Latest Briefings

Exiting the Covid-19 haze: assessing business operations in a crisis

In this article, we discuss some of the key areas of focus that business owners and managers should prioritise when undertaking an early assessment of business operations to ensure that productive functions are reflective of a new operating environment. This is especially important where Coronavirus (COVID-19) has led to a significant change in the business model.

European Commission publishes evaluation report on GDPR

The Commission’s report argues that, generally, GDPR has successfully met most of its objectives, in particular by offering citizens a strong set of enforceable rights and by creating a new European system of governance and enforcement. It also, however, identified a number of areas of improvement.

US CLO warehouses – Covid-19 health check

As the market continues to deal with the unprecedented impact of the pandemic on the global economy, we consider the resilience of US CLOs, which were still in the warehouse stage when COVID-19 hit. Since that date, CLO managers have been extremely focused on and, based on our analysis, largely successful in flattening the effects of the loan price decline curve.

Costs and the expert in private children cases

Dewinder Birk of No5’s Family Group has set out two cases dealing with two different aspects of experts’ costs in private children cases, but both of which highlight the robustness of the higher courts in exercising discretion in relation to costs when dealing with such matters.

Enforcement of PRC judgments in BVI establishes important precedent

The British Virgin Islands (BVI) Court has for the first time recognised and enforced judgments delivered by the Court of the People’s Republic of China (PRC). It is a significant development in light of the established practice of Chinese individuals and entities using BVI corporate entities as asset holding vehicles. The decision sets a significant precedent as many practitioners and judgment creditors alike in the PRC have historically considered BVI corporate entities (and their assets) as being beyond the reach of the PRC courts and often left ‘forgotten’, notwithstanding the well-established rules for recognition and enforcement of foreign awards and judgments in the BVI.

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Dentons to merge with Sonnenschein

The management of Denton Wilde Sapte and Sonnenschein Nath & Rosenthal want their firms to merge. As The Lawyer exclusively reveals today, partners and staff at the firm were informed of the proposed deal, which will create a £500m firm with1,400 lawyers, via email this afternoon (see story). Partners were told that the merger would […]

Milbank lures EU head from SJ Berwin

SJ Berwin has lost its German head of EU and competition after Milbank Tweed Hadley & McCloy swooped for Alexander Rinne to launch its own European antitrust practice. Rinne, who will be joined at Milbank’s Munich office by associates Andreas Boos and Tatjana Muehlbach, has been with SJ Berwin since 2001. The departure leaves the […]

Taylor Wessing makes up 12 partners

Taylor Wessing has made up 12 associates to its partnership, with just two in London, in a reduced round of partner promotions. The number of new partners made up at the firm has come down from 17 last year and 19 in 2008. Taylor Wessing’s German offices have seen the bulk of this year’s promotions. […]

Willkie Farr turns to Kaye Scholer for restructuring partner duo

Willkie Farr & Gallagher has strengthened its bankruptcy and restructuring department with the hire of heavy-hitting Kaye Scholer partner Margot Schonholtz. Schonholtz was a former super-point partner at Clifford Chance, where she was head of insolvency and restructuring, until joining Kaye Scholer as part of a five-partner team in 2005 (21 February 2005). At Kaye […]

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Great haul of China

After two-and-a-half years, the Sino-Global Legal Alliance still has no imitators. James Swift reviews its progress and asks whether it’s of any real value in the Chinese legal market It might sound very Zen, but the laws of legal business are not too different from the laws of nature, according to one China-based partner at […]

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