Beachcrofts wins battle for BAE insurance liability work

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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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GALA GROUP

The second deal of its kind for this group of bridge lenders and Gala Group Holdings. The advisers mirror those working on Gala’s acquisition by Credit Suisse First Boston Private Equity last spring, where a bridge loan was used for the £100m purchase followed by a high-yield debt issue, which closed in May. Gala says […]

B&M snaps up Briones to create Spain’s largest independent firm

Baker & McKenzie has merged with Spanish law firm Briones Alonso y Martín to create the largest independent law firm in Spain. The merger, which took effect on 1 January, comes shortly after Madrid-based Briones’ decision to break its three-year alliance with French firm Bureau Francis Lefebvre. Baker & McKenzie already has 16 partners based […]

Lloyd's v jaffray & ors – summary of judgment

Queen’s Bench Division Commercial Court (Cresswell J) 3 November 2000 This trial of an action formed part of the Lloyd’s Names litigation, which concerned three sample Lloyd’s Names who had not accepted the reconstruction and renewal settlement. The issue was whether Lloyd’s had made misrepresentations that it knew to be untrue and/or was reckless whether […]

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Lovells wins Commerzbank after panel firms conflicted

Lovells is acting for Commerzbank for the first time after the bank’s main corporate advisers were conflicted out on German-based Vaillant’s £692m bid for engineering group Hepworth. Commerzbank, which is acting as arranger and underwriter on the debt package financing Vaillant’s offer for UK company Hepworth, usually turns to Allen & Overy (A&O), Linklaters & […]

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