header-logo header-logo

Digital nerve centre

14 March 2024 / Author(s): Simon Cohen
Issue: 8075 / Categories: Career Clinic
printer mail-details
176994
The common law gives England & Wales the flexibility to be a technology hub—and the draft digital assets Bill reinforces that, writes Simon Cohen
  • The Law Commission is seeking to cement England and Wales as the leading jurisdiction for digital assets law and disputes.
  • The draft Property (Digital Assets etc) Bill would put a third category of personal property on a statutory footing.

Steeped in history (English legal memory began in 1189) and always forward-looking, English common law has repeatedly proven itself permissive, adaptable, commercially minded and—crucially—certain.

These are the reasons why common law systems across the world (all of which have their origins in English law) have the advantage over the fixed and rigid (some might argue sclerotic) codified systems of law that are prevalent in, among other places, continental Europe. It is the reason why entrepreneurs and businesses with no connection with Britain, and whose arrangements may have little to no nexus with these shores, repeatedly choose to have their commercial agreements governed by English law and for English courts to have the final say in the event of a dispute.

It

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in

MOVERS & SHAKERS

NLJ career profile: Liz McGrath KC

NLJ career profile: Liz McGrath KC

A good book, a glass of chilled Albarino, and being creative for pleasure help Liz McGrath balance the rigours of complex bundles and being Head of Chambers

Burges Salmon—Matthew Hancock-Jones

Burges Salmon—Matthew Hancock-Jones

Firm welcomes director in its financial services financial regulatory team

New Square Chambers—Alexander Farara

New Square Chambers—Alexander Farara

Chambers welcomes new member

Gateley Legal—Sam Meiklejohn

Gateley Legal—Sam Meiklejohn Premium Content

Partner appointment in firm’s equity capital markets team

Blake Morgan—Oliver Crich

Blake Morgan—Oliver Crich

New partner joins firm in health social care practice

Weightmans—Carolyn Morgan

Weightmans—Carolyn Morgan

New partner in firm’s Glasgow office

back-to-top-scroll