Trio breaks away from A&O’s Indian alliance firm

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Impact of DSARs in the GDPR Era

Since the General Data Protection Regulation (GDPR) went into effect this past May, there has been a significant uptick in the number of data subject access requests (DSARs). Due to these regulatory changes, along with steep fines and shorter deadlines to complete requests, the compliance burden on organizations has to be taken seriously. To effectively […]

British Virgin Islands introduces the Micro Business Companies Act

By Alan Hughes As a leading oÂshore Ênancial center and in keeping with its constant drive toward the development and implementation of robust, modern and progressive corporate products, the British Virgin Islands (BVI) has recently introduced the Micro Business Companies Act (the “MBC Act”) – bespoke and innovative legislation designed speciÊcally toward developing and supporting the […]

Court’s guidance on identifying a firm’s centre of interests

By Duncan Lole, Gawain Moore, Geoff Cunningham In the recent case of Re Videology Ltd, the English High Court considered the factors relevant for determining a company’s centre of main interests (or COMI) and whether it had an establishment in a foreign jurisdiction for the purposes of the Cross-Border Insolvency Regulations 2006. Walker Morris insolvency experts, Duncan […]

Redress scheme outcome challenges – Have they ended?

By Paul Gair The recent case of R. (on the application of Holmcroft Properties Ltd) v KPMG LLP 2018 WL 04636705 has confirmed that Judicial Review is not the appropriate avenue for a bank customer unhappy with an accountancy firm acting as a ‘skilled person’ in approving an offer of compensation by his bank under a redress […]

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Challinors adds bodies to aid expansion

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Federal reserve leaves Wachovia deal in stasis

It was literally a last-minute intervention. At 11.59am on Wednesday 8 October, the Federal Reserve extended its standstill on Citigroup’s lawsuit over Wells Fargo’s bid for US bank Wachovia. Wachovia’s lawyers at Boies Schiller & Flexner, Citigroup’s litigators at Gregory P Joseph Law Offices and Wells Fargo’s lawyers at Wachtell Lipton Rosen & Katz were […]

A&O revisits HSBC tower sale with debt refinancing brief

Allen & Overy (A&O) has scored the lead role on a deal to refinance the debt from the sale of the UK’s most expensive building, the HSBC Skyscraper at Canary Wharf. The ;mandate ;came through after Freshfields Bruckhaus Deringer was conflicted out of the deal. HSBC called on Freshfields in May last year when it […]

Four Bircham Dyson Bell lawyers face axe

Bircham Dyson Bell lawyers face axe” />Bircham Dyson Bell has made three lawyers redundant, while another is in redundancy talks. Two real estate lawyers and one corporate lawyer have lost their jobs, while a third real estate lawyer is currently in a redundancy consultation. A firm spokesperson said: “We are exposed to the downturn in […]

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Shearman sends NYC partner to head Europe

Shearman & Sterling has named New York M&A partner Creighton Condon as its European managing partner. Condon is one of Shearman’s most senior lawyers. Shearman hopes his move will boost the firm’s corporate practice across Europe. Shearman UK managing partner Anthony Ward said: “The European managing partner role is more one of facilitating greater integration […]

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