Corporate

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Latest Briefings

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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Torys hires operating officer

Canada-based Torys is taking on a chief operating officer to free up its managing partner to concentrate on client consultation. Alan Pearson is joining from the Deloitte & Touche partnership in Toronto in a role aimed at broadening the management structure to increase coordination between the New York and Toronto offices. A year ago the […]

New media partners for Akin Gump

Steve Fayne and John Burke boast an impressive client list including the Bank of America and Chase Manhattan Bank. In recent years the pair have branched out and now advise producers, distributors and studios on financing. The move comes just days after Akin Gump announced the labour lawyer, Howard Fabrick – poached from Proskauer Rose […]

Clifford Chance agrees Luxembourg merger

Partners at both firms voted overwhelmingly for the union which has won approval from the Luxembourg Bar Association and will take place from 1 January 2000. The marriage to Faltz & Kremer, the country’s sixth largest firm with 20 lawyers, gives Clifford Chance a foothold in Luxembourg’s lucrative banking market. The new firm will be […]

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Jonathan Sumption QC

He might be known as the “Brains of Britain”, but heavyweight commercial silk Jonathan Sumption QC was lucky to get to the bar at all. Both of the chambers that had provided him with pupillage – 20 Essex Street (at the time 3 Essex Street) and Gordon Pollock QC’s magic circle set Essex Court (at […]

Coats viyella

Manchester firm Chaffe Street picked up work on the management buy-out (MBO) of Coats Viyella’s contract clothing division through a referral from Eversheds, which acted for the company itself. The transaction was subject to a number of twists and turns. It was initially determined that the deal would be a straight acquisition due to the […]

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