European Commission revises rules for state-aid support for films

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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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Global litigation: it’s all about the money

Today sees the publication of The Lawyer’s annual Global Litigation Top 50, our annual analysis of which of the world’s largest firms are generating the most fee income from disputes. To put this into context, this is a $24.35bn market we’re talking about. Topping the charts this year with a total disputes revenue of $1.09bn […]

ASIC puts insider trading under the microscope

By Jim Holding, Lyndon Masters and Daniel McGuiness The Australian Securities and Investments Commission (ASIC) has announced that its new $43.7m (£24.2m) next-generation market surveillance system has become operational. The system, known as Market Analysis Intelligence (MAI), will allow ASIC to monitor up to one billion order changes per day. On this basis, MAI will have sufficient […]

Rent as an expense of the administration: an update

We reported in our last newsletter that the High Court has granted permission in the Games Station administration on the question of the circumstances in which rent and service charges are to be treated as an expense of an administration.  The current position, following Goldacre and Luminar, is that rent and service charges payable in advance and which […]

No5 Chambers’ Martin Kingston advises on housing project in Burton

Nurton Developments has been granted outline planning permission for ‘Branston Locks’, a new community in Burton. Martin Kingston QC of No5 Chambers advised on the project, which will create 2,850 new homes on 50 acres of land designed to generate up to 3,000 jobs over the next 10 years. It will also include a primary school, […]

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