Doughty Street raids Tooks in double swoop for crime duo

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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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Ex-Mayer Brown US information chief charged with $850,000 fraud

Mayer Brown’s former chief information officer (CIO) has been charged with defrauding the firm out of hundreds of thousands of dollars in a fake invoices scam. A statement issued by the US Department of Justice (DoJ) yesterday confirmed that former Mayer Brown CIO David Tresch had been arrested in Chicago on federal charges alleging he […]

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Ashurst taps Allen & Overy for Hong Kong disputes partner

Ashurst has hired senior litigation partner Angus Ross from Allen & Overy’s Hong Kong office in a bid to build its Asia dispute resolution practice. Ross is a veteran litigator focusing on complex disputes in the banking sector. He was a long-serving disputes partner of Allen & Overy, who relocated from London to Hong Kong […]

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The great Aussie merger mystery

In the past three years eight UK firms have launched Down Under, but only a couple have done it through full equity mergers. Read on to find out why There is more than one way to skin a cat. From Norton Rose’s Swiss Verein, Allen & Overy’s (A&O) team-poaching and Clifford Chance’s merger with boutique […]

Living Social legal chief jumps to King.com

The former international legal chief of deals website Living Social has taken up a new in-house role at online games developer King.com. Rob Miller, who has held top legal jobs at Skype and eBay in the past, joins two other in-house lawyers at King.com where he will report to CEO Riccardo Zacconi as chief legal […]

India Supreme Court decision signals pro-arbitration turn

In an important reversal of precedent, the Supreme Court of India held that Indian courts may not exercise supervisory jurisdiction over foreign-seated arbitrations pursuant to the Arbitration and Conciliation Act, 1996. The ruling, issued in Bharat Aluminum Co. v Kaiser Aluminum Technical Service Co., Civil Appeal No. 7019 of 2005, marks a pro-arbitration turn by […]

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