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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Shearmans and A & O act in France Telcom claim

Shearman & Sterling’s Paris office and Allen & Overy’s Italian office are advising France Telecom in its two-pronged attack on Deutsche Telekom, which has recently broken its partnership to merge with Telecom Italia. Shearmans is advising the French telecommunications giant on its million-euro claim for damages against Deutsche Telekom after Deutsche stepped in with an […]

National Grid Group

National Grid Group is already, without doubt, a formidable company. From its privatisation in 1990, the group went on to float on the stock exchange in 1995, placing it at the forefront of the UK’s energy sector. However, its decision last December to enter a billion-pound merger with US energy distributor New England Electric System […]

Linklaters takes lead in South Africa

Linklaters is claiming to be the leading international law firm in South Africa after sealing its fourth big demutualisation deal there this year. Linklaters has completed work advising underwriters on the u4.1bn demutualisation and listing of South Africa’s largest life assurer Old Mutual. It will list on the London Stock Exchange on 12 July. Linklaters […]

In brief: The Legal Aid Board

The Legal Aid Board expects that up to 200 immigration firms will fail to meet franchising standards before contracts begin in January 2000. A report by the LAB last week found serious abuse among immigration firms and predicted that of the 950-odd currently practising, only 750 will survive franchising. To fill the shortfall, the LAB […]

Shearmans and Brown & Wood poach from Clifford Chance…

Clifford Chance is the latest City firm to lose fee earners to US firms. Brown & Wood has snapped up capital markets specialist Michael Doran as a partner in its London office, while Shearman & Sterling has lured arbitration and litigation lawyers Christopher Colbridge and Rajinder Bassi. Shearman & Sterling is extending its international arbitration […]

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