ILA grants up for grabs

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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

Look to the future

The speech given by outgoing Law Society secretary general John Hayes on the future of the legal profession neatly encapsulated the problems facing the profession. Addressing the European Policy Forum last Thursday, Hayes discussed the lack of confidence in the profession’s future direction, the search for scapegoats when things go wrong and, most importantly, lawyers’ […]

Sandy hopes for reprieve in New York

Simmons & Simmons lawyer David Sandy is hoping a New York judge will strike out charges he faces in relation to Bank of Credit and Commerce International which collapsed in 1991. Sandy is accused by the New York District Attorney of three charges relating to alleged suppression of the diary of former BCCI chief executive […]

In brief: Indemnity fund appoints woman head

The board of Solicitors Indemnity Fund has appointed Elizabeth Mullins as new chief executive with effect from 1 September. Mullins joined the SIF in 1992 as head of claims handling. She has been involved with the compulsory scheme of indemnity for solicitors for the past 11 years. She commented: “I am absolutely delighted. I see […]

Chancery Lane acts to woo back members

The Council of the Law Society has passed a comprehensive series of measures in a bid to ensure the society is more responsive to members. The measures, which come at a time of acknowledged grassroots unrest, are part of a bid to make the society more accountable. In the words of council member David Thomas, […]

Norton Rose elects senior partner for next century

Norton Rose corporate finance partner David Lewis has been elected as the senior partner to lead the firm into the new millennium. Lewis, currently involved in advising SBC Warburg, the merchant bank representing US utility Southern Company, will take on his new role on the retirement of senior partner, Tony Kay, on 30 April 1997. […]

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