BCLP

We are 𝗕𝗖𝗟𝗣. 𝗖𝗹𝗶𝗲𝗻𝘁 𝗜𝗻𝘁𝗲𝗹𝗹𝗶𝗴𝗲𝗻𝘁 Our combined 150-year legacy is based on building lasting relationships that deliver impact, celebrates diversity and unlocks intelligence. Our new brand narrative captures the characteristics that have become the hallmark of our firm: We are 𝗴𝗿𝗲𝗮𝘁 𝗹𝗶𝘀𝘁𝗲𝗻𝗲𝗿𝘀, 𝗹𝗮𝘁𝗲𝗿𝗮𝗹 𝘁𝗵𝗶𝗻𝗸𝗲𝗿𝘀, and 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝗯𝘂𝗶𝗹𝗱𝗲𝗿𝘀. For a deeper understanding of our new brand, visit our website: www.bclplaw.com  

Following the publication of the FCA and PRA’s critical third-party (CTP) rules and expectations for CTPs supplying the UK financial sector, our multi-disciplinary team shares thoughts on what its arrival means for financial services firms and technology providers.   The team has dissected the statement and accompanying guidance to provide insights on the proposed rules, which address the potential risks posed to the UK financial system by third-party provider failure and emphasize the regulatory requirements for operational resilience. Once designated, CTPs will face new compliance requirements and will be directly subject to regulation by the FCA and PRA.   To read more, click the link below: https://lnkd.in/emnnaPiZ   #BCLPDigitalspeaks #SupplyChain #Regulation #DigitalRegulation 

The PRA and FCA have put forward proposals to reduce restrictions on banking bonuses in the UK, with significant changes aimed at streamlining the regulatory framework, enhancing individual accountability and bolstering the UK’s international competitiveness.   In our latest analysis, Samantha Paul, Polly James, Catherine Turner and Siân Cowan explore the details of these proposals and what they could mean for banks, employees and the broader industry.   Read more about the potential implications by clicking the link below:   https://lnkd.in/eqVBK5SX   #EmploymentLaw #Banking #FinancialServices

Our cross-office litigation team led by Partner Randy Soriano, with Counsel Justin Benson and Associate Cayce Good, played a crucial role in securing another victory for Monsanto in the Philadelphia Court of Common Pleas, marking the 15th favorable outcome for our client in the last 22 trials.   Following a three-week trial, the 12-person jury delivered a complete defense verdict after six hours of deliberation. The trial involved claims that a plaintiff's use of Roundup caused her to develop Non-Hodgkin's lymphoma.   To read more about the case, click the link below: https://lnkd.in/eeGGStkw   #Litigation #Disputes  

We were delighted to host our Hotel Investment lunch event yesterday in our London office.   With thanks to Alexander Robinson, Director - Industry Partners at STR, who provided an excellent overview of European hotel performance. The overall sentiment from our attendees is that the outlook for 2025 is upward trending, as investor optimism returns to the sector!   Special thanks to our BCLP hosts: Laura Wild, Charlotte Tullis, Adam Bogdanor, Kieran Saunders, Christine Daric, Henry Ranchon, Benedict West, Naveen Vijh and Leanne Sim.   #Hotels #Travel #RealEstate #Investment

We have advised a subsidiary of The Foschini Group (TFG) with its acquisition of the entire share capital of White Stuff Group Limited.   TFG, a South African retail group with over 4,700 outlets globally, trades under 35 brands and has expanded in the UK with acquisitions like Phase Eight, Whistles and Hobbs. Founded in 1985, White Stuff specializes in clothing and operates 113 UK stores, almost 50 concessions and approximately 30 European locations, mainly in Germany.   The deal team was led by Partner Andrew Hart and Corporate Transactions Global Co-Leader Benjamin Lee.   To learn more about our role in the transaction, click the link below: https://lnkd.in/e6yARjrz   #Retail #MnA 

Senior Practice Innovation Manager Brian Kennedy, along with Lead Knowledge Counsel Victoria Duxbury, attended the British Legal Technology Awards where we were awarded the runners-up prize in the AI Use Case in Legal Services category for our Generative AI tool, BCLP FLARE (Fast Lease Assisted REporting).   This tool, created in partnership with prop-tech company Orbital Witness and then refined by our real estate lawyers and innovation team, has been designed to revolutionize our commercial lease reporting. The project embodied many great attributes - a high-quality genAI tool addressing a pressing real-life use case, a custom solution tailored to reflect the specific requirements and preferences of the firm, deep involvement by our lawyers in the development of leading-edge AI and a focused programme to evaluate, optimise and tailor the AI output.   Congratulations to our tech team, lawyers and Orbital Witness for creating this innovative tool.   To read more about our work on FLARE, click the link below:   https://lnkd.in/eJbbbarc   #BLTA #legaltech #ArtificialIntelligence

In a new video with Thomson Reuters Legal Europe, our Partner Tom Bacon highlights the key issues when AIM companies undertake M&A transactions. Tom outlines:   🟧 Planning private M&A deals and understanding disclosure obligations under the UK Market Abuse Regulation and AIM Rules. 🟧 The role of the nominated adviser and the application of the Takeover Code in public M&A transactions. 🟧 Key differences between private and public M&A, including disclosure requirements, implementation processes and certain funds requirements.   Click the link below to watch the video in full: https://lnkd.in/eYqnSJXH   #MnA #CorporateGovernance  

Real Estate Disputes Partner Rebecca Campbell has been appointed as the new Chair of The Property Litigation Association (PLA). Rebecca has been heavily involved in work with the PLA for nearly a decade, most recently acting as Honorary Secretary and Vice Chair.   As the leading association for property litigators in the UK, with over 1700 members, the PLA plays an important role in campaigning for improvements in property law and the court service, offering its members education, training and networking as well as championing greater inclusivity and diversity in the legal profession.    Read more about Rebecca’s appointment in EG: https://lnkd.in/guxqjiXi   #Property 

This week our Partner Martin Wilmsen shared his expertise at the ESG Symposium in Cologne, shedding light on the evolving landscape of sustainable financing. His presentation delved into Sustainability-Linked Loans (SLLs), Green Loans, and Social Loans, offering attendees a comprehensive overview of the principles driving these instruments.   Key Takeaways: 🟧 Sustainability-Linked Loans: Flexible ESG goals tied to measurable KPIs, offering financial incentives for achieving Sustainability Performance Targets. 🟧 Green Loans: Funds dedicated to environmentally sustainable projects with strict criteria for transparency and reporting. 🟧 Social Loans: Financing for socially impactful initiatives, with rigorous reporting and independent verification. Emerging Trends: 🟧 Regulatory requirements like the CSRD (Corporate Sustainability Reporting Directive) and MaRisk are reshaping how banks and other lender incorporate ESG factors into risk and sustainability reporting. 🟧 Alignment with global frameworks such as LMA, APLMA, and LSTA enhances the harmonization and adoption of sustainable finance instruments. 🟧 Defining global document standards remains one of the pressing challenges in the REF space.   Martin's session emphasized the importance of credible KPIs, robust governance, and transparent reporting to maintain the integrity of these financing tools. As sustainability becomes a core business imperative, these principles are vital for fostering trust and driving meaningful impact.   #ESGSymposium #SustainableFinance #GreenLoans #SocialLoans #ESG #CorporateResponsibility