Charity begins at home

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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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Jones Day bolsters Europe practices with five partners

Jones Day Reavis & Pogue has boosted its Paris, Madrid and Belgian offices with the recruitment of five new partners. The firm’s Madrid office takes on two-partner competition practice G&J Abogados, while the Paris office is gaining two corporate partners from Stibbe Simont Monahan Duhot. Stibbe partners Oliver Edwards and Jean-Marc Franceschi will join the […]

Digest

Addleshaw Booth & Co’s Leeds office is losing the head of its competition practice to Eversheds. Rod Lambert, who has been with Addleshaws for just over a year, is joining Eversheds as a partner to be the first competition lawyer in its Manchester office. Adam Collinson, head of competition at Eversheds’ Manchester and Leeds offices, […]

The Insider

Richard Hastings, group legal counsel at Interoute Telecommunications (UK) Richard Hastings left Hammond Suddards, where he was an IT/IP assistant, to take up his role as group legal counsel at European telecommunications company Interoute. Hastings made the move because he sought a more commercial role within his area of expertise. He says: “I love my […]

Digest

Mayer Brown & Platt head of central Asia and projects partner Nabil Khodadad is quitting for Chadbourne & Park. Khodadad is taking two senior associates with him, along with several local lawyers from Kyrgyzstan and Tashkent in Uzbekistan. The move will dramatically affect Mayer Brown’s CIS coverage – its Moscow office was shut down just […]

Clifford Chance scores £10bn for oil company

Clifford Chance has successfully steered its client towards a $14.75bn (£10bn) United Nations Compensation Commission (UNCC) award, the largest ever payment of its kind. The firm is acting for the Kuwait Petroleum Corporation (KPC), which was awarded the money for the loss of just over two years worth of oil production due to the 1990 […]

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