Kirkland London bags four new partners

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Update on Bermuda private trust companies

Many offshore jurisdictions saw notable reforms in 2018. This article considers how recent changes to the regulation of financial services in Bermuda have affected private trust companies. These legislative amendments were made primarily to ensure that Bermuda’s legal framework remains up to date with international standards, which are aimed at maintaining the international financial system’s […]

The basics: How to wind up a corporate debtor

A company has outstanding debts and it seems they are struggling financially. What can you do to try and get your debts settled? Is applying to have the company wound up the answer? Here, we take a look at what you will need to consider before a decision is made and we take a look […]

Blowing hot and cold on the jurisdiction of an adjudicator

In the recent case of SKYMIST HOLDINGS LIMITED v GRANDLANE DEVELOPMENTS LIMITED [2018], the Technology and Construction Court (TCC), considered the principle of “approbation and reprobation” in “satellite litigation” over the jurisdiction of adjudicators. But is challenging the jurisdiction of an adjudicator worth the cost involved? We review the key points in the Skymist decision, and the TCC‘s […]

Is legislation pending on bankruptcy, pension plans and lenders?

Public consultations on enhancing retirement security led by the Ministry of Innovation, Science and Economic Development Canada closed in late 2018. Given the importance and complexity of the subject matter, the one-month consultation period offered by the government was curiously short. Given that 2019 is an election year, the quick completion of the process could […]

Apples to Oranges: how investigations differ from a litigation approach when implementing eDiscovery solutions

Competition matters, and investigations more generally, differ greatly in execution from the approach to eDiscovery taken in litigation.  Understanding the potential issues is paramount in developing an eDiscovery model that tackles the regulatory pressures faced by legal teams and their corporate clients. In the first article in this series we compare the different approaches and examine […]

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Ex-CC boss Cornell resurfaces at private equity giant Terra Firma

Former Clifford Chance managing partner Peter Cornell is to take up a new role at private equity house Terra Firma this month. Cornell, who left the magic circle firm in May this year, will be managing director of stakeholder relations at the private equity firm. It is understood to be a specially created diplomatic post […]

Freshfields loses second office this year

Freshfields Bruckhaus Deringer ’s five-partner Budapest office has claimed its independence from the magic circle firm. The Budapest office, which Freshfields opened in 1989, will launch as an independent firm known as Oppenheim on 1 November, Freshfields announced internally last night (1 October). It will be a preferred firm but not part of the Freshfields […]

Web week

The Lawyer‘s Web Week is a weekly commentary on legal activity on the web. This includes an overview of the best of the week’s blogs. If you want to direct us to useful links, email webweek@ thelawyer. com. #Ad nauseamYou know there’s nothing happening at your law firm when it sends out press releases announcing […]

Inside’s out

The Supreme Court’s overturning of the High Court’s not-guilty verdict on Ireland’s most famous insider dealing case is a crucial victory for businesses, say Conor McDonnell and Keith Smith “It used not to be considered any sort of sin to profit financially from the use of secret, private or privileged information. That was how fortunes […]

Herbies scoops JC Flowers bid for Northern Rock

JC Flowers has confounded expectations by turning to Herbert Smith for advice on its approach to beleaguered mortgage lender Northern Rock. Corporate partner Anthony Macaulay is reportedly leading the Herbert Smith team for the US private equity house, which is yet to make a concrete offer for Freshfields Bruckhaus Deringer client Northern Rock, although it […]

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