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On Thursday 9th May 2019, W Legal and Fidelis Cybersecurity met with a group of clients and contacts to explore the new risks and frontiers of Data Privacy and Data Protection. Guests included bankers, compliance and regulatory officers from various large financial institutions in the City, joined by a leading professor of Cyber Security at...

At a time when we have seen a broadening range of cyber handling headaches, attacks and regulatory change and with new IT software techniques and loopholes emerging constantly, those dealing with data handling in the UK now face another range of uncertainties which will be caused by Brexit. Penalties in civil and criminal cases have...

A great deal has happened in the cyber and corporate and personal data risk space since our Managing Director, Elliot Shear addressed corporate risks and director’s statutory duties at a summit in Washington D.C. on a prestigious cyber panel alongside representatives of the FBI and SEC in mid – 2107. We have seen cyber-attacks developing...

Introduction Cyber risk is becoming one of the largest global threats to businesses. According to a report by Deloitte, almost 9 out of 10 FTSE 100 companies have identified a cyber risk in their disclosure and roughly 87% of firms deem cyber risk as one of their principal risks. As a result, directors, who owe...

Facts Between 1998 and 2007, the Claimant (“C”) was employed as a secretary at BAE Systems (Operations) Limited (“R”). In April 2006, C attended a particularly difficult meeting with her line manager and a colleague in which C ultimately broke down in tears. Shortly after the meeting, C’s line manager suggested that women take things...

W Legal’s Managing Director, Elliot Shear, has spoken on a prestigious Washington Panel dealing with Cybersecurity issues for Public Companies. Elliot was joined by the heads of Cybersecurity for both the US Federal Bureau of Investigations (FBI) and the US Securities Exchange Commission (SEC). “Dealing with cyber-related issues has become a key factor in both...

The Office of Foreign Asset Control (“OFAC”) has recently updated its explanatory document known as ‘Frequently Asked Questions Relating to the Lifting of Certain U.S Sanctions under the Joint Comprehensive Plan of Action (JCPOA) on Implementation Day’ (the “FAQ”). Among other things, the amended FAQ provides additional guidance to non-US persons seeking to carry out...

Summary The Supreme Court (“SC”) has unanimously held that a party may be entitled to set aside a settlement agreement (“SA”) due to fraudulent misrepresentation even where that party did not fully believe the representations at the time of entering into the SA. Facts Following an accident at work in 1998, the Claimant (“C”) brought...

Summary The Court of Appeal (‘CA’) dismissed a claim concerning the interpretation of an exclusion clause in a share purchase agreement (‘SPA’). The CA held that any ambiguity in a contractual provision should be resolved by adopting the narrowest interpretation available. Similarly, the contra proferentem rule applies even where both parties are subject to similar...