Latest Briefings

EU-US Privacy Shield for data transfers ruled as invalid

The Office of the Data Protection Authority in Guernsey (ODPA) has warned companies in the Bailiwick to be aware of the recent Court of Justice of the European Union (CJEU) judgment which affects all businesses who transfer personal data outside of the Bailiwick and the European Union (EU).

Recognition and Assistance for PRC Insolvency in Hong Kong

Synopsis A recent case in Hong Kong, has demonstrated both the ability and willingness of common law courts to recognise insolvency appointments made by the courts of the People’s Republic of China (‘PRC’), and to grant appropriate assistance at common law. It is to be hoped that this proven track record will pave the way for easier recognition of common law court appointed liquidators in PRC, where, unlike in common law countries, such recognition is subject to the principle of reciprocity.

New LCIA Arbitration Rules: In force on 1 October 2020

The London Court of International Arbitration (LCIA) recently released its updated arbitration rules (the “2020 Rules”) which will come into force from 1 October 2020 and will apply to any arbitration commenced under the auspices of the LCIA on or after this date. The 2020 Rules, in the LCIA’s own words, aim to make the arbitral processes “even more streamlined and clear” for arbitrators and parties alike. We summarise nine key changes and one omission.


Dewey & LeBoeuf merger given green light

The merger between Dewey Ballantine and LeBoeuf Lamb Greene & MacRae has gone through as of 4:30pm BST today (26 September). The partners of the respective firms were informed in the past hour that, as of Monday (1 October), they will be part of Dewey & LeBoeuf, as the new firm will be called. The […]


Eversheds seals $600m Islamic loan for Barwa

Eversheds’ London and Qatar Islamic finance teams have advised on a $600m (£300.43m) loan for Qatar real estate company Barwa. The funds, raised by Gulf International Bank in Qatar, will be used by Barwa to finance international real estate operations and projects. Lead partner on the deal and head of Eversheds’ Islamic finance group Indraj […]

Saving face

The Saving Law is just one of a number of regulatory changes that have been implemented on the back of recent scandals in Italy. By Stefano Padovani Banks are playing an ever-increasingly critical role in the Italian economy and the legislator must therefore provide an appropriate strict legal framework to rule their activities and relationships, […]

Slaughters joins Northern Rock saga

Slaughter and May is the latest City firm to be enlisted into the saga of Northern Rock. The top 10 firm is representing the Treasury and the Financial Services Authority (FSA) on their advice to the beleaguered mortgage lender, which has turned to Freshfields Bruckhaus Deringer. It is also understood that Cerberus is one of […]

Cohen Milstein mulls UK’s first class action

Class action law firm Cohen Milstein Hausfeld & Toll is considering kick-starting the first collective action in the UK with a case against supermarkets and dairies for price-fixing. The firm is looking to recover around £270m for consumers after the Office of Fair Trading (OFT) last week estimated this was how much customers were out […]

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