Topic: Fintech

Adam Sanitt has written a briefing discussing the highly anticipated Law Commission’s Digital assets: Final report.

Our Information governance, privacy and cybersecurity team have written an article discussing the rise of ChatGPT.

Our Banking Litigation Trends publication summarising the trends we saw in 2022, and the key risks we anticipate banks and financial institutions may face in 2023.

In LMN v Bitflyer Holdings Inc and others [2022] EWHC 2954 (Comm), the High Court granted powerful ‘information orders’ under the court’s Norwich Pharmacal and Bankers Trust jurisdiction against cryptocurrency exchanges that are competitors to the claimant-applicant LMN.

A consultation paper lays the foundation for treating digital assets as legal property under English law

A discussion of potential causes of action that may arise from both algorithmic and traditional asset-backed stablecoins and sets out the risk factors associated with litigation involving blockchain technology.

A significant demonstration of their approach to new technology and a new era for trade finance

Adam Sanitt and Jonathan Hawkins joined this month’s episode of our firm’s FinTech Pulse podcast to discuss how a recent investigation by the UK law commission into how the current law of contract applies to smart legal contracts.

The latest instalment in the Tulip Trading v Bitcoin Association litigation has been greeted with relief by many in the blockchain community, after the High Court threw out a claim that bitcoin developers (including several bitcoin forks) owed a duty of care or a fiduciary duty to an alleged owner of bitcoin. But the Court did not rule out duties being owed in other circumstances – distributed ledger technology developers, miners and users should all beware that the risk of unexpected liability has not been completely eliminated.

As published in the International Journal of Blockchain Law, our New York and London Commercial Disputes teams have collaborated to consider how you can spot and manage litigation risk in DeFi.