Litigation Writs 24/1/99

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Latest Briefings

Principal changes in the revised AIC Code of Corporate Governance are relevant for boards of directors of Guernsey and Jersey companies

By Oliver Quarmby, Alexandra O’Grady The AIC Code is a framework of best practice in respect of the governance of investment companies published by the Association of Investment Companies (AIC). Founded in 1932, the AIC represents a broad range of closed-ended investment companies, incorporating investment trusts, offshore investment companies, real estate investment trusts and venture […]

Right of first refusal clauses are now recognised by Bulgarian courts

By Diana Dimova, Nina Tsifudina The Bulgarian Supreme Court of Cassation (“Supreme Court”) has recently issued a decision (No.19, dated 8 August 2019, under commercial case No. 2511/2017) that recognises for the first time the concept of right of first refusal (“ROFR”) clauses. This decision opens the door for the enforcement of such clauses in Bulgaria. It […]

Serbia Signs the Singapore Convention

By Milan Lazic, Milica Savic On 7 August 2019, Serbia became one of the first 50 countries in the world to sign the United Nations Convention on International Settlement Agreements Resulting from Mediation – dubbed the Singapore convention. Much like the New York Convention on Convention on the Recognition and Enforcement of Foreign Arbitral Awards, the […]

The Basics: How to enforce a domestic judgment in England & Wales

By Tom Price, Daniel Wood, Christopher Richards Whilst receiving a judgment in your favour may feel like the culmination of a potentially lengthy legal process, it may be just the first step (though an important one) on the path to financial recovery. In our latest insight, we look at how and when you can enforce […]

Regulation of Artificial Intelligence and Big Data in the UK

By Matt Hervey, John P Cooper As the seat of the first Industrial Revolution, the UK has a long history of designing regulatory solutions to the challenges posed by technological change. However, regulation has often lagged behind – sometimes very far behind – new technology. Artificial Intelligence (AI) is proving no exception to this historical […]

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Corporate manslaughter laws to be reviewed

The hearing, earmarked for early February, is expected to decide what level of proof is required to successfully charge a negligent company with manslaughter. The court will look into the decision by Mr Justice Scott Baker who last year cleared Great Western Trains fir its part in the Southall rail smash which killed seven people. […]

It's been a good week for…

Puff Daddy, the US rap star, who has recruited Johnnie Cochran to his defence team. Cochran, who famously proved the innocence of OJ Simpson, will be hoping to work the same magic on behalf of Daddy, who faces 15 years in jail for illegal possession of a weapon. Daddy and his girlfriend, Jennifer Lopez, were […]

Flotations

CMS Cameron McKenna represented Antisoma on its listing on the London Stock Exchange (LSE). The EASDAQ-quoted company is also listed on techMARK, the LSE market for IT companies. Nomura International sponsored the official listing. Michael Draper, corporate partner at Camerons, advised on the listing with support from corporate assistant Ed West.

Financings

Norton Rose advised HSBC Investment Bank on a one for four rights issue by Minerva to raise £71m. The funds will allow Minerva to finance the proposed £101.4m purchase of The Criterion in London. The rights issue was fully underwritten by HSBC

Dibbs forced to put Scots tie-up on hold

Dibb Lupton Alsop’s planned merger with Scottish firm Bird Semple has been put on hold. The firms have been forced to delay the tie-up because Bird Semple’s senior private client equity partners are digging in their heels, claim sources. It is understood that Dibbs has asked Bird Semple to split up its private client department […]

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