?? Weekly News Review
Global Legal Group
Informing Legal Minds | We are an independent London-based legal media company committed to delivering pivotal insights
Global Legal Group's newsletter cherry-picks the best of GLG’s three news strands – Commercial Dispute Resolution (CDR) , International Comparative Legal Guides (ICLG) and Global Legal Insights (GLI) – from the past week, all produced by our team of in-house journalists.
This week's newsletter explores the enaction of Act LXI (Act 61) of 2022 in Hungary, the Federal Court of Australia's decision that employees of Australian airline Qantas Airways were unlawfully dismissed during the Covid-19 pandemic, and the issue of debanking in the United Kingdom.
CDR | How much for the Dutch?
As the Netherlands experiences an uptick in class action activity, CDR explores the role of third-party funders in this burgeoning market and how two pivotal Dutch court decisions could impact funder appetite going forward.
Full article by Dippy Singh available here .
CDR | Judge warns of costs implications for snubbing ADR
Giving an order on a case brought by a disgraced former MP, an English judge ruled that parties’ willingness to engage in alternative dispute resolution will be taken into account when awarding costs.
Full article by Andrew Mizner available here .
CDR | A year of Hungary’s representative actions law – a sleeping giant?
Hungary’s transposition of the EU Representative Actions Directive beefed-up its existing framework to create an opt-out regime in June last year, but there is a long way to go before these actions become commonplace.
ICLG | Human rights activist to sue Saudi Arabia in London
The High Court has given a Saudi activist, who claims to have been hacked by Saudi authorities, leave to pursue a claim in England.
Full article by Rob Harkavy free to read here .
ICLG | Sacked airline workers set for compensation payout
A test-case decision in Australia’s Federal Court has laid the groundwork for around 1,700 workers dismissed during the pandemic to receive damages.
Full article by Rob Harkavy free to read here .
ICLG | US insurers lock horns with third-party funders
Participants in an American Property Casualty Insurance Association panel discussion demand greater transparency in TPLF amid concerns about foreign interference in the judicial system.
Full article by Rob Harkavy free to read here .
GLI | How do you solve a problem like debanking?
The issue of banks closing their customers’ accounts for seemingly spurious – or even vexatious – reasons is the subject of much debate in the United Kingdom.
Full article by Rob Harkavy free to read here .
GLI | HKMA introduces Banking Industry Integrity Charter
The Hong Kong Monetary Authority gets to grips with financial malpractice and corporate governance in the territory’s banking sector.
Full article by Rob Harkavy free to read here .
GLI | FCA interviews 20 finfluencers over financial-product promotion
Concern grows over the use of social-media personalities to promote investments and other financial products.
Full article by Rob Harkavy free to read here .