Employment: Sir Alex Ferguson’s departure shows employers need to plan for succession

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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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Third-party inducements bans in the Netherlands

On 1 January 2013, the inducement rules for non-MiFID products were amended in the Netherlands by the introduction of a complete ban on third-party inducements. The ban means that financial service providers are no longer allowed to receive inducements for acting as an intermediary or an adviser in respect of these products. The background to […]

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Herbies strengthens nascent Frankfurt base with Norton Rose hire

Herbert Smith Freehills (HSF) has appointed Norton Rose’s Frankfurt corporate team leader Nico Abel as its second partner for its new German offices. Abel joined Norton Rose in 2005 from Freshfields Bruckhaus Deringer. He focuses on cross-border M&A transactions, joint ventues, carve-outs and distressed M&A, advising strategic investors and private equity sponsors. The news follows […]

Restructuring

With such an extensive and dedicated team, we advise on the largest and most complex restructurings and pride ourselves on providing pioneering solutions as well as real commercial results. We specialise in cross-border restructurings and insolvencies, utilising the full range of international options including US Chapter 11 reorganisations, UK schemes of arrangement, pre-packaged sales and […]

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Linklaters, Clifford Chance power up for oil majors investigation

Magic circle firms Linklaters and Clifford Chance have been instructed by two of the oil majors that faced dawn raids by the European Commission this week. BP and Shell were two of four companies raided by EC officials this week as part of an investigation relating to the price of oil, refined products and biofuels. […]

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Garrigues pulls out of Latin American alliance to open own offices

Europe’s largest law firm, Garrigues, is quitting the Latin American alliance it founded in 2004 in order to launch its own offices on the continent. Garrigues set up the Affinitas alliance with a group of Latin American firms in 2004 (13 January 2003), gradually expanding the network to cover Argentina, Chile, Colombia, Mexico and Peru. […]

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