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Press and Media

Insolvencies of retail businesses jump 56% in past year to hit decade high

Published on 03 Jul 2023. By Finella Fogarty, Partner, Head of Restructuring & Insolvency

The number of retail business insolvencies jumped 56% in the past year, to hit the highest levels in at least a decade - 1,942 in 2022/23, up from 1,243 in 2021/22 shows new research from international law firm RPC.

Press and Media

RPC advises Ceres on Main Market listing

Published on 26 Jun 2023. By Karen Hendy, Partner, Head of Corporate and Connor Cahalane, Partner, Head of Public Companies

International law firm RPC advised Ceres Power Holdings plc, a global leader in fuel cell and electrochemical technology, on its transfer from AIM to the Premium Segment of the Main Market of the London Stock Exchange.

Press and Media

New test will 'significantly strengthen SFO's arsenal' against corporate economic crime

Published on 20 Jun 2023. By Sam Tate, Partner

Amendment to Economic Crime and Corporate Transparency Bill expands scope to include senior managers, not just directors

Press and Media

Anti-Slapps amendments are 'potentially very significant' for protecting defendants from 'ruinous' claims

Published on 13 Jun 2023. By Rupert Cowper-Coles , Partner

'Journalists and whistleblowers should not face the prospect of bankruptcy and losing their home for doing their job'

Press and Media

RPC advises Bizet Media in its acquisition of High Wire Post Production

Published on 12 Jun 2023. By Jeremy Cunningham, Partner and Ben Roberts, Partner and Ella Shanks, Senior Associate

International law firm RPC has advised Bizet Media, the parent company of Milk VFX, in its acquisition of Dublin-based High Wire Post Production.

Press and Media

RPC reacts to the FCA's tough new rules for marketing cryptoassets

Published on 08 Jun 2023. By Whitney Simpson, Of Counsel

New FCA rules mean crypto firms must ensure that people have the appropriate knowledge and experience to invest in crypto. Those promoting crypto must also put in place clear risk warnings and ensure adverts are clear, fair and not misleading.  

Press and Media

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

Press and Media

67% increase in football “multi-club” M&A deals in the last year

Published on 05 Jun 2023. By Jeremy Drew, Partner, Head of Commercial and Joshua Charalambous, Partner

48% of the 31 deals targeting European football clubs last year were multi-club deals Model seeks to create efficiencies in financial security and transferring and training players Total deals targeting European football clubs generally increased 35% last year

Press and Media

RPC launches free go-to platform and online community for accountants and tax advisers

Published on 31 May 2023. By Adam Craggs, Partner and Michelle Sloane, Partner

Tax Take + features guidance notes on tax-related topics, news, podcasts, webinars, vlogs and interactive chat for industry experts

Press and Media

Rising 'green office' demand will keep construction sector buoyant as new office developments drop 15%

Published on 30 May 2023. By Jon Ely, Partner

An ever-rising demand for sustainable workplaces will keep the construction sector buoyant as the number of new office development projects in England fell 15% between 2021 and 2022, from 434 to 367, according to research by international law firm RPC.

Press and Media

Value of UK crypto-fraud reports increases by 41% in the past year, reaching a record £306m

Published on 25 May 2023. By Dan Wyatt, Partner and Jonathan Crompton, Partner

FTX collapse caused a surge in the value of fraud reports – November’s £115m loss to fraud amounts to 1/3 of annual figure while Hong Kong embraces cryptocurrency opportunities

Press and Media

RPC advises BP Marsh on sale of Kentro

Published on 23 May 2023. By Connor Cahalane, Partner, Head of Public Companies and Rupert Wyles, Senior Associate

International law firm RPC has advised BP Marsh & Partners Plc on the sale of Kentro Capital Limited to Brown & Brown, Inc.

Press and Media

RPC Senior Partner secures second term

Published on 10 May 2023. By Karen Hendy, Partner, Head of Corporate

International firm RPC has reappointed Oliver Bray for a second term as Senior Partner with unanimous support.

Press and Media

RPC Elects Seven New Partners and Names Two Of Counsel

Published on 03 May 2023. By Joshua Charalambous, Partner and Mamata Dutta, Partner and Oliver Knox, Partner and Joe Lippitt, Partner and Emily McGregor, Partner and Yi-Shun Teoh, Partner and Oliver Bulleid, Of Counsel

International law firm RPC has announced the promotion of seven Partners and two Of Counsel, effective May 1, 2023.

Press and Media

Manufacturers 'face risk of reputational damage if they fail to act over listeria product recalls'

Published on 02 May 2023. By Mamata Dutta, Partner

Following today's news that thousands of Cadbury desserts made by Müller are being recalled following a food poisoning alert.

Press and Media

EU law rethink means 'uncertainty is delayed, not removed'

Published on 28 Apr 2023. By Patrick Brodie, Partner

Partner Patrick Brodie, head of the Employment, Engagement and Equality practice at international law firm RPC, warns thousands of regulations could still end up on the 'Brexit bonfire'

Press and Media

What are the 8 key legal changes ahead for retailers in 2023?

