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Latest Briefings

Redress scheme outcome challenges – Have they ended?

By Paul Gair The recent case of R. (on the application of Holmcroft Properties Ltd) v KPMG LLP 2018 WL 04636705 has confirmed that Judicial Review is not the appropriate avenue for a bank customer unhappy with an accountancy firm acting as a ‘skilled person’ in approving an offer of compensation by his bank under a redress […]

English Courts grants freezing order against unidentified individuals

By Nick Curling In CMOC v Persons Unknown [2017] EWHC 3599 (Comm) the claimant, China Molybdenum Company (CMOC), successfully obtained a worldwide freezing order against a class of unknown respondents. This was the first time the English Courts have granted a freezing order against unidentified individuals. Background The claim underlying CMOC’s freezing order application related to losses […]

Pay.UK releases rules and guidance for the confirmation of payee (CoP) service

By Elena Kyriakou On 18 October 2018 Pay.UK announced it had released to the market the standards, rules and guidance for the confirmation of payee (CoP) service. This is the latest in the line of industry initiatives to help protect consumers from falling victim to Authorised Push Payment (APP) fraud. When delivered by payment service providers, […]

Social housing monthly law update – October 2018

By David Isaacson Highlights of this month include: Autumn budget coming up Government announces new generation of council housing Bereavement (Leave and Pay) Act 2018 receives Royal Assent Government announces new housing measures Download the full update to get fully up-to-speed on the past month.

Austria – Has due diligence obligations for shareholder creditors increased?

The Austrian Insolvency Code provides for the possibility to challenge certain disadvantageous transactions carried out by the debtor after material insolvency has occurred, especially if the creditor knew or should have known of its debtor’s material insolvency. This risk of legal actions being contested is of particularly high relevance for shareholders who are also creditors […]

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Conyers advises Mitsui & Co on $21m share in Tsit Wing International Holdings

Conyers Dill & Pearman has provided Bermuda and British Virgin Islands (BVI) legal advice to Mitsui & Co in connection with its investment in the Hong Kong-based coffee and tea provider Tsit Wing International Holdings by way of a minority shareholding in Tsit Wing.  Tsit Wing is a supplier of coffee, tea, sugar, dairy products, […]

Mammoth cases cause fireworks in court as year draws to a close

It’s been a big week for litigation, with a number of crucial rulings on cases identified as part of The Lawyer’s top 20 cases earlier this year.  Just yesterday, the High Court threw out most of the claims brought by Swiss bank UBS against a German water company. The $340m case, concerning complex derivatives bought […]

Eversheds announces hire of Fiona Mahon and Fiona Thornton

Eversheds, Ireland’s only full-service international law firm, has made two senior appointments to the team. Fiona Mahon has been appointed to the position of head of company secretarial and will work with the existing Eversheds team to grow the practice, while Fiona Thornton is joining the firm as consultant to the pensions and employee benefits […]

DLA Piper lawyers teach students from across Africa for fourth year running

DLA Piper, through its non-profit organisation New Perimeter, has taught a week-long Special Economic Zone Course for the fourth consecutive year at the University of the Western Cape this week. An international team of lawyers returned to the University of the Western Cape in Cape Town, South Africa, to teach the course alongside lawyers from […]

Geffen reflects on Ashurt’s flirtation with US merger

It’s been over a year since Ashurst partners voted Ben Tidswell into the firm’s newly created chairman role and in doing so ousted Charlie Geffen after four years at the helm. Having trained at the firm, made partner in 1991, proceeded to become head of private equity and then to senior partner in 2009, the […]

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