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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Drunk gall or trunk calls?

Tulkinghorn hears that banking partner James Johnson stole the show at Clifford Chance‘s recent partnership retreat in Barcelona. During a panel session featuring star general counsel such as Sabine Chalmers from InBev and Rich Rosenthal from Morgan Stanley, Johnson rolled up a tad late and in fetching shorts. At question time it was left to […]

Smith J v Addleshaws: the £750K job that never was

Mr Justice Peter Smith and Addleshaw Goddard were in negotiations that would have seen the judge join the firm in a £750,000-a-year package for him and a court assistant, which would have equated to the top of the Addleshaws’ equity. However, five months of talks broke down at the end of May after the judge […]

Travers Smith stars on private equity deals

Two Travers Smith partners have had a particularly busy week on private equity deals and IPOs. Corporate partner Paul Dolman closed three deals in as many days, two of them for entities owned or controlled by private equity house Promethean, for which he is relationship partner. The first was Data Locator Group’s (majority owned by […]

Understanding their motivation helps retain staff

Attracting good people is, of course, a major priority for law firms, but the real challenge is keeping them. The first step is to understand what motivates people, and financial incentives seem to be moving down the pecking order and are being replaced with a very clear idea among employees about the types of environment […]

300-lawyer A&O team completes Tyco split

Allen & Overy (A&O), McDermott Will & Emery and Gibson Dunn & Crutcher have completed the three-way $65bn (£32.4bn) split of Tyco International, the biggest spin-off in the world so far this year. A&O scored the role as Tyco’s international counsel on the spin-off, with McDermott acting as lead US counsel and Gibson Dunn nabbing […]

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