Published on 27 Apr 2023. By Kimberley Nanson, Senior Communications Manager and Jeremy Drew, Partner and Jeremy Drew, Partner, Head of Commercial and Karen Hendy, Partner and Karen Hendy, Partner, Head of Corporate and Ciara Cullen, Partner

RPC's Retail Compass explores impact of regulatory reforms, rising ESG concerns and fast-evolving AI technology in difficult economic conditions.

Press and Media

RPC launches interactive Dawn Raid app with live 24/7 assistance

Published on 18 Apr 2023. By Adam Craggs, Partner

RPC Raid Response is a one-stop toolkit which enables you to navigate a raid by a regulator in real time

Press and Media

New course opens opportunities to return to law as an in-house lawyer

Published on 17 Apr 2023. By Karen Hendy, Partner, Head of Corporate

The Centre for Legal Leadership has partnered with the Reignite Academy to run a one-day course to provide opportunities for “career break” lawyers to relaunch in an in-house (commercial) lawyer role.

Press and Media

Number of retail M&A deals increases 30% since before the pandemic – 34 deals in 2022

Published on 17 Apr 2023. By Karen Hendy, Partner, Head of Corporate

Takeovers of distressed retailers comprised just under a quarter of all deals in 2022

Press and Media

RPC advises Susie Ma in Tropic Skincare 50% buyout from Lord Sugar

Published on 06 Apr 2023. By Jeremy Cunningham, Partner

International law firm RPC has advised the founder of Tropic Skincare (Tropic), Susie Ma, after her decision to buyout investor, Lord Sugar, and return sole ownership to her for an undisclosed sum.

Press and Media

RPC hires Dr Matthew Jones as Partner to join its award-winning IP and technology practice

Published on 03 Apr 2023. By Matthew Jones, Partner

RPC hires Dr Matthew Jones as Partner to join its award-winning IP and technology practice

Press and Media

RPC reacts to UK Government White Paper on AI

Published on 30 Mar 2023. By Jon Bartley, Partner and Ciara Cullen, Partner and Richard Breavington, Partner and Kelly Thomson, Partner, ESG Strategy Lead and Helen Armstrong, Partner and Patrick Brodie, Partner and Mamata Dutta, Partner

RPC reacts to UK Government White Paper on AI

Press and Media

RPC advises senior management of Learnlight on investment by Synova

Published on 30 Mar 2023. By David Wallis, Partner and James Mee, Partner and Ben Roberts, Partner and Arjun Patel, Associate and Charlotte Reid, Senior Associate

International law firm RPC has advised the senior management of Learnlight, an EdTech platform with operations across Europe, North America and Mexico, on the recent investment in Learnlight by Synova.

Press and Media

Gary Lineker HMRC decision 'illustrates complexities' of IR35 and employment tax

Published on 29 Mar 2023. By Adam Craggs, Partner

International law firm RPC says a successful HMRC appeal against the decision is 'unlikely'

Press and Media

900k square metres added to UK distribution warehouse space in past year

Published on 27 Mar 2023. By Arash Rajai, Partner

126 full size football pitches worth of distribution warehouse space gained in the last year

Press and Media

RPC advises Markel on £200m UK motor LPT transaction with Marco Capital

Published on 24 Mar 2023. By Matthew Griffith, Partner and William Hogarth, Partner

The LPT transaction involves UK motor insurance claims, providing cover of up to £200m in claims reserves This deal is the twelfth in a recent series of significant legacy market transactions handled by RPC, and the sixth in 2023

Press and Media

NHS delays for eye patients 'may be open to greater scrutiny'

Published on 22 Mar 2023. By Sian Morgan, Partner and Fadzai Smith, Associate

International law firm RPC warns there could be a rise in claims over delays for non-surgical treatment 'given the relative ease in which it could have been provided'

Press and Media

What are the BIGGEST challenges facing insurers right now? Global Access Week has the answers…

Published on 28 Feb 2023. By Simon Laird, Global Head of Insurance

International law firm RPC will host London seminar series with global partners from 7 to 9 March

Press and Media

Deals targeting European football teams more than double in value to £6.9bn in the past year

Published on 23 Feb 2023. By Jeremy Drew, Partner, Head of Commercial

Total number of deals increased 65% between 2021 and 2022 Growth of sports holding companies helps fuel increase in English football club deals

Press and Media

RPC advises MS Amlin on £1.2bn 'split' RITC and LPT transactions

Published on 17 Feb 2023. By James Mee, Partner and William Hogarth, Partner

The transaction has been described as the largest ever third-party Reinsurance-to-Close (RITC) transaction in Lloyd's This deal is the eleventh in a recent series of significant legacy market transactions handled by RPC, and the fifth in 2023

Press and Media

RPC hires financial crime consultant to bolster growing White Collar Crime team

Published on 10 Feb 2023. By Thomas Jenkins, Senior Associate

RPC has hired financial crime consultant Ben Cooper to bolster the international law firm's White Collar Crime team in London. Ben started on 1 February 2023.

