Latest Briefings

Cartels and the construction sector: Levelling up and screwing down

In recent years, the UK’s construction sector has not had a happy track record with respect to competition law enforcement, where the Competition and Markets Authority has fined construction companies a total of £67 million across five cases. Of particular significance is the increased focus on individual responsibility, as these cases also led to the disqualification of 11 directors and two criminal convictions.

Snapshot: Enforcement of foreign arbitral awards in the Cayman Islands

Foreign arbitral awards may be enforced relatively quickly and easily in the Cayman Islands and the Cayman Islands courts are willing to assist with the recovery of judgment debts. This Snapshot provides an overview of the recognition process and the steps that are then available for enforcement.

Jersey Royal Court concludes there is no substratum rule that applies to Jersey trusts

The Royal Court has recently clarified the Jersey law position of whether a trust is able to lose its substratum. Following analysis of the recent decision of the Bermuda Court of Appeal in Grand View Private Trust Company Limited v Wong & Ors, the Royal Court concluded that there was no substratum rule which applied to Jersey trusts and that powers of addition or exclusion contained within Jersey trusts should be given their natural meaning.

Working with AI

On 23 September 2021 Shoosmiths hosted its latest IHL webinar on working with AI: the key types, implementing AI and what the future might bring. Ian Blackwell represented Next Retail Ltd on the panel, alongside Simon McArdle and Sebastian Price, Commercial Partners at Shoosmiths.

Recommended

Brabners replaces Travers on West Ham appeal

Brabners Chaffe Street has bagged a lead role acting for West Ham United on the club’s appeal against a £30m payout to Sheffield United. The firm’s head of sport Maurice Watkins is leading the team on the case. West Ham appointed Brabners to take over from Travers Smith, which was ­previously acting for the club […]

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Hammonds ex-partners: we will not surrender

Former partners locked in drawings battle accuse firm of holding back vital documents Former ;Hammonds partners embroiled in a £3m profit litigation with the firm have spoken publicly for the first time to accuse their ­former ;partnership ;of ­allowing the case to drag on three years longer than they believe was necessary. As the war […]

Wall St woes: Mail prowess

Over lunch yesterday at Bingham McCutchen’s midtown Manhattan office, the firm’s co-head of its financial restructuring group seemed proud – to say the least – of his firm’s efforts during the current meltdown. As a creditor practice, Bingham’s financial institution clients are calling on the firm’s lawyers to help resolve complex creditor issues relating to […]

Loan market turmoil sets parties scrambling to re-read the boilerplate

The last month’s upheavals in the credit markets are “seismic”. And with each new tectonic shift in the world’s financial map, lenders, borrowers, and agent banks have been closely re-reading the “boilerplate” provisions of the typical US credit agreement. The last month’s upheavals in the credit markets are “seismic”. And with each new tectonic shift […]

Mixed ruling sees White & Case win a halt to parallel trade in medicines

White & Case has secured a mixed ruling on one of the most anticipated judgments on competition law from the European Court of Justice (ECJ). The US firm, acting for the Greek arm of GlaxoSmithKline (GSK), was instructed on a dispute with pharmaceutical wholesalers over the parallel trade in drugs. The ruling could have implications […]

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