Latest Briefings

Dishonesty: A change of approach

On 29th April 2020, following the decision in the case of R v Barton and Booth [2020] EWCA Crim 575, the Court of Appeal identified that the two-limb test for dishonesty as identified in the case Ghosh, is no longer the approach to be taken.

Cybersecurity requirements for licensees

Entities regulated under the Insurance Law will need to implement cybersecurity measures in proportion to their cyber risk profile by 27 November 2020 following the release of the Rule and Statement of Guidance on Cybersecurity for Regulated Entities by the Cayman Islands Monetary Authority on 27 May 2020.

Wirecard – has the German financial regulator lost its immunity?

The German regulator BaFin is being sued for abuse of authority following one of the biggest fraud scandals of the decade with German payment processor, Wirecard AG, filing for insolvency owing €3.5bn and its chief executive arrested on suspicion of accounting fraud and market manipulation. This article explores the situation and considers the need for change.

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Jonathan Watmough

RPC’s all-equity model key to attracting latest lateral

Reynolds Porter ­Chamberlain (RPC) has made its 20th lateral in three years with the hire of Berwin Leighton Paisner (BLP) real estate partner David Johnston. His arrival will bring the number of partners in RPC’s real estate group to seven, which numbers four laterals. RPC managing partner Jonathan Watmough said: “The real estate group’s been substantially […]

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Clydes brings in Howden GC for professional indemnity offering

Clyde & Co has raided Lloyds of London broker Howden for its general counsel Simon Gildener. Gildener joined Howden, where he was a board member, from insurance litigation boutique Robin Simon in September 2008. While there he advised the broker and its clients on complex coverage issues. He said his move to Clydes was prompted […]

David Stewart
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Olswang promotes five to London partnership

Olswang has made up five of its London associates to partner in its annual round of promotions. The latest round of promotions, which become effective from 1 May, far outstrips the previous two years, which both saw two associates promoted. That said, the figure is still a long way off the number made up in […]

Macfarlanes and SJ Berwin on either side of Wagamama sale

Macfarlanes and SJ Berwin have claimed the leading mandates for rival private equity houses on the £215m sale of noodle bar Wagamama. The Japanese-style food chain has been sold by Lion Capital, advised by SJ Berwin, to Duke Street ­Capital for more than ­double what the private equity seller paid for the company in 2005. […]

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A&O signs up to Nick Clegg’s ‘business compact’

Allen & Overy (A&O) has become the first law firm to sign up to the Government’s ’business compact’ on social mobility. The compact, which aims to ensure internships are offered to a broader section of candidates, was today revealed by deputy prime minister Nick Clegg as part of his social mobility strategy. Accountancy firms KPMG […]

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