Constellation Energy hires St Paul group counsel

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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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Directing the blame

Draft guidelines from the Office of Fair Trading are set to give the body greater power to disqualify company directors. Joanna Goldsworthy reports on related recent cases Company directors have once again come under scrutiny in the past couple of months, with the Office of Fair Trading (OFT) publishing draft guidelines that could give the […]

Clyde & Co finds quick-fix solution for WTC claims

A unique scheme has been drawn up by Clyde & Co to resolve quickly the hundreds of reinsurance claims arising out of the destruction of the World Trade Center (WTC) – totalling an estimated $45bn (£28.7bn) – that are soon to reach the London market .The firm’s senior partner Michael Payton is responsible for the […]

Finance

Say the word ‘derivatives’ and normal people look blank and switch off. Even lawyers tend to glaze over when faced with more than a fleeting moment engaged in derivatives banter. But if you put credit derivatives and workouts together, it’s another matter entirely. The combination creates a fizz, not dissimilar to the reaction seen when […]

Mishcons forms LLP to buy new office

Mishcon de Reya has set up an innovative management structure for its new building in Holborn, central London The equity partners of the firm have set up a separate limited-liability partnership (LLP), which legally owns the freehold of the building.Mishcons has the lease and pays a monthly amount into the LLP. The firm originally bought […]

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UK leans towards contingency fee payments

The US style of paying lawyers by contingency fees is growing in the UK, as what is believed to be the fourth firm begins working on this basis Contingency fees – where fees are charged as a percentage of the value of the claim but only paid if successful – are increasingly popular in the […]

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