Publication
Regulation Around the World: Open Finance
In this issue of Regulation Around the World we look at how regulators are developing their proposals for Open Finance.
The ‘privity-like’ requirement for professional negligence and negligent misrepresentation claims
New York Law Journal
United States | Publication | December 2022
Claims for professional negligence and negligent misrepresentation generally require a showing of some type of privity between the plaintiff and defendant. Direct contractual privity, by which the plaintiff contractually retained the defendant to provide services, is the easiest to prove. Even without a contractual relationship, however, a plaintiff may still prevail on such claims by demonstrating the existence of a privity-like relationship. As discussed below, determining whether a privity-like relationship is proven, or at the motion to dismiss stage adequately pleaded, is intensively fact-specific.
Read the full New York Law Journal article, "The ‘privity-like’ requirement for professional negligence and negligent misrepresentation claims."
Recent publications
Publication
Essential Corporate News – Week ending 4 July 2025
On 3 July 2025 the UK Takeover Panel (Panel) published PCP 2025/1: Dual class share structures, IPOs and share buybacks (Consultation) setting out a proposed framework for the application of the UK Takeover Code (Code) to companies with dual class share structures (DCSS companies).
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