Press & Media

News, views and comment - RPC in the media.

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

Published on 17 February 2023

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

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

Published on 10 February 2023

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.

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

Published on 09 February 2023

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

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

Published on 06 February 2023

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

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

Published on 01 February 2023

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

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

Published on 26 January 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

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

Published on 20 January 2023

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

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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 January 2023

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

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

Published on 17 January 2023

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.

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RPC appoints its first independent non-executive director

Published on 12 January 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.

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

Published on 12 January 2023

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

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RPC advises senior management of AgriBriefing on acquisition by Mintec

Published on 11 January 2023

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.

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UK’s biggest banks facing 109 class action lawsuits

Published on 09 January 2023

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

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

Published on 04 January 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

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

Published on 19 December 2022

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

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

Published on 14 December 2022

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

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

Published on 07 December 2022

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.

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Legal claims against banks expected following collapse in Sterling

Published on 06 December 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.

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Employers 'need to be proactive in understanding menopause'

Published on 23 November 2022

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

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

Published on 21 November 2022

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.

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Negligence claims 'likely to increase' over Covid delays to cancer care

Published on 21 November 2022

International law firm RPC warns patients who have had to wait for cancer referrals and treatment could seek compensation

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Autumn Statement comes as 'welcome relief' for LDI market

Published on 17 November 2022

International law firm RPC says there has been no 'doom loop' in market stability or movement in gilt yields

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HMRC must tackle tax credit fraud with 'robust measures to weed out abuse'

Published on 03 November 2022

International law firm RPC warns 'huge scale' of erroneous claims could put off or delay those entitled to R&D relief

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RPC advises Milk on acquisition of Lola Post Production

Published on 03 November 2022

International law firm RPC has advised Award-winning London-based VFX studio Milk on its acquisition of independent, BAFTA Award-winning VFX studio Lola Post Production, as part of wider plans to expand in this rapidly growing sector.

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RPC hires Helen Armstrong to grow its award-winning Technology practice

Published on 31 October 2022

RPC continues its investment in its Tech Disputes offering to support the firm's rapid growth within the technology sector. Armstrong is RPC's 20th new Partner in 2022; mix of lateral hires and internal promotions.

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Statement on Glencore criminal compensation ruling

Published on 26 October 2022

International law firm RPC seeks compensation for bribery victim Nigeria

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FCA's intervention on green claims is 'welcome step forward'

Published on 26 October 2022

International law firm RPC says there are concerns due to lack of regulation of ESG credentials in investment products

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RPC named as first official corporate partner of UOCEAN® 2050

Published on 26 October 2022

International law firm RPC has become the first company awarded official partnership status with UOCEAN® 2050, an environmental mission led by UK-based conservation charity The Vayyu Foundation.

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RPC scores top rankings in Chambers UK 2023

Published on 20 October 2022

RPC has achieved top ranking in nine practice areas in Chambers UK 2023.

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Number of arrests for Covid fraud made by HMRC surges almost 200%

Published on 14 October 2022

HMRC is facing increasing pressure to identify and prosecute fraudsters People who know they have wrongfully applied for Covid support are running out of time to contact HMRC

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RPC signs up to UK Legal Apprenticeship Pledge

Published on 12 October 2022

International law firm signs commitment to recognising apprenticeships as an equal pathway into law

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The Metaverse, green claims and data privacy – what critical issues lie ahead for retailers and consumer brands in Autumn 2022?

Published on 12 October 2022

International law firm RPC launches the latest edition of Retail Compass

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Value of investments into European sport increases 433% to £9.6bn in past year

Published on 07 October 2022

• Total number of deals has increased 28% to 37 in past 12 months • Four £1bn+ deals in the last year, including sales of Chelsea and AC Milan • Women’s football and boxing seen as areas of growth

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Are pension fund trustees at risk of legal action following UK gilts’ meltdown?

Published on 07 October 2022

Are pension fund trustees conducting liability-driven investing at risk of legal action following the volatility in the UK gilt market?

