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Latest Briefings

Principal changes in the revised AIC Code of Corporate Governance are relevant for boards of directors of Guernsey and Jersey companies

By Oliver Quarmby, Alexandra O’Grady The AIC Code is a framework of best practice in respect of the governance of investment companies published by the Association of Investment Companies (AIC). Founded in 1932, the AIC represents a broad range of closed-ended investment companies, incorporating investment trusts, offshore investment companies, real estate investment trusts and venture […]

Right of first refusal clauses are now recognised by Bulgarian courts

By Diana Dimova, Nina Tsifudina The Bulgarian Supreme Court of Cassation (“Supreme Court”) has recently issued a decision (No.19, dated 8 August 2019, under commercial case No. 2511/2017) that recognises for the first time the concept of right of first refusal (“ROFR”) clauses. This decision opens the door for the enforcement of such clauses in Bulgaria. It […]

Serbia Signs the Singapore Convention

By Milan Lazic, Milica Savic On 7 August 2019, Serbia became one of the first 50 countries in the world to sign the United Nations Convention on International Settlement Agreements Resulting from Mediation – dubbed the Singapore convention. Much like the New York Convention on Convention on the Recognition and Enforcement of Foreign Arbitral Awards, the […]

The Basics: How to enforce a domestic judgment in England & Wales

By Tom Price, Daniel Wood, Christopher Richards Whilst receiving a judgment in your favour may feel like the culmination of a potentially lengthy legal process, it may be just the first step (though an important one) on the path to financial recovery. In our latest insight, we look at how and when you can enforce […]

Regulation of Artificial Intelligence and Big Data in the UK

By Matt Hervey, John P Cooper As the seat of the first Industrial Revolution, the UK has a long history of designing regulatory solutions to the challenges posed by technological change. However, regulation has often lagged behind – sometimes very far behind – new technology. Artificial Intelligence (AI) is proving no exception to this historical […]

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Sema Group to slash 15-strong legal panel

Anglo-French IT & business services giant Sema Group is cutting back its UK external law firms from 15 to just one or two. FTSE 100 company Sema, which recorded a 25 per cent growth in turnover to £669m for the first six months of this year, is to put its external legal work out to […]

Seeking higher family values

Clerks in family law chambers deserve a pat on the back: the consensus from family solicitors is that there has been a radical improvement in service from the London family bar in recent times. Jeremy Levison, of niche family firm Levison Meltzer Pigott, says the family bar has become much more user-friendly. “The clerks are […]

Minding the language

The battle for Allied Domecq (see War Story pages 22-23) turned on an unfortunate comment by Whitbread’s chief executive, the fallout from which was that Whitbread lost the battle. In some sectors Whitbread’s adviser Clifford Chance became the scapegoat. Such criticisms are obviously unfair but they highlight a problem for firms. A law firm’s role […]

TSG claims fees used to save OSS

The Trainee Solicitors’ Group (TSG) is accusing the Law Society of reneging on a promise not to profit from students and instead using their surpluses to help bail out the Office for the Supervision of Solicitors (OSS). The TSG claims the Society receives nearly £1.5m a year from students on the Legal Practice Course. Each […]

Hammond Suddards handles second deal for internet client

Hammond Suddards has completed a second acquisition for an internet sports client it took from SJ Berwin. The firm advised on AIM- listed Sports Internet Group’s purchase of offshore, tax-free bookmaker Surrey Group for £19.7m. In May, Hammonds acted for PlanetFootball.com in Sports Internet’s £26m purchase of the website provider (The Lawyer, 24 May). Sports […]

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