Incoming Dewey chiefs agree profit caps as firm renegotiates guarantees

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Latest Briefings

Overseas companies and UK property – all change in 2021

By Maria Connolly At the end of July, the Draft Registration of Overseas Entities Bill was published. The intention is that, from 2021, overseas entities wanting  to deal in certain UK property will have to register in the overseas entities register (OER). Why will overseas entities have to register?

Hackitt review: Response suggests further extension of the regime

By Adrian Mansbridge As outlined in our previous articles covering what lies ahead for high rise regulation and the proposed ban on flammable cladding the legislative programme to implement the recommendations of the Hackitt review and to address broader concerns is already underway. However, as anticipated, political concerns have already led to these proposals being “beefed up”…

Use of behavioural biometrics brings privacy issues under GDPR

By Alex Towers With cybertheft and data breaches becoming an increasingly common occurrence, the need to rapidly and accurately identify fraud has driven the development of behavioural biometrics as a means to target automated attacks and suspicious transactions. However, for the technology to function, companies must amass libraries of biometric personal data to construct profiles…

Supreme Court rules a ‘right to litigate’ cannot be assigned to a third party

By Rebecca MacCann What happens if you assign your right to litigate to a person or company that is unconnected to the event that creates the right to litigate? In the recent Supreme Court case of SPV Osus Ltd v­ HSBC Institutional Trust Services (Ireland) Limited & Ors [2018] IESC 44, the Supreme Court held […]

Portugal: Fund management 2018

By Pedro Simões Coelho, Ricardo Seabra Moura and Carlos Filipe Couto How is fund management regulated in your jurisdiction? Which authorities have primary responsibility for regulating funds, fund managers and those marketing funds?

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4

Scottish Law Society up in arms as Nationwide slashes conveyancing panel

Nationwide Building Society plans to slash by 200 the number of solicitors on its Scottish conveyancing panel have been slammed by the Law Society of Scotland. The representative body has demanded talks with the building society after it announced it would be reducing the panel from 700 to 500 following a UK-wide review. Concerns have […]

Rohan Weerasinghe

Shearman chair Weerasinghe leaves firm for GC role at Citigroup

Shearman & Sterling senior partner Rohan Weerasinghe has quit to join Citigroup as general counsel. The New York-based corporate partner formally announced his resignation to the firm today but will stay on until June. The firm hopes to have appointed a replacement before the global partners’ meeting in the US in early May, with names […]

London’s Barnet and Harrow councils to save £4.4m via legal services merger

The London Boroughs of Barnet and Harrow have agreed to merge their legal services in a move that is expected to save them an estimated £4.4m over the next five years. Barnet’s legal team will be based in Harrow from July following approval from the authorities’ respective cabinets last night as part of a wider […]

Camerons promotes eight as part of 34-strong CMS promos round

CMS Cameron McKenna has announced its partner promotions with eight UK lawyers being made up in global round of 34 appointments across the CMS network. The UK firm is promoting real estate lawyers Danielle Drummond Brassington and Ashley Damiral, capital markets lawyer Michael Cavers, energy expert Olivia Quaid, pensions specialist Dominic Harris and disputes lawyer […]

21

Dundas & Wilson concludes redundancy talks with up to 30 jobs axed

Almost 30 jobs are being cut at Scotland-headquartered firm Dundas & Wilson following a consultation process. In February the firm confirmed that due to the “nature and level of demand for its services” it would be considering redundancies (24 February 2012). While the firms mooted cutting staff and partner positions, chairman David Hardie confirmed the […]

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