The Upper Tribunal has rejected an application by the trustee of the British Coal Staff Superannuation Scheme for an expedited referral of its case to the Court of Justice of the European Union (“CJEU”). The Upper Tribunal decided that the unprecedented circumstances arising from the triggering of Article 50 did not alter its established test, … Continue Reading
Written by Will Sparks, Senior Associate The UK Chancellor of the Exchequer, George Osborne has admitted defeat in his effort to overturn EU legislation that caps bankers’ bonuses, after an opinion issued by the European Court of Justice (ECJ) comprehensively dismissed the UK’s arguments that the rules are illegal. The government’s case concerned the CRD IV … Continue Reading