Press and Media

Hermès victory over MetaBirkin reminds creators they need to be 'mindful of using other people's content'

Published on 09 Feb 2023. By Ciara Cullen, Partner and Joshua Charalambous, Partner

International law firm RPC says decision should not be seen as an impingement on artists, but rather a reminder that intellectual property laws apply even in the metaverse

Press and Media

RPC 'fully committed to opening doors' as firm marks fifth anniversary of apprenticeship scheme

Published on 06 Feb 2023. By Rachael Healey, Partner

RPC is celebrating the "wonderful contribution" of apprentices five years after the international law firm first launched its apprenticeship programme.

Press and Media

Pension reforms 'put onus on trustees, providers and employers to show value for money'

Published on 01 Feb 2023. By Rachael Healey, Partner

International law firm RPC says Government consultation is 'welcome' step towards ensuring pensions industry is providing the best outcomes for customers

Press and Media

Equality Act recognises there is no comparable situation to pregnancy discrimination…so why is menopause treated differently?

Published on 26 Jan 2023.

International law firm RPC says there is 'innate inconsistency' in saying law already protects against menopause discrimination, while arguing proposed change would create new legal risks

Press and Media

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

Press and Media

FTX's $415m stolen crypto shows 'authorities risk creating an Aladdin's Cave for criminals every time they freeze or seize assets'

Published on 19 Jan 2023. By Adam Craggs, Partner

International law firm RPC urges rethink over proposed UK crypto seizure powers

Press and Media

RPC expands real estate practice with the hire of Partner, Jon Ely

Published on 17 Jan 2023. By Jon Ely, Partner

International law firm RPC announced today that commercial property lawyer Jon Ely has joined the firm in Bristol as a Partner in the real estate practice.

Press and Media

RPC appoints its first independent non-executive director

Published on 12 Jan 2023.

International law firm RPC has announced the appointment of Béatrice Butsana-Sita as its first independent non-executive director (INED). Her appointment will take effect from today.

Press and Media

What are the 8 key concerns insurers will face in 2023?

Published on 12 Jan 2023. By Simon Laird, Global Head of Insurance

Annual Insurance Review from international law firm RPC identifies ESG risks, climate change and cyber-attacks as top challenges.

Press and Media

RPC advises senior management of AgriBriefing on acquisition by Mintec

Published on 11 Jan 2023. By James Mee, Partner and David Wallis, Partner

International law firm RPC is advising the senior management of AgriBriefing on its announced acquisition by Mintec, a leading global provider of price data, analytics, and forecasts for agri-food, to create a market leading Price Reporting Agency (PRA) and Data Provider.

Press and Media

UK’s biggest banks facing 109 class action lawsuits

Published on 09 Jan 2023. By Simon Hart, Partner, Head of Commercial Disputes and Daniel Hemming, Partner

41 outstanding cases relate to interest rate manipulation; 18 concern terrorist financing Litigation funders attracted by prospect of significant payouts

Press and Media

Number of fines issued by the FCA more than doubled in 2022

Published on 04 Jan 2023.

The FCA issued 26 fines in 2022, compared to just 10 in 2021 The FCA is sending a clear message: misconduct will not be tolerated

Press and Media

Value of fines issued by ICO increases threefold in a year – from £4.8m to £15m

Published on 19 Dec 2022. By Richard Breavington, Partner

Fines relating to data breaches account for a third of the overall value The largest fine issued was £7.5m

Press and Media

Edinburgh Reforms are 'a positive step in the right direction'

Published on 14 Dec 2022. By Whitney Simpson, Of Counsel

International law firm RPC says reforms will bring innovation and increased accessibility of consumer credit products

Press and Media

UK Government’s plans to raise as much as £200m a year from seizing crypto assets at risk without proper investment

Published on 07 Dec 2022. By Adam Craggs, Partner

Plans by the UK Government to seize as much as £200m a year in crypto assets* will be difficult to implement without significant investment in resources to pursue such seizures, says international law firm RPC.

Press and Media

Legal claims against banks expected following collapse in Sterling

Published on 06 Dec 2022.

Legal disputes between banks and their business customers are expected following the collapse in the value of sterling against the U.S. Dollar and the volatility of other currencies, says international law firm RPC.

Press and Media

Employers 'need to be proactive in understanding menopause'

Published on 23 Nov 2022. By Kelly Thomson, Partner, ESG Strategy Lead

International law firm RPC warns upward trend of employment tribunal cases where companies were found at fault over issue

Press and Media

Amount seized in forfeiture orders jumps 77% to £191m in past year

Published on 21 Nov 2022. By Adam Craggs, Partner

The amount of money seized by UK law enforcement agencies, including His Majesty's Revenue and Customs (HMRC), the Serious Fraud Office (SFO) and the National Crime Agency (NCA), has jumped 77% from £108m to £191m in the last year*, says international law firm RPC.