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

Schoenherr recognised as leading law firm in South East Europe by Chambers

Schoenherr has been named as as the South East Europe Law Firm of the Year 2015 by legal publisher Chambers and Partners. Schoenherr lawyers Monica Cojocaru, Miloš Laković and Marko Prušnik accepted the award on behalf of the firm at the Chambers Europe Awards event held this past Friday evening at Amsterdam’s Hotel Okura. Headline deals and […]

Belfast

Axiom UK doubles number of legal professionals in Belfast with £9m expansion

Axiom UK will double the number of people it employs in Belfast over the next five years following a £9m investment in the business. The 97 new jobs will include lawyers, project managers and technologists, with an average salary of £40,000. Invest Northern Ireland is supporting the investment with a grant of £727,500. The investment […]

joanne harris index

Independent firms can still be global

When the alliance between Herbert Smith, Gleiss Lutz and Stibbe fell apart three years ago, it was the start of a new era for all three firms and their partners. While