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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

LSB approves reduction in cost of practising certificate

The Legal Services Board has approved the SRA’ decision to set the annual practising certificate fee at the reduced cost of £428. The move is part of a concerted effort to overhaul how the regulation of the profession is funded. Under the new system the costs of the practising certificate will be met by the […]

Taylor Wessing hikes insurance practice

Taylor Wessing has hired litigation partner Susannah Wakefield from Bermuda firm Attride-Stirling & Woloniecki, where she was a counsel. Wakefield will join the City firm’s insurance and reinsurance group, working initially from Bermuda before relocating to London. She has 12 years’ experience as an insurance litigator working in London, New York and Bermuda, having previously […]

1

Charles Russell terminates clin neg

Charles Russell has pulled out of clinical ­negligence work after a series of raids left it bereft of any partners in the ­practice. The firm will also scale down its personal injury (PI) practice, maintaining just one specialist PI lawyer to service its private client base. A firm spokesman ­confirmed: “We’re not going to do clinical negligence anymore.” Penningtons hit the firm for […]

Ian Austin
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Halliwells’ ex-managing partner: ‘I gave my life to that practice’

Exclusive: Ian Austin on Halliwells’ culture, job losses and his own exit Halliwells’ former chief Ian Austin has hit out at critics of his management of the Manchester-based firm, which went into administration last month, arguing that “we all bear responsibility” for the firm’s failure. Speaking exclusively to The Lawyer, the 48-year-old former managing partner […]

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Cloud cuckoo brand

We didn’t expect to write quite this much about one firm, but this week former managing partner Ian Austin has gone on the record about Halliwells’ fate.  There are a lot of geeky questions for accounting specialists to wrestle with, not least the discrepancy in the financial results that were given to the outside […]

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