News & Events
News & Events
Events 20 Oct, 2023
News 28 Sep, 2023
News 24 Oct, 2023
Outer Temple Chambers is delighted to be partnering with the DIFC for a talk on DIFC legislative reform at the Thought Leaders 4 FIRE Summit on Tuesday 14th November 2023 at the Shangri-la Hotel Dubai. Join Outer Temple’s David Russell KC, Andrew Spink KC, Nicolas Stallworthy KC and Justina Stewart in their discussion with Jacques Visser and Katherine Nixon of the Dubai International Financial Centre on the topic of ‘Understanding Major Legislative Reform in Dubai of Digital Assets, Smart Contracts and Secured Transactions’ at the Shangri-la Hotel in Dubai between 3:40pm – 4:20pm. The talk will highlight the groundbreaking DIFC legal reforms on digital assets, smart contracts and secured transactions. Book your place Perfectly timed with Dubai Arbitration Week and…
Events 8 Nov, 2023
We are delighted to announce that our Technology, Data and Crypto team have been awarded Set of the Year at the Legal 500 Bar Awards 2023. The Legal 500 Bar Awards took place on Tuesday 3rd October 2023 at London Hilton, Park Lane. Andrew Spink KC, Justina Stewart and Sam Carter attended the awards evening and proudly accepted the award for Technology, Data and Crypto Set of the Year. The awards are determined on The Legal 500’s market-leading independent research, conducted by over 20 in-house and freelance researchers with in-depth knowledge of their practice areas for the annual directory. Winners are selected by a judging team spearheaded by Bar editor Will Tolcher, deputy Bar editor Charlotte Meredith, and publishing director…
News 4 Oct, 2023
![On 27 September, the DIFC published Consultation Papers[1] on a new Digital Assets Law, new Law of Security and proposed amendments to a wide range of DIFC Laws.[2] See the DIFC’s press release here.](https://www.outertemple.com/wp-content/uploads/2023/10/OTC-team-advises-DIFCA-on-innovative-new-laws-on-Digital-Assets-and-secured-transactions-550x370.png)
On 27 September, the DIFC published Consultation Papers[1] on a new Digital Assets Law, new Law of Security and proposed amendments to a wide range of DIFC Laws.[2] See the DIFC’s press release here. The proposed new laws and amendments constitute a first-of-its-kind approach to digital assets and secured transactions. The Consultation Papers and draft laws are the culmination of months of work by the DIFC Authority and a team of OTC’s digital assets and banking and finance experts: Andrew Spink KC, David Russell KC, Nicolas Stallworthy KC, Justina Stewart, Henry Reid, Joshua Cainer, Anson Cheung and Charlotte Elves alongside Hin Liu from Oxford University. Key points: The work has involved extensive analysis of, not only academic literature and approaches…
News 2 Oct, 2023
We are delighted to announce that Helen Pugh of Outer Temple Chambers will be speaking at Informa’s Gibraltar Digital & Crypto Funds Conference this Thursday. Helen Pugh of Outer Temple Chambers will be joining Elliott Phillips, Partner, and Kate Gee, Counsel, both of Signature Litigation, to discuss ‘Litigation of crypto disputes: Exploring future prevalence and form of dispute resolution’. The conference will focus on the landscape for regulation and dispute resolution of digital and crypto funds within Gibraltar and Europe. Speakers and attendees include leading digital asset managers, digital asset investment platforms, blockchain providers, regulators and legal specialists. The talk with Helen, Elliott and Kate will focus on: The expected prevalence of disputes and litigation following high profile corporate collapses;…
Events 11 Sep, 2023
With digital assets and technology constantly evolving, Outer Temple Chambers’ Fintech team take a look at their progress over the last year and the reasons they have been nominated by Legal 500 Bar Awards for best Team, best Silk and best Junior in this area. Worldwide appetite for digital assets and cryptocurrencies has exploded in recent years, with new cryptocurrencies and blockchain-based platforms continuing to develop at lightning speed. However, with new developments come new threats and the law is continuously evolving in response. Outer Temple Chambers has been at the forefront of these legal developments, in both an advisory capacity and in handling precedent setting disputes. The Fintech team takes a look at the past 12 months and the…
Legal Blogs 17 Jul, 2023
![Henry Reid instructed in Payward Inc & Ors v Maxim Chechetkin [2023] EWHC 1780 (Comm)](https://www.outertemple.com/wp-content/uploads/2023/07/Henry-Reid-successfully-resists-the-enforcement-of-an-arbitral-award-in-the-English-Commercial-Court-on-grounds-of-public-policy-550x370.jpg)
