Because they’re worth it? Why firms use buy-backs

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Latest Briefings

Consumer loan agreements denominated in Swiss francs

By Mateja Ule In the past years, Slovenian courts have been faced with several actions filed by consumers requesting the court to declare loan agreements denominated in Swiss francs null and void. While the courts of first and second instance seemed to struggle to find a common approach in assessing the validity of Swiss francs loan […]

Are robots writing your will?

By Aidan Grant Law firm VWV conducted a poll which found that the majority of people asked are wary about the use of artificial intelligence in the preparation of wills, with almost a third of respondents saying that they would not want any artificial involvement at all. It must be said that, as with many stories, […]

Adjudication decisions: Avoiding enforcement where the money may disappear

By Michael Bennett The losing party in an adjudication always asks one question – do we really have to pay?  In most cases the answer will be yes, but the list of reasons for saying no just got slightly longer. The recent Court of Appeal case of Gosvenor London Limited v Aygun Aluminium UK Limited [2018] EWCA […]

Data Protection Officer: Bar Association makes announcement on overlapping roles

The General Council of the Portuguese Bar Association («PBA») has finally announced its position on the situation of lawyers who act as Data Protection Officers («DPOs»). This announcement clarifies the PBA’s understanding on holding the position of DPO while practising as a lawyer. The PBA’s position appears in Opinion no. 14/PP/2018-G, published on 28 September […]

Cayman Islands economic substance requirements

By Nick Rogers, David McIntyre From 1 January 2019, new legislation will come into effect in the Cayman Islands, requiring in-scope entities that carry on particular activities to have demonstrable economic substance in Cayman. The International Tax Co-operation (Economic Substance) Law, 2018 was passed on 17 December 2018, after an extensive process of consultation with the EU […]

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Silverman Sherliker moves closer to NoW class action

City law firm Silverman Sherliker has doubled the number of ex-News of the World (NoW) employees it is advising and says they have ‘a very strong case’ for launching a stigma damage action against News International (NI). Managing partner Chris Sherliker launched an online action group for sacked NoW staff on 8 July with a […]

Government legal roster put on hold as services review delayed

The Government Procurement Service, formerly known as OGC Buying Solutions, has delayed a review of its legal services framework agreement by 11 months, with the new roster now due to come into place in May next year. A position on the framework, previously called Catalist, is regarded as a seal of approval for firms offering public sector and charitywork, although many […]

No room at the Inn: Gray’s Inn luvvie buffet was no place for a humble hack

Burger this

“Why tarrieth thou in ­McDonald’s?” was what one of ­Tulkinghorn’s spies asked himself as he cooled his heels in the Chancery Lane branch of the well-known burgermongers recently. The hack had sought shelter in the fast-food outlet as a “lack of seating” at a buffet dinner had forced him out of Gray’s Inn ­during the […]

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Former Cobbetts clerk jailed for stealing £20,000 from firm

An accounts clerk working at Cobbetts’ Manchester office has been jailed for 15 months after admitting stealing £20,000 from client accounts. James Hollingworth began diverting cash from dormant client accounts and then falsified documents after developing a serious gambling addiction. The financial irregularities, which went undetected for several months, were exposed by an audit carried […]

Monckton v Monckton: new silk defeats colleague in OFT’s Ryanair case

The Office of Fair Trading (OFT) has been given permission to investigate Ryanair’s minority stake in AerLingus, thanks to a Competition Appeal Tribunal (CAT) ruling. Ryanair instructed Covington & Burling partner Georg Berrisch to challenge the OFT’s decision to investigate the airline. Berrisch instructed Monckton Chambers’ John Swift QC to lead the case. Swift, who […]

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