Germany’s elite level out as recruitment market slumps

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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

Lack of court resources undermines Woolf reforms

A lack of court resources was hindering access to justice, according to a survey of solicitors published last week. Nearly four out of 10 solicitors responding to a Law Society survey said that inefficient administration in court offices made an appreciable impact on their clients’ cases. This year’s Woolf Questionnaire, dealing with the impact of […]

A&O set for LLP conversion by end of financial year

Allen & Overy is set to become the first magic circle firm to convert to a UK limited liability partnership (LLP). The Lawyer understands that subject to a partnership vote, conversion could take place by the end of this financial year, although it is possible that not all of the firm will initially transfer to […]

Snub thy neighbour

You’ve got to feel sorry for Benelux firm Stibbe. It’s bad enough being dissed by longstanding client ING, which only put Stibbe on its domestic panel rather than its global one, but worse still is that those poor Stibbe partners will have no chance of putting the snub behind them, as their Amsterdam office is […]

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Probate solicitors receive billing boost

Appeal judges recently ruled that probate solicitors could bill according to the value of the estate they are administering, as opposed to their hourly rate. The case, Jemma Trust co v. Liptrott & Others, concerned Bolton law firm Kippax Beaumont Lewis, which was involved in the administration of a £10m estate. The firm had charged […]

ICC slams US Alien Tort Statute

THE INTERNATIONAL Chamber of Commerce (ICC) wants the European Commission to call for changes to the US’s 1789 Alien Tort Statute, which allows non-US companies to be sued in US courts for alleged human rights, labour and environmental offences committed in third countries. The ICC is particularly worried about liability claims brought in US courts “against a […]

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