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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Research council picks Manches as sole adviser

Manches’ Oxford office has been appointed sole adviser to the Council for the Central Laboratory for the Research Councils (CCLRC). The firm won the appointment following a competitive tender. It now has four of the UK’s seven research councils as clients.

A&O and Linklaters land RWE-Innogy instructions

Allen & Overy (A&O) and Linklaters have secured the main roles on the biggest M&A deal of the year. A&O is acting as lead adviser to German utilities conglomerate RWE on its e8.5bn (£5.22bn) bid for Innogy, while Linklaters is advising the target.RWE last week put in a bid of e5bn (£3bn) for the Innogy […]

Irvine's motives in question as record number takes silk

113 barristers – 26.3 per cent of applicants – take silk; commercial bar fears too many silks, too little work; LCD defends number The Lord Chancellor, Lord Irvine, is facing allegations of seeking to reform the silks system by the back door after flooding the market with a record number of new Queen’s Counsel.No fewer […]

Legal Widow

The Lawyer has brought his old college mate Peter back home after a university reunion which saw them measuring how much hair they’d lost and who’d put on the most weight.“Good old Bella, everyone hated her,” remarked the Lawyer as they conducted a post mortem over the dinner table. “One of those people who looked […]

CC's Italian furore takes a twist as Chessa opts to remain with firm

Clifford Chance’s wranglings with its Italian partners took another turn last week when it emerged that senior banking partner Luigi Chessa has been persuaded to stay with the magic circle firm.Chessa is understood to be a likely frontrunner for the new managing partner role, which Clifford Chance wants to introduce in Italy.However, Italian senior partner […]

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