Shearman launches in Shanghai

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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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Bloxham age case: Freshfields ‘knew’ of age claim risk

The case of Peter Bloxham against Freshfields Bruckhaus Deringer took a dramatic twist in the final moments of Bloxham’s cross-examination today, as it was claimed that Freshfields knew the risks of mixing pension reforms with a huge restructuring. Bloxham is the former Freshfields insolvency partner who is bringing age discrimination claims against his former firm […]

Microsoft appoints new head of legal

Microsoft UK has restructured its legal department, promoting commercial lawyer Dervish Tayyip to manage the legal group. Tayyip replaces Gillian Austin, who left Microsoft at the end of 2006. Before starting his new role, Tayyip managed the legal support for Microsoft’s services business across Europe, the Middle East and Africa. Tayyip joined Microsoft in 1999 […]

Ben Bennett: Cushman & Wakefield

Cushman & Wakefield’s Ben Bennett has found a role that makes use of both his legal and business skills. By Jon Parker Cushman & Wakefield is the world’s largest private real estate business. In December last year Paul Weiss Rifkind Wharton & Garrison client IFIL Investments valued the company at $975m (£483.98m) when it paid […]

Freshfields age case kicks off

It’s all kicking off this week down at the London Central Employment Tribunal. At the hearing today (see story) it emerged that several senior figures in Freshfields’ management – including senior partner Guy Morton and chief executive Ted Burke – will be called as witnesses. It’s all kicking off this week down at the London […]

Brodies’ revenue soars by 43 per cent

Scottish firm Brodies has posted its seventh year of double-digit growth, boosting its revenue by a huge 43 per cent this year. Turnover is up from £21m to £30m, with average profit per equity partner (PEP) up by 13 per cent to hit £333,000. A little less than half of the revenue increase is due […]

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