Hextalls aids British Waterways in rates relief fight with ODPM

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A borrower can now challenge symbolic possession under the Sarfaesi Act

The Hon’ble Supreme Court (SC), in its recent decision in the matter of M/s Hindon Forge Pvt. Ltd. & Anr. v State of Uttar Pradesh [(Civil Appeal No 10873 of 2018 along with Civil Appeal No 10874 of 2018)] (Appeals) held that a borrower can prefer an application under Section 17 (1) of the Securitization […]

New law on validity of wills in Cayman

By Anthony Partridge, Fraser Allister The Cayman Islands’ Formal Validity of Wills (Persons Dying Abroad) Law, 2018 came into effect on 1 February 2019. The law is important to people who own shares in Cayman Islands companies or have interests in Cayman Islands investment funds for example, and offers far greater flexibility for international clients who wish […]

Brexit worries drain confidence in EU reference procedure

In a legal first, Brexit prevents High Court from clarifying if it has jurisdiction in a human rights claim against the EU. The Kosovo victims of serious human rights abuses from two decades ago bring damages claims against the EU. On 13 February 2019 the High Court in the case of Tomanovic v EU [2019] […]

Litigation funding 2019 – United Arab Emirates

By James Foster, Courtney Rothery We have authored the inaugural UAE chapter in the annual Guide to Litigation Funding published by Law Business Research (part of the “Getting the Deal Through” series). This is the third edition of the global survey of the law and practice of litigation funding. With the third-party funding of litigation and arbitration […]

The Bluberi CCAA proceedings: litigation funding in insolvency

By Patrice Benoit, Geneviève Cloutier On February 4, 2019, the Court of Appeal of Quebec released its decision in the matter of Callidus Capital Corporation and al. v. 9354-9186 Québec Inc. (formerly Bluberi Gaming Technologies Inc.).  With the increase in third party litigation funding, we are now seeing it being used in the insolvency context and the Court of […]

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Six firms land places on roster following Network Rail review

Network Rail has completed a review of its external counsel, appointing six firms. Negotiations are still taking place between Network Rail and its advisers, but Addleshaw Goddard, Bircham Dyson Bell, Lovells and Thomas Eggar are understood to have secured panel spots. Simmons & Simmons, a long-time adviser to Network Rail, is in danger of losing […]

BLP recruits Invesco GC to shape international strategy

Berwin Leighton Paisner (BLP) has moved to ramp up its international network, creating the new position of director of international strategy within the firm. John Taylor, deputy general counsel of listed fund giant Amvescap and general counsel for subsidiary Invesco’s activities outside North America, has been appointed to the role of director of international strategy. […]

Channel hopping

Offshore firms in Jersey and Guernsey have been island hopping over the past few months with two firms announcing new office openings. As first reported on www.thelawyer.com (29 March), Ozannes will make history by becoming the first Guernsey outfit to launch an office in Jersey. The new office will be headed by recently hired partner […]

Herbert Smith lands Ofcom advisory role

Herbert Smith has won the role as sole legal adviser to a new Ofcom-led industry body, an appointment that will give it direct access to eight of the UK’s leading telecoms companies. Called NGNuk, the group was launched by Ofcom in March this year. It is an industry forum aimed at encouraging the use of digital technology, or next-generation […]

Rock steady

A restructuring of its funds legislation, its proximity to Europe and good quality infrastructure are making Gibraltar an enticing proposition for fund promoters, says James Lasry The global expansion in funds has put considerable pressure on established fund centres such as Dublin, Luxembourg and the Caribbean. This has given rise to delays in fund establishment […]

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