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Six-cess! RPC recognised as top-tier firm across six areas in The Legal 500 UK 2023

Published on 29 September 2022

The 2023 edition of the Legal 500 UK rankings has been released and we are delighted with the latest results.

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RPC named Insurance Law Firm of the Year at ALB Hong Kong Law Awards

Published on 26 September 2022

Accolade comes as international law firm celebrates 10th anniversary in Asia

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International law firm RPC continues ambitious growth as Asia offices celebrate 'remarkable decade'

Published on 21 September 2022

RPC is eyeing up an ambitious future as the international law firm celebrates a 'remarkable decade' of exponential growth and success in Asia.

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RPC's Insurance Group adds further strength with new financial services and D&O Specialist in Bristol

Published on 12 September 2022

International law firm RPC has hired Terence Dickens as a Partner for its leading Insurance Group, specialising in financial services disputes. He joins the firm on 12 September 2022 and will be based in RPC's Bristol office.

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RPC becomes first UK law firm to deploy mental health support tool R;pple on World Suicide Prevention Day 2022

Published on 08 September 2022

RPC will become the first law firm in the UK to deploy an online intervention tool that helps prevent self-harm, ahead of World Suicide Prevention Day 2022.

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RPC's growing Singapore office welcomes new Tech Partner

Published on 08 September 2022

• The move is driven by growing client demand and the firm's ambition to grow its award-winning international Technology practice to support its clients' commercial needs. • RPC has now hired 8 Partners in 2022, in addition to promoting 10 new Partners at the beginning of May, across Hong Kong, Singapore, London and Bristol.

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UK retail sector M&A deals increase to 34 – up 21% on last year

Published on 05 September 2022

• M&A targeting fashion retailers particularly active

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The amount of tax HMRC believes High Net Worths owe on Stamp Duty jumps by a third in past year to £80m

Published on 18 August 2022

Wealthy individuals also suspected of underpaying £48.3m in tax relating to trusts in the last year

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

Published on 10 August 2022

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.

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RPC welcomes new Construction and Engineering Partner to its growing Real Estate and Construction team within its market-leading Commercial group

Published on 09 August 2022

• The move is driven by growing client demand, in particular from the retail and tech sectors, to support their increased construction needs. • RPC has now hired 7 Partners in 2022, in addition to promoting 10 new Partners at the beginning of May across its four offices.

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Wagatha Christie trial timely reminder of inherent risks in litigation between high profile individuals

Published on 29 July 2022

Earlier today, the UK's High Court handed down its decision on the highly publicised case Vardy v Rooney.

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Businesses face 'significant work ahead' to comply with FCA's new Consumer Duty

Published on 29 July 2022

International law firm RPC says regulator has given companies 'little concession' on timeframe to implement change

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FCA is 'sending clear message to firms involved in Europe's largest tax scandal' as it issues £2million fine against The TJM Partnership

Published on 20 July 2022

International law firm RPC says repercussions from the Cum-Ex scandal, which started as long ago as 2001, continue amid warning to businesses over their compliance obligations

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HMRC investigations into corporate tax evasion drop to lowest level in five years

Published on 18 July 2022

• Regulator reveals there are just 7 live Corporate Criminal Offence (CCO) investigations • In 2021, there were 14 live CCO investigations • HMRC has not issued a single prosecution since CCOs were introduced in 2017 • Law firm RPC says Brexit, Covid and financial constraints have all impacted HMRC

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Crypto crash could accelerate insurers rewriting policies to reduce exposure claims

Published on 15 July 2022

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.

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Serving court documents by NFT will help fraud victims recover assets - but crypto exchanges are 'likely to be on red alert' after trust ruling

Published on 13 July 2022

• International law firm RPC says ruling in D’Aloia v. Persons Unknown and Binance Holdings Limited & Others is 'very significant' for crypto fraud victims • But cryptocurrency exchanges could now face claims for breach of trust for misappropriated funds held on their platforms

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