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Latest Briefings

Impact of DSARs in the GDPR Era

Since the General Data Protection Regulation (GDPR) went into effect this past May, there has been a significant uptick in the number of data subject access requests (DSARs). Due to these regulatory changes, along with steep fines and shorter deadlines to complete requests, the compliance burden on organizations has to be taken seriously. To effectively […]

British Virgin Islands introduces the Micro Business Companies Act

By Alan Hughes As a leading oÂshore Ênancial center and in keeping with its constant drive toward the development and implementation of robust, modern and progressive corporate products, the British Virgin Islands (BVI) has recently introduced the Micro Business Companies Act (the “MBC Act”) – bespoke and innovative legislation designed speciÊcally toward developing and supporting the […]

Court’s guidance on identifying a firm’s centre of interests

By Duncan Lole, Gawain Moore, Geoff Cunningham In the recent case of Re Videology Ltd, the English High Court considered the factors relevant for determining a company’s centre of main interests (or COMI) and whether it had an establishment in a foreign jurisdiction for the purposes of the Cross-Border Insolvency Regulations 2006. Walker Morris insolvency experts, Duncan […]

Redress scheme outcome challenges – Have they ended?

By Paul Gair The recent case of R. (on the application of Holmcroft Properties Ltd) v KPMG LLP 2018 WL 04636705 has confirmed that Judicial Review is not the appropriate avenue for a bank customer unhappy with an accountancy firm acting as a ‘skilled person’ in approving an offer of compensation by his bank under a redress […]

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Pitmans sets up City pensions team with Nabarro hire

Nabarro partner Ian Flowers has moved over to Reading firm Pitmans to establish a London-based pensions team. Flowers, who previously worked between the Sheffield and London offices at Nabarro, told The Lawyer that he will be assisted by Reading-based lawyers as he builds up a pensions offering at Pitmans two-year-old office in the capital. He […]

High security

Careful contractual drafting is essential for any Finnish companies interested in financing Russian corporate and real estate acquisitions.

Ashurst turnover up 17 per cent

Ashurst turnover up 17 per cent” />Ashurst has boosted turnover 17 per cent soaring through the £300m mark with a record turnover of £323m. In 2007 Ashurst posted a stellar 28 per cent increase in turnover, which took the firm to a turnover of £275m. Managing partner Simon Bromwich said: “The busy first six months […]

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Food next to go as Clifford Chance tightens belt

Clifford Chance tightens belt” />Clifford Chance has slashed its staff canteen subsidies and cut the opening hours of its deli and restaurant, in the latest cost-saving measure at the firm. The firm has doubled the price of evening meals in staff restaurants by scrapping the 50 per cent subsidy that the firm provided for those […]

Freshfields, OC and Simpson in $1.1bn Best Buy tie-up

Freshfields Bruckhaus Deringer, Osborne Clarke and Simpson Thacher & Bartlett scooped lead roles on the transatlantic Carphone Warehouse and Best Buy joint venture worth $1.1bn. The collaboration will see UK telephone retail business Carphone Warehouse team up with US electronics retailer Best Buy, which will launch operations in Europe for the first time. The deal […]

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