BLG scoops lead role in Menezes inquiry

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Latest Briefings

Impact of DSARs in the GDPR Era

Since the General Data Protection Regulation (GDPR) went into effect this past May, there has been a significant uptick in the number of data subject access requests (DSARs). Due to these regulatory changes, along with steep fines and shorter deadlines to complete requests, the compliance burden on organizations has to be taken seriously. To effectively […]

British Virgin Islands introduces the Micro Business Companies Act

By Alan Hughes As a leading oÂshore Ênancial center and in keeping with its constant drive toward the development and implementation of robust, modern and progressive corporate products, the British Virgin Islands (BVI) has recently introduced the Micro Business Companies Act (the “MBC Act”) – bespoke and innovative legislation designed speciÊcally toward developing and supporting the […]

Court’s guidance on identifying a firm’s centre of interests

By Duncan Lole, Gawain Moore, Geoff Cunningham In the recent case of Re Videology Ltd, the English High Court considered the factors relevant for determining a company’s centre of main interests (or COMI) and whether it had an establishment in a foreign jurisdiction for the purposes of the Cross-Border Insolvency Regulations 2006. Walker Morris insolvency experts, Duncan […]

Redress scheme outcome challenges – Have they ended?

By Paul Gair The recent case of R. (on the application of Holmcroft Properties Ltd) v KPMG LLP 2018 WL 04636705 has confirmed that Judicial Review is not the appropriate avenue for a bank customer unhappy with an accountancy firm acting as a ‘skilled person’ in approving an offer of compensation by his bank under a redress […]

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Simmons coordinates global bonus packages

Simmons & Simmons is rolling out a new bonus structure for all non-equity partners ;in ;a ;bid ;to ­harmonise remuneration across its global network.Salaried partners will now be given a reward of between 20 and 50 per cent of annual pay, depending on personal appraisals. Previously there were ­different bonus schemes in each of the […]

Web Week

The Lawyer’s Web Week is a weekly commentary on legal activity on the web. This includes an overview of the best of the week’s blogs. If you want to direct us to useful links, email webweek@thelawyer.com Book crookNot all is well in the depths of Skadden Arps Slate Meagher & Flom’s New York office. ­Apparently […]

SRA hikes minimum salaries

The Solicitors Regulation Authority (SRA) has raised minimum trainee solicitor salaries by 4.3 per cent across the board, in line with inflation. London-based firms must now pay trainee solicitors a minimum of £18,420 – up from £17,660 last year – and firms in the rest of England and Wales must pay trainees a minimum of […]

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Stateside shorting rules cause havoc for lawyers

Emergency guidelines aimed at tightening the rules surrounding the short selling of US stocks and clamping down on financial market rumour mongerers left lawyers and their clients scrambling to comply yesterday (Monday 21 July). The Securities & Exchange Commission’s rules are so far limited to 19 financial institutions, including the world’s largest investment and commercial […]

Cains targets East’s emerging markets with Singapore office launch

Offshore firm Cains has opened an office in Singapore with a three-strong team, creating a base from which to serve its Asian clients. Cains managing director Andrew Corlett said the firm felt a Singapore launch was vital given the strength of the region and the country’s position within it. “We ;think ;that ;the emerging markets […]

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