Bar Council unearths ancient rule in dispute over disbarring

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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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In brief: Report sounds warning to accountants

Accountants are being warned to diversify to meet the growing competitive threat from lawyers and other professionals. A report by the Institute of Chartered Accountants 2005 working party predicts that audit work income will continue to fall with new technology and that the big six firms could become a “big five” or even a “big […]

Colin Passmore on legislation affecting directors' duty of care

The Australian courts continue to take the lead in updating the nature of the duty of care which directors owe to their companies. Last year, the New South Wales Court of Appeal in Daniels v AWA (1995) displaced early English law formulations of the scope of directors’ duties. These required directors to exercise a level […]

Switch on to the IT revolution

Ravinder Singh Chahal is a freelance journalist. As we approach the end of the century, the industrial age is fast being replaced by an age dominated by information technology. More firms are becoming IT-literate through the use of online services, World Wide Web sites, networked systems and even video-conferencing; small wonder then, that it is […]

'Crazy' accounting proposals will hit profit share schemes

Many companies will abandon employee profit-sharing schemes that pay bonuses in shares if they have to follow the Accounting Standards Board’s “crazy” new accounting proposals, say solicitors specialising in the schemes. Representatives of around 70 solicitors belonging to the Share Scheme Lawyers Group have written to the Accounting Standards Board asking it to scrap proposals […]

In brief: Salter scales the planning heights

Ian Salter, associate at Burges Salmon, has gained a double honour by being elected a legal associate of the Royal Town Planning Institute and joining the Law Society’s panel of recommended planning experts.

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