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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CC finally didgeridoo it

If at first you don’t succeed… So, three years after it last set out on the long path to an Australian merger, Clifford Chance has finally got its Men at Work in the Land Down Under (see story). The firm can’t be accused of exactly blazing a trail in the outback, given that A&O (see […]

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Halliwells’ administrators seek funds to cover £200m of debts

Failed firm Halliwells owes creditors a total of around £200m, a letter from its joint administrators has revealed. BDO partners Dermot Power and Shay Bannon, who were appointed joint administrators of the firm last year, have contacted all known creditors stating that they have received unsecured claims totaling £191,521,921. The sum is much greater than […]

Antony Townsend
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SRA to cut 80 jobs in preparation for ABSs

The Solicitors Regulation Authority (SRA) is slashing its staff headcount ahead of the introduction of alternative business structures (ABSs), cutting numbers from 640 to 560. The body will begin regulating and licensing ABSs from 6 October this year. According to chief executive Antony Townsend the restructure will see the authority focus on three key regulatory […]

Lincoln's Inn
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Crunch time for Dawsons as Fladgate tie-up founders

Lincoln’s Inn firm ­Dawsons is scouring the market for merger partners following the collapse of talks with Fladgate. Since the talks broke down, the firm, whose lease is almost up on its current building, has introduced voluntary four-day working and wage reductions. The firm is under pressure to find new premises, and hoped a merger would allow it to do […]

CEDR Solve installs first practice manager

Dispute resolution body CEDR Solve has appointed John Munton as its first practice manager. Munton joins from Keating Chambers, where he was practice manager between 2005 and 2010. He will have responsibility for CEDR Solve’s direct mediator group. Commenting on the appointment CEDR Solve director Gregory Hunt said: “John Munton’s successful record of ­managing strategy, […]

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