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The Court of Appeal has held that an "adequate indemnity" in respect of overpayments of VAT made between 1973 and 2004 requires HMRC to pay to Littlewoods interest on the VAT repayments calculated on a compound basis.
ESMA Opinion calling for a modification of the UCITS Directive to take into account the clearing obligations for over-the-counter financial derivative transactions under EMIR.
Many companies will be less than happy about the latest news that the consumer organisation in North Rhine-Westphalia (Verbraucherzentrale NRW) has taken legal action against the chain of clothing stores Peek & Cloppenburg and the loyalty programme company Payback due to an alleged failure to comply with data protection rules in connection with use of the “Like” button.
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