFT projects CryptoPunks and MeeBits from Larva Labs, to add to its Bored Ape Yacht Club project. This is a merger of two of the major NFT stables which have been dominating mainstream attention. Yuga and Larva labs confirmed via Twitter on Friday that Yuga now owned the brands and […]
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