Clintons bags TV celebrities

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Latest Briefings

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 […]

English Courts grant freezing order against unidentified individuals

By Nick Curling In CMOC v Persons Unknown [2017] EWHC 3599 (Comm) the claimant, China Molybdenum Company (CMOC), successfully obtained a worldwide freezing order against a class of unknown respondents. This was the first time the English Courts have granted a freezing order against unidentified individuals. Background The claim underlying CMOC’s freezing order application related to losses […]

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Herbies lands IPO for major HK bank

Herbert Smith’s Hong Kong office has scooped an instruction to act for China Construction Bank in what could be the largest initial public offering (IPO) seen in the global equities market this year. Herbert Smith beat several firms, understood to include all those in the magic circle, to win the lucrative mandate to advise China […]

Sidley considers hedging

Sidley Austin Brown & Wood is among a number of US firms exploring the possibility of entering into commercial hedging contracts to protect its partners’ compensation against any future decline in value of the dollar. A Sidley source said that the firm is in the throes of reviewing how to protect the pay packets of […]

Disney calls in Wachtell for takeover battle

Disney has shown that it is up for the challenge of fighting Comcast’s $66bn hostile takeover bid by appointing defence specialist Martin Lipton of Wachtell Lipton Rosen & Katz. Disney chairman Michael Eisner turned to Lipton to add some muscle to its defence after initially appointing regular adviser Dewey Ballantine, whose co-chairman Morton Pierce and […]

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Lost at sea

The International Maritime Bureau is about to set up a global panel of law firms to help it fight shipping fraud. Brendan Malkin opens the hatch

Dust-buster

Neil Toner reports on the new obligations that the Asbestos at Work Regulations impose on landlords and tenants

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