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.


Milbank handed role on Macquarie takeover of Stagecoach London

Milbank Tweed Hadley & McCloy has scooped an instruction to advise Macquarie Bank on its acquisition of Stagecoach’s London bus operations. The acquisitive Australian bank, which is currently locked in a bidding war with Goldman Sachs for Associated British Ports, signed a deal to buy Stagecoach London for £263.6m in cash on 23 June. Milbank […]

Travers, Milbank bag clinphone ipo roles

Travers Smith and New York-based Milbank Tweed Hadley & McCloy acted for ClinPhone’s London Stock Exchange IPO. ClinPhone is a specialist supplier of technology solutions to the clinical trials industry. It will have a market capitalisation of £94m on listing. The IPO included a £60m placing of new and existing shares. Investec acted as sole […]


Large-scale insolvencies and restructurings have been largely absent from the UK market over the past few years. However, lawyers working in this area are having to get to grips with a number of new factors that have changed the way they go about their work. Pre-pack administrations have come under criticism lately for being less […]

Willkie Farr takes Freshfields antitrust head

Willkie Farr & Gallagher has raided Freshfields Bruckhaus Deringer to take Paris antitrust and competition head Jacques-Philippe Gunther. Gunther joins the US firm as a partner in its Paris and Brussels offices. He previously led the antitrust and competition practice at Freshfields in Paris, which he started in the Paris office of Freshfields Bruckhaus in […]

Clydes sails into uncharted waters with expansion across the Atlantic

Clyde & Co is making a play for the US litigation market with the hire of four partners from US firm Condon & Forsyth and with new offices in New York and Los Angeles (LA). London Partners Diane Westwood Wilson, Christopher Carlsen and Andrew Harakas joined Clydes last week to set up in the New […]

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