Latest Briefings

Cartels and the construction sector: Levelling up and screwing down

In recent years, the UK’s construction sector has not had a happy track record with respect to competition law enforcement, where the Competition and Markets Authority has fined construction companies a total of £67 million across five cases. Of particular significance is the increased focus on individual responsibility, as these cases also led to the disqualification of 11 directors and two criminal convictions.

Snapshot: Enforcement of foreign arbitral awards in the Cayman Islands

Foreign arbitral awards may be enforced relatively quickly and easily in the Cayman Islands and the Cayman Islands courts are willing to assist with the recovery of judgment debts. This Snapshot provides an overview of the recognition process and the steps that are then available for enforcement.

Jersey Royal Court concludes there is no substratum rule that applies to Jersey trusts

The Royal Court has recently clarified the Jersey law position of whether a trust is able to lose its substratum. Following analysis of the recent decision of the Bermuda Court of Appeal in Grand View Private Trust Company Limited v Wong & Ors, the Royal Court concluded that there was no substratum rule which applied to Jersey trusts and that powers of addition or exclusion contained within Jersey trusts should be given their natural meaning.

Working with AI

On 23 September 2021 Shoosmiths hosted its latest IHL webinar on working with AI: the key types, implementing AI and what the future might bring. Ian Blackwell represented Next Retail Ltd on the panel, alongside Simon McArdle and Sebastian Price, Commercial Partners at Shoosmiths.

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Cannon Place

CMS seeks multimillion-pound revenue stream from disputes tech arm

CMS Cameron McKenna Nabarro Olswang (CMS) has converted its in-house litigation technology unit from a business support function to a revenue generator, with it grossing slightly less than £5m in the 2018/19 financial year. The unit, called internally CMS Evidence, is the firm’s in-house service aimed at supporting forensic analysis and review. Last May, legal […]

Penelope Warne

CMS reveals steady, but not stellar, financials two years after merger

Two years into its tripartite merger, CMS has reported a single digit rise in its financials to hit €1.36bn. According to the firm, UK turnover grew 5 per cent over 2018/2019 from £518m to £545.8m, with global revenue also rising 5 per cent to €1.36bn. The rise in revenue is much more muted compared to […]

Penelope Warne, CMS

CMS makes up 49 in latest promotions round

CMS has made up 40 partners in its latest promotions round, the largest number ever. The firms scored well for gender diversity in the UK, with women making up 76 per cent of the 21 promotions in the UK. Outside the UK, however, just seven of 28 partners made up were women. In the UK, […]

Motorola

Wachtell and Simpson Thacher reprise roles on Motorola’s tech investment

Wachtell Lipton Rosen & Katz and Simpson Thacher & Bartlett came together again to advise Motorola Solutions and Silver Lake, respectively, on the extension of their partnership. The technology-focused private equity firm started its investment in Motorola’s data and telecomms equipment provider back in 2015, investing $1bn in the company, and in this recent deal […]

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