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Focus on the fashion and luxury industry: Key developments regarding antitrust, unfair commercial practices and privacy laws in Italy.
Regulations implementing long-term pension fund clearing exemption come into force
United Kingdom | Publication | July 2025
The Pension Fund Clearing Obligation Exemption (Amendment) Regulations 2025 were made on June 10, 2025, and came into effect the following day.
The amending Regulations ensured that the pension fund clearing exemption on over-the-counter derivatives, central counterparties and trade repositories (UK EMIR) did not expire on June 18, 2025, as previously scheduled. The Regulations also remove any further time limit on the exemption.
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English Commercial Court Dismisses Jurisdiction and Bias Challenges to LMAA Award: V & Anor v K
In <em>V & Anor v K</em> [2025] EWHC 1523 (Comm), the Commercial Court has dismissed jurisdictional and serious irregularity challenges under sections 67 and 68 of the Arbitration Act 1996 arising out of an LMAA arbitration.
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Navigating charterparty conditions and financing friction: The quiet power of letters of quiet enjoyment
The recent Singapore High Court decision in <em>The “CHLOE V” [2025] SGHC 142</em> explores the legal and commercial tensions that arise at the intersection of ship finance, charterparty negotiations, and mortgagee enforcement rights.
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