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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

Will US firms clean up in telecoms?

Colin Long, partner, Olswang Liz Hiester, partner, Clifford Chance James Chesterman, partner, Weil Gotshal & Manges BILLIONS of pounds are being invested in the cable and telecoms industry as the sector continues to thrive amid mergers of colossal proportions. US cable TV giant Comcast recently announced the purchase of MediaOne in a £37bn stock and […]

Morgan Cole chairman hands over reins

MORGAN Cole chairman John Bowen, who steered his firm through the merger last year, is to step down. Morgan Bruce, Bowen’s former firm, merged with Cole & Cole in November as part of a bid to dominate the M4 corridor. He is handing over his co-chairmanship to Guy Clarke, former managing partner at Morgan Bruce. […]

In brief: Clyde & Co

Clyde & Co’s head of energy has had his attempt to rescue debt-ridden Premier Oil rejected by the board. Despite the blow, Peter Felter says his rescue team will continue in its campaign to implement a new board.

Shearman's Paris chief deserts to Hammonds

FORMER Shearman & Sterling managing partner William Lee will this week join City firm Hammond Suddards. Lee, who managed the Paris office of the US firm, will take a consultative role in the corporate finance department as part of a strategic move to expand in the UK and internationally. He says: “Hammonds is a firm […]

Law Soc plans to cut OSS funds

The Law Society has announced plans to slash by a third the £9m budget of the beleaguered OSS in 2001. As it announced the plans it also pledged to tackle guilty firms and improve the procedure for complaints resolution. A managing partner of a top five firm says: “There’s a general acknowledgement that the OSS […]

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