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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

Shearman tax partner defects to Watson Farley in NY

Watson Farley & Williams’ New York office has raided Shearman & Sterling for a new partner for the second time in 12 months. Stephen Millman, a senior partner specialising in tax and leasing, moves to Watson Farley’s New York office today (24 May). On joining he will be reunited with former Shearman partner John Imhof, […]

Tite & Lewis team moves to Nabarros

Nabarro Nathanson has captured a highly rated team from the beleaguered Tite & Lewis, led by banking partner Charles Proctor and M&A specialist Andrea Cropley. Proctor and Cropley have worked closely together for asset-based lending client Burdale, which the pair have taken with them to Nabarros. Proctor has acted for a range of financial institutions […]

Morality bites

Human rights lawyer Phil Shiner is determined to bring the UK to book over the war in Iraq. Jon Robins reports How’s your father? If the tabloids are to be believed – and that’s a big ‘if’ – then his recent work representing the families of 13 dead Iraqi civilians makes this a more than […]

Expert claims fears of tax hike are unfounded

Fears among lawyers of tax increases caused by an accounting change that values work in progress (WIP) at selling price rather than cost are unfounded, according to Trevor Johnson of the Association of Taxation Technicians. Writing in industry magazine The Tax Adviser, Johnson said that Application Note G was unequivocal. He said the note provides […]

Speechly Bircham see income bounce back

Profits at Speechly Bircham have rebounded this year, rising by 10 per cent. Average profits per partner (PPP) reached £265,000 for 2003-04, in stark contrast to the 21 per cent decline in remuneration Speechly Bircham recorded in the previous 12 months. Although the firm is still to reach the heights it achieved in 2001-02 when […]

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