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Lawyers Covered - February 2025

Published on 26 Feb 2025. By Will Sefton, Partner and Head of the Lawyers Liability and Regulatory Group and Carmel Green, Partner and Carole Foster, Senior Associate and Tom Butterfield, Associate and Kerone Thomas, Associate and Simon Love, Senior Associate and Shanice Holder, Associate and Tom Wild, Senior Associate

It can be tough for busy lawyers to find enough time to service clients, make it safely through the regulation obstacle course, win new work and keep up-to-date with developments, but we've got you covered! Welcome to our February 2025 edition of our Lawyers Liability & Regulatory Update, in which we highlight the last month's key developments affecting lawyers and the professional risks they face.

RPC's Snapshots app brings together the latest legal developments…at the touch of a button

Published on 06 Jun 2023. By Joseph Akwaboa, Associate and Oliver Bray, Senior Partner

Students and commercial lawyers alike can access a rich database of updates from the commercial, data, digital, consumer and advertising legal landscape

Hong Kong – Claim pleading duty of care against auditor struck out for "putting the cart before the horse"

Published on 28 Oct 2022. By Antony Sassi, Managing Partner, Asia and David Smyth, Senior Consultant and Anson Lo, Associate

In Chan Kam Cheung v Ronnie K W Choi & Anor [2022] HKCFI 3028, a judge upheld a master's (judicial officer's) decision to strike out the plaintiff shareholder's action against the former auditors of the company.

US and Chinese regulators sign landmark agreement on inspection of Chinese audit work

Published on 02 Sep 2022. By Antony Sassi, Managing Partner, Asia and Samuel Hung, Partner and Jennifer Leung, Associate

On 26 August 2022, the US Public Company Accounting Oversight Board (PCAOB) and the PRC China Securities Regulatory Commission (CSRC) and Ministry of Finance (MoF) signed a Statement of Protocol that would allow US regulators access to audits of Chinese companies listed on the US stock exchanges.

HKEX published additional guidance specific to biotech companies

Published on 10 Jun 2020.

Key cyber developments: looking back over 2024

Published on 27 Jan 2025. By Richard Breavington, Partner and Daniel Guilfoyle, Partner and Rachel Ford, Partner

For the cyber market, 2024 brought with it many legislative and regulatory changes, as well as sophisticated cyber-attacks and ground-breaking law enforcement activity.

Ofcom faces 30,000 cyber attacks a week, new data reveals

Published on 29 Aug 2023. By Richard Breavington, Partner

NCSC warn that UK infrastructure and businesses face heightened threat of cyber attacks

FTX's missing millions highlights urgent need for 'proper security and protection' against hackers

Published on 20 Jan 2023. By Dan Wyatt, Partner

International law firm RPC says news of $415million worth of stolen crypto 'comes as a further blow' to customers

Solana hack could lead to claims against its developers and service providers

Published on 10 Aug 2022. By Christopher Whitehouse, Senior Associate and Dan Wyatt, Partner

A cyberattack on Solana, which has resulted in the wallets of 8,000 customers being drained, could potentially lead to claims being taken against its software developers and third-party service providers, says international law firm RPC.

Crypto crash could accelerate insurers rewriting policies to reduce exposure claims

Published on 15 Jul 2022. By James Wickes, Partner

The cryptocurrency crash could accelerate the process of insurers rewriting policies to reduce potential exposure, including making greater use of virtual currency exclusions, warns international law firm RPC.

1.5 million square metres added to distribution warehouse centres in past year – as e-commerce booms

Published on 20 May 2022. By Jeremy Drew, Partner, Head of Commercial

Large distribution warehouse centres saw an extra 1,500,000m²* in space added last year, the equivalent of 210 football pitches, according to RPC, the international law firm.

42.2m people in the UK had their financial data compromised in breach last year- up 1,777%!

Published on 19 Apr 2022. By Richard Breavington, Partner

Financial data belonging to as many as 42.2m* people in the UK was compromised in data breaches last year, up 1,777% from 2.2m in 2019-20, says RPC, the international law firm.

ICO received 309 whistleblower reports from UK employees over data protection failures in last year

Published on 22 Mar 2022. By Richard Breavington, Partner

The Information Commissioner’s Office (ICO) received 309 whistleblower reports in the last year* from employees over data protection failures at their employers says RPC, the international law firm.

RPC comments on landmark Lloyd v Google Supreme Court judgment

Published on 10 Nov 2021. By David Cran, Partner, Head of IP & Tech and Rupert Cowper-Coles , Partner

This morning the UK Supreme Court handed down its landmark decision in Lloyd v Google.

Another blow for Italian regional authorities in Italian Swaps saga judgment

Published on 12 Mar 2025. By Tom Hibbert, Partner and William Monaghan, Associate

Shortly before Christmas, the Commercial Court handed down judgment in another one of the long line of 'Italian Swaps Cases', Dexia SA v Regione Emilia Romagna.

The PCR's "heavy responsibility": CAT Judgment in Riefa v Apple and Amazon emphasizes the high standards expected of a PCR

Published on 27 Feb 2025. By Chris Ross, Partner and Jessica Davies, Associate

The Competition Appeal Tribunal (the Tribunal) recently handed down an important judgment, refusing to certify the proposed collective proceedings in Christine Riefa Class Representative v Apple Inc. & Amazon.com, Inc. After two certification hearings, the Tribunal was not satisfied that it would be just and reasonable for the Proposed Class Representative (the PCR) to bring the proceedings following concerns relating to Professor Riefa's understanding of the PCR's funding arrangements. The judgment reiterates the strict requirements and high standards expected of a PCR.

RPC scores ten Band 1 rankings in Chambers UK 2025

Published on 17 Oct 2024.

Chambers UK recommends RPC in 26 categories overall, with a new Band 1 ranking for Media & Entertainment: Advertising and Marketing, first time rankings for Sport and Personal Injury, and promoted rankings for Media and IT and Outsourcing.

RPC recognised as top-tier firm across eight areas in The Legal 500 UK 2025

Published on 02 Oct 2024.

RPC, a law firm deeply invested in client ambitions and commercial success, is proud to be recognised once again in The Legal 500 UK 2025 rankings.

Claims against water companies start in the Competition Appeal Tribunal

Published on 20 Sep 2024. By Zoe Mernick-Levene, Partner

Following the dumping of sewage into our waterways, a case against six UK water companies begins on Monday (September 23, 2024).

RPC earns top ranking for Crypto-Asset Disputes in the UK

Published on 05 Dec 2023. By Dan Wyatt, Partner and Sarah Mountain, Partner

International law firm RPC has been ranked for the first time in Chambers and Partners 2024 FinTech Guide, achieving Band 1 for Crypto-Asset Disputes in the UK.

FCA rules could trigger 'marked drop' in finfluencers marketing crypto

Published on 09 Oct 2023. By Oliver Bray, Senior Partner and Hettie Homewood , Senior Associate

Regulator clamping down over concerns consumers are being 'influenced into high risk investments without understanding consequences'

Whistle-blowing on illegal cartels drops 70% in 5 years

Published on 18 Sep 2023. By Chris Ross, Partner and Arash Rajai, Partner

Competition and Markets Authority (CMA) recently increased award to £250,000 Calls to the CMA hotline have plummeted from 1,442 in 2017 to 427 in 2022

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07 Sep 2023

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