Eastern promises

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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 […]

Recommended

Vinson & Elkins bulks up Middle East

Vinson & Elkins has underscored its dedication to its United Arab Emirates strategy by relocating key partners to the region. The US firm, which has offices in Dubai and Abu Dhabi, has relocated Texas-based capital markets partner Jim Knight to its Dubai office and corporate partner Creighton Smith to the firm’s Abu Dhabi office which […]

Turners and Ottaways set merger date

St Albans firms Turner & Debenhams and Ottaways will merge on 1 September to create a firm with a combined turnover of around £8m. The new firm will be called ­Debenhams Ottaway and will comprise 17 partners and 120 staff. The firm will move into Turners’ current offices.

Collas Day expansion to encompass City, Jersey

Guernsey offshore firm Collas Day is to open a ­London office as part of a broader expansion plans. Commercial partner Jason Romer said: “To begin with it will be a marketing outpost, with one person encouraging more interaction between the London markets and Collas Day. “In time it will become a fee-earning office, but it’s […]

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DWS fast-tracks associates to boost Middle East

City firm dangles early partnership carrot in bid to build Dubai, Qatar and Saudi Arabia Denton Wilde Sapte is drafting a formal policy that could see London associates who transfer to international offices guaranteed partnership promotions within a year of moving. One Dentons senior ­associate told The Lawyer he had been asked to move to […]

Power play

The Royal Court of Jersey’s ruling concerning BetOnSport.com founder Gary Kaplan’s actions has shed light on the status of protector powers. The Royal Court of Jersey has provided useful clarification on the status of protector ­powers and the doctrine of fraud on a power in its judgment in the matter of the Bird Charitable Trust […]

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