Global business is increasingly familiar with the prospect of short-notice public investigatory attention, whether from regulators, law enforcement, political forces or as a consequence of sanctions, and this can – in in some cases – devastate individual and corporate reputation.
Despite the fact that the threat of an investigation alone can be enough to paralyse a business, early warning signs are often missed and businesses can mistake an investigation risk for a reputation risk. Those who handle serious issues well are able to triage the issue at an early stage and identify its potential impact, […]
Analysis of recent fines suggests that environmental prosecutions are resulting in more substantial fines, especially for ‘very large organisations’.
On September 22, 2021, the Quebec government adopted Bill 64, An Act to modernize legislative provisions as regards the protection of personal information, enacting significant changes to the requirements governing the use and protection of personal information under various statutes, including notably the Act respecting the protection of personal information in the private sector and the Act respecting Access to documents held by public bodies and the Protection of personal information.
The Data Protection Authority in Hungary (Nemzeti Adatvédelmi és Információszabadság Hatóság), recently published its annual report which included details of a fine of €670,000 (HUF 250,000,000) being imposed on a bank. To date, this fine is the highest imposed by the Hungarian Authority.
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Ashurst has established a joint venture with Korean firm, HwaHyun. The deal means that Ashurst will be able to practise Korean law. HwaHyun comprises 17 partners, with total lawyer numbers reaching over 30. Ashurst’s global CEO Paul Jenkins said: “This is the first JV between a Korean firm and an international firm in South Korea, […]
As the global economic situation creates fertile ground for legal market consolidation, the former Polish arm of Weil Gotshal & Manges has announced a merger with a fellow Polish market leader to create an entity worth roughly £30m. Rymarz Zdort, which was created in 2019 after breaking away from the US firm, and Maruta Wachta […]
After a search spanning several years, Morrison Foerster has added a four-strong intellectual property litigation team in London. The US firm’s London office has hired a team led by Steven James from Brown Rudnick. James, who starts at MoFo’s offices in the Scalpel on Thursday, was head of the IP practice across Brown Rudnick’s UK […]
South East firm Birketts has announced a tie-up with Batchelors Solicitors, a 40-strong firm with offices in Kent and London. The merger deal sees Birketts operate in Kent for the first time. The majority of Batchelors’ team is based in Bromley, but it will move over to new space taken up by Birketts in April […]
Leeds has been home to a number of office openings this year, with CMS Cameron McKenna Nabarro Olswang the latest firm to be seeking a launch. The firm has three offices across the north of England in Liverpool, Manchester and Sheffield, but sources say the firm has identified an opportunity in Leeds and is actively […]
A finance partner, who has been at Shearman & Sterling for 16 years, is moving to Allen & Overy. Marwa Elborai specialises in both capital markets and leveraged finance. She was given the nod to partner in 2016. Denise Gibson, co-head of global leveraged finance, said: “It is fantastic to welcome Marwa to our global […]
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