Henry Reid in conjunction with Chloe Bell of 3 Verulam Buildings successfully resists the enforcement of an arbitral award in the English Commercial Court on grounds of public policy Henry Reid of Outer Temple Chambers acted in conjunction with Chloe Bell of 3 Verulam Buildings for Mr Maxim Chechetkin against US and UK entities associated with the prominent cryptocurrency exchange ‘Kraken’. The claim was brought under s.26 FSMA 2000 in respect of the sale of certain products in breach of the general prohibition created under FSMA 2000. Henry, together with Chloe, acted at all stages of the claim successfully opposing the Defendants’ challenge of the High Court’s jurisdiction [2022] EWHC 3057 (Ch) and other injunctive applications. Mr Chechetkin then opposed…
News 14 Jul, 2023
We are proud to announce that Outer Temple Chambers has been shortlisted across 9 areas, including ‘set of the year’ for chancery, employment, sport, technology, data & crypto at The Legal 500 Bar Awards. The Bar Awards, presented by The Legal 500, celebrates the finest barristers, chambers, and legal expertise, bringing together some of the brightest minds in the industry. The awards evening will take place on Tuesday 3rd October 2023, at the London Hilton on Park Lane. We are delighted to share that we have been shortlisted for the following Set Awards: Chancery set of the year – Outer Temple Chambers Employment set of the year – Outer Temple Chambers Sports set of the year – Outer Temple Chambers Technology,…
News 13 Jul, 2023
We look forward to Outer Temple’s Justina Stewart speaking at the C5 Crypto and Digital Asset Fraud & Recovery conference on Tuesday 13th June at the Hilton London Kensington. Justina’s talk is scheduled for 2:15pm. Justina, alongside Dan Wyatt (Reynolds, Porter Chamberlain LLP), Wern-Jhien Yam (Partner at Setia Law LLC) and Josh Kemp (Partner at ADG Legal), will be speaking on the hot topic of crypto exchange liability, taking a multi-jurisdictional look at potential causes of action against exchanges if their knowledge falls short of that required for fraud. Find out more Justina is ranked in the legal directories as a leading junior in numerous practice areas – cryptocurrency, insolvency, banking and finance, financial services regulation and commercial dispute resolution. …
News 7 Jun, 2023
Outer Temple Chambers is pleased to be part of London International Disputes Week (LIDW23) for a week long event from 15-19 May 2023 which will explore how the disputes community is, and should be, adapting to a changing world. Members of chambers will be presenting at four talks. With its theme: Adapting to a Changing World, LIDW23 will follow up on last year’s theme “Global, Sustainable, Ethical” and will feature a combination of a varied technical programme combined with the usual variety of social and networking events to enable participants to share ideas, to make new contacts and connections and to renew old acquaintances. Outer Temple Chambers’ barristers will collaborate with other experts and speakers for four talks during the event…
Events 11 May, 2023
Outer Temple’s Anson Cheung comments on the case of Tulip Trading which was first heard in the High Court. This case generated much interest in being the first case to argue that bitcoin developers owed fiduciary duties to the true owners of a defrauded cryptoasset owner. That argument was quickly shot down in the High Court for having no prospects of success, but has now been resuscitated by the Court of Appeal. Background Following an alleged hacking and subsequent theft of keys controlling approximately £3b in cryptoassets, Tulip Trading Limited (Tulip) issued proceedings against certain crypto developers who it claimed controlled and ran 4 different bitcoin networks. Tulip claimed that the developers owed it a fiduciary duty and/or tortious duty…
Legal Blogs 23 Apr, 2023
Read Helen Pugh’s latest article in Butterworths Journal of International Banking and Financial Law on Crypto fraud and the bona fide purchaser for value defence. Helen Pugh was recently published in the January 2023 edition of JBIFL where she considered the fundamental issue of the application of the bona fide purchaser for value defences to crypto transactions tainted by fraud. The key issue for 2023/24 The courts of England and Wales have repeatedly recognised that at least some digital assets can be a type of property for the purposes of granting a claimant proprietary and freezing injunctions and for the purpose of the jurisdictional gateways. As these early claims proceed through the courts, the focus needs to turn to a defendant’s…
External Publications 13 Feb, 2023
Helen Pugh will be chairing the upcoming Tech Disputes Network panel discussion event on 17th January 2023; “Open Source Software Developers: Good Samaritans or Baiters of Guinea Pigs?” The Tech Disputes Network (TDN) is an inclusive forum for professionals from the technology and legal industries interested in avoiding, managing and winning tech disputes. They offer members the opportunity to hear from leading domain experts and develop professional connections in a relaxed manner. The network is run by Sam Roberts of Cooke Young & Keidan and Helen Pugh of Outer Temple Chambers is a committee member. Outer Temple has a long history of supporting the network, including contributing to podcasts and speaking at events. We will be hosting their latest event,…
Events 16 Jan, 2023
