Bakers swoops on PwC for 22-strong team

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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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Hammonds: 2 out of 3

Hammonds managing partner Peter Crossley’s mantra is “business, business, business”. Top of the PEPs Revenue PEP Table Hammonds managing partner Peter Crossley’s mantra is “business, business, business”. Crossley prides himself on managing his lawyers not as part of a profession but as part of a business. And like with many businesses in the current climate, […]

Royds

Royds is one of the few firms left in the City with a private client practice. Royds is one of the few firms left in the City with a private client practice. Having represented wealthy individuals for more than 100 years, it has a diverse list of clients, ranging from landed gentry to media entrepreneurs. […]

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Law firms beat banks on graduate pay

Trainee solicitors are the highest paid graduates in the UK, according to a new survey published today (8 July). The median starting salaries for trainee solicitors in 2008 is £36,500, putting law ahead of investment banking for the first time, according to the Association of Graduate Recruiters (AGR) summer survey. The median graduate salaries paid […]

Bredin Prat taps Freshfields for employment hire

French firm Bredin Prat has made a rare lateral hire, luring the head of the employment department at the Paris office of Freshfields Bruckhaus Deringer. Pascale Lagesse has led the French employment practice at Freshfields since 2000, and her hire is part of the launch of an employment group at Bredin Prat, the French best […]

Breaking the Cheyne

A novel proposal for the restructuring of Cheyne Finance could signal a change in fortunes for other crunch-hit structured investment vehicles. An agreement has been reached in respect of the restructuring of Cheyne Finance, a structured investment vehicle (SIV) that has succumbed to the ongoing liquidity and credit crunch. This agreement may herald a change […]

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