Latest Briefings

EU-US Privacy Shield for data transfers ruled as invalid

The Office of the Data Protection Authority in Guernsey (ODPA) has warned companies in the Bailiwick to be aware of the recent Court of Justice of the European Union (CJEU) judgment which affects all businesses who transfer personal data outside of the Bailiwick and the European Union (EU).

Recognition and Assistance for PRC Insolvency in Hong Kong

Synopsis A recent case in Hong Kong, has demonstrated both the ability and willingness of common law courts to recognise insolvency appointments made by the courts of the People’s Republic of China (‘PRC’), and to grant appropriate assistance at common law. It is to be hoped that this proven track record will pave the way for easier recognition of common law court appointed liquidators in PRC, where, unlike in common law countries, such recognition is subject to the principle of reciprocity.

New LCIA Arbitration Rules: In force on 1 October 2020

The London Court of International Arbitration (LCIA) recently released its updated arbitration rules (the “2020 Rules”) which will come into force from 1 October 2020 and will apply to any arbitration commenced under the auspices of the LCIA on or after this date. The 2020 Rules, in the LCIA’s own words, aim to make the arbitral processes “even more streamlined and clear” for arbitrators and parties alike. We summarise nine key changes and one omission.

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Gherkin Kirkland

Kirkland leads for Bain Capital in latest insurance-related investment

Three firms fielded teams of lawyers on a deal that saw Bain Capital Credit agree a strategic partnership deal with insurance investor Beat Capital Partners. Kirkland & Ellis won the mandate from Bain’s credit arm, with a team led by transactional partners Rajab Abbassi and Aprajita Dhundia, as well as insurance regulatory partner Parimah Hassouri and […]

London

McDermott cuts business support roles in London

McDermott Will & Emery has carried out a redundancy round in its London office, affecting a small number of business support professionals. The UK outpost of the US firm has let go of what is understood to be up to four staff members from within its PA and business support ranks. When contacted by The […]

Gary Hamp

Shearman tops up City finance team with Latham hire

Shearman & Sterling has replenished its London partner headcount, with the arrival of a new hire from Latham & Watkins’ Hong Kong office. Shearman has added Latham leveraged finance partner Gary Hamp to its team in the City. Hamp will relocate from Latham in Hong Kong, having been based out there for over a decade. […]

Forsters and RPC clash in negligence claim against Charles Russell Speechlys

Charles Russell Speechlys (CRS) is facing a professional negligence claim from a former client who has accused the firm of providing “substandard planning advice”. Forsters is bringing the case against CRS on behalf of real estate developer Zipporah Lisle-Mainwaring, who is criticising the firm for advice given when purchasing a property in central London. Lisle-Mainwaring […]

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