Firms’ freethinking

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Latest Briefings

Update on Bermuda private trust companies

Many offshore jurisdictions saw notable reforms in 2018. This article considers how recent changes to the regulation of financial services in Bermuda have affected private trust companies. These legislative amendments were made primarily to ensure that Bermuda’s legal framework remains up to date with international standards, which are aimed at maintaining the international financial system’s […]

The basics: How to wind up a corporate debtor

A company has outstanding debts and it seems they are struggling financially. What can you do to try and get your debts settled? Is applying to have the company wound up the answer? Here, we take a look at what you will need to consider before a decision is made and we take a look […]

Blowing hot and cold on the jurisdiction of an adjudicator

In the recent case of SKYMIST HOLDINGS LIMITED v GRANDLANE DEVELOPMENTS LIMITED [2018], the Technology and Construction Court (TCC), considered the principle of “approbation and reprobation” in “satellite litigation” over the jurisdiction of adjudicators. But is challenging the jurisdiction of an adjudicator worth the cost involved? We review the key points in the Skymist decision, and the TCC‘s […]

Is legislation pending on bankruptcy, pension plans and lenders?

Public consultations on enhancing retirement security led by the Ministry of Innovation, Science and Economic Development Canada closed in late 2018. Given the importance and complexity of the subject matter, the one-month consultation period offered by the government was curiously short. Given that 2019 is an election year, the quick completion of the process could […]

Apples to Oranges: how investigations differ from a litigation approach when implementing eDiscovery solutions

Competition matters, and investigations more generally, differ greatly in execution from the approach to eDiscovery taken in litigation.  Understanding the potential issues is paramount in developing an eDiscovery model that tackles the regulatory pressures faced by legal teams and their corporate clients. In the first article in this series we compare the different approaches and examine […]

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Addleshaws leads NHS group PFI scheme

Addleshaw Goddard has acted for Lincolnshire Primary Care Trust, Leicestershire Partnership NHS Trust and Derbyshire Mental Health Trust on a trio of hospital and ancillary services deals worth a total £76.5m. Dubbed the Three Shires Batched PFI Scheme, the project has so far been given the go-ahead for the development of the Lincolnshire Community Hospital […]

Wedlake Bell handed Edwin Hill sale role

Wedlake Bell was instructed by commercial property agency Edwin Hill on its £26.9m sale to Canadian property and professional services company Altus Group. Corporate partners Tony Lane and Tim Bird acted for Edwin Hill alongside corporate tax partner Robin Dabydeen. Altus Group received advice from in-house counsel Rose Oushalkas as well as Bird & Bird […]

Cayman Islands

The volatility of the US sub-prime lending market has highlighted the need for offshore funds to be truly offshore. By Sam Shires and Erin Gray Ensuring that an offshore investment fund is truly managed offshore has always been an important factor for tax reasons, but in these times of turbulent markets the location of the […]

Byrne in the USA: Wragges and known man

It’s amazing how often a certain British firm crops up in New York. Or, to be more accurate, how often one of its partners does. Wragge & Co’s David Birch was in town last Saturday (27 October). A spot of Manhattan networking, four days back in Blighty and then Birch was back again yesterday (Thursday […]

A&O on track to hit £1bn turnover after 16 per cent rise in half-year results

Allen & Overy (A&O) is the first firm to publicly release its half-year figures, boasting a 16 per cent rise on its results this time last year. If the firm continues at the same pace until the end of this financial year, it could reach its target of £1bn. Managing partner David Morley said: “Since […]

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