Ashurst to send Green to Hong Kong

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Latest Briefings

Impact of DSARs in the GDPR Era

Since the General Data Protection Regulation (GDPR) went into effect this past May, there has been a significant uptick in the number of data subject access requests (DSARs). Due to these regulatory changes, along with steep fines and shorter deadlines to complete requests, the compliance burden on organizations has to be taken seriously. To effectively […]

British Virgin Islands introduces the Micro Business Companies Act

By Alan Hughes As a leading oÂshore Ênancial center and in keeping with its constant drive toward the development and implementation of robust, modern and progressive corporate products, the British Virgin Islands (BVI) has recently introduced the Micro Business Companies Act (the “MBC Act”) – bespoke and innovative legislation designed speciÊcally toward developing and supporting the […]

Court’s guidance on identifying a firm’s centre of interests

By Duncan Lole, Gawain Moore, Geoff Cunningham In the recent case of Re Videology Ltd, the English High Court considered the factors relevant for determining a company’s centre of main interests (or COMI) and whether it had an establishment in a foreign jurisdiction for the purposes of the Cross-Border Insolvency Regulations 2006. Walker Morris insolvency experts, Duncan […]

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 […]

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Fladgate sued over Izodia fraud

Fladgate is being sued for negligence after a partner took action that allowed a fraud against shareholders in the former dotcom company Izodia. As The Lawyer revealed today (4 August ), former Fladgate corporate head Nicolas Greenstone has been reprimanded by the Solicitors Regulation Authority (SRA) for actions that led to £33m being stolen. Greenstone […]

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Cadwalader: a victim of its own strategy

Cadwalader Wickersham & Taft’s week of woe was caused by a misguided management strategy that its current administration is trying desperately to clean up. Cadwalader Wickersham & Taft’s week of woe was caused by a misguided management strategy that its current administration is trying desperately to clean up. Back in January my New York colleague […]

Ex Shearman German partner rejoins legacy firm

Shearman & Sterling’s former German legacy firm, Schilling Zutt & Anschütz (SZA), has re-hired corporate partner Stephan Brandes from McDermott Will & Emery six months after he left. Shearman & Sterling‘s former German legacy firm Schilling Zutt & Anschütz (SZA) has re-hired former corporate partner Stephan Brandes from McDermott Will & Emery, six months after […]

Eversheds latest to freeze associate pay

Eversheds has frozen associate base salaries in London and the regions as the firm fully enforces its new performance-related remuneration structure. The firm froze its newly-­qualifieds’ salaries at £62,000 in London, while those in the regions stay on £39,000. For lawyers with one year’s PQE, the pay band sticks at between £61,000 and £68,000 in […]

Pinsents knocks DLA off AIM top spot

Pinsent Masons has stormed to the top of Hemscott’s AIM adviser rankings, gaining six new clients in the past six months. In the last quarter the firm overtook AIM heavyweights DLA Piper and Norton Rose for number of clients listed on AIM. DLA Piper remained in second place despite five companies dropping off its roster. […]

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