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Latest Briefings

A borrower can now challenge symbolic possession under the Sarfaesi Act

The Hon’ble Supreme Court (SC), in its recent decision in the matter of M/s Hindon Forge Pvt. Ltd. & Anr. v State of Uttar Pradesh [(Civil Appeal No 10873 of 2018 along with Civil Appeal No 10874 of 2018)] (Appeals) held that a borrower can prefer an application under Section 17 (1) of the Securitization […]

New law on validity of wills in Cayman

By Anthony Partridge, Fraser Allister The Cayman Islands’ Formal Validity of Wills (Persons Dying Abroad) Law, 2018 came into effect on 1 February 2019. The law is important to people who own shares in Cayman Islands companies or have interests in Cayman Islands investment funds for example, and offers far greater flexibility for international clients who wish […]

Brexit worries drain confidence in EU reference procedure

In a legal first, Brexit prevents High Court from clarifying if it has jurisdiction in a human rights claim against the EU. The Kosovo victims of serious human rights abuses from two decades ago bring damages claims against the EU. On 13 February 2019 the High Court in the case of Tomanovic v EU [2019] […]

Litigation funding 2019 – United Arab Emirates

By James Foster, Courtney Rothery We have authored the inaugural UAE chapter in the annual Guide to Litigation Funding published by Law Business Research (part of the “Getting the Deal Through” series). This is the third edition of the global survey of the law and practice of litigation funding. With the third-party funding of litigation and arbitration […]

The Bluberi CCAA proceedings: litigation funding in insolvency

By Patrice Benoit, Geneviève Cloutier On February 4, 2019, the Court of Appeal of Quebec released its decision in the matter of Callidus Capital Corporation and al. v. 9354-9186 Québec Inc. (formerly Bluberi Gaming Technologies Inc.).  With the increase in third party litigation funding, we are now seeing it being used in the insolvency context and the Court of […]

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Bird & Bird projects 20 per cent PEP rise at half-year

Bird & Bird’s continued European expansion has helped it to a 22 per cent increase in revenues at the half-year point. But the rapid international growth, which saw it reach 13 offices in 10 jurisdictions this year, has not hurt the bottom line. Chief executive David Kerr said profits lagged only slightly behind revenues in […]

Goodbodys, Dillons top Ireland’s funds league table

A&L Goodbody and Dillon Eustace have scooped the bulk of Ireland’s funds work as the value of funds services there approached the $1tr (£566bn) mark. Dillons topped the table for the second year running, remaining the largest legal adviser of funds in Dublin with 792. Goodbodys is its nearest rival in second place, advising on 573 funds, […]

Switzerland

Switzerland may still have the reputation for discreet banking, but dubious funds can no longer take advantage of Swiss banking secrecy laws. Michael Fisher reports

Mother’s ruin is lawyer’s shoo-in

The concept of work-life balance is really being embraced these days among lawyers. Few, though, have done as well at marrying business and pleasure than former Addleshaws partner Susannah Sheppard. Sheppard, a competition specialist, is the sole UK distributor of Xoriguer gin, a tipple that hails from (and has until now only been available on) […]

Shearman opts for yearly pay reviews

Shearman & Sterling‘s associates will no longer enjoy six-monthly pay reviews following an overhaul of the London office’s salary system. Going against Allen & Overy‘s (A&O) 20 per cent pay hike last month (October), Shearman has instead decided to pare down its salary reviews to a single annual review in May from next year. The […]

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