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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Channel 4 is on shaky legal ground in Big Brother racism row

One doesn’t have to be a fan of Celebrity Big Brother to be familiar with the issues that have dominated the media concerning alleged racism in the house and the extent to which Endemol and Channel 4 have created hostility between the contestants to boost flagging viewing figures. The allegedly racist remarks made by Jade […]

Mourant ships in two for City boost

Offshore firm Mourant du Feu & Jeune has boosted its London presence, transferring two of its leading partners across from its Jersey headquarters. Capital markets specialist Brian Scholfield moves across to become managing partner of the London office, taking over from Daniel Birtwistle. Scholfield will be joined by partner Gareth Rigby, a specialist in corporate […]

New Bupa legal chief plans panel review

Bupa has bolstered its in-house legal capability with the hire of a Leeds-based Addleshaw Goddard corporate finance partner. Matthew Flinton quit Addleshaws in November 2006 to take the role of head of legal for Bupa Care Services, a subsidiary of the UK health services provider. Flinton heads a team of three lawyers and reports to […]

Cads scores vital Eurotunnel court victory

Cadwalader Wickersham & Taft has scored a High Court victory for the bond insurer in the ongoing Eurotunnel restructuring dispute. London litigation partner Michelle Duncan led the Cadwalader team representing the insurer MBIA Assurance, along with financial restructuring partners Tony Horspool and Andrew Wilkinson. Duncan told The Lawyer: “We have been acting for MBIA on […]

Paul Weiss defends itself against $80m claim by ex-Citigroup exec

Paul Weiss Rifkind Wharton & Garrison is being sued to the tune of $80m (£40.25m) by a former Citigroup executive, who claims the firm breached conflict of interest rules. Paul Weiss advised Citigroup on its 2004 severance package deal with the former co-head of the bank’s private wealth management group David Trautenberg. The deal saw […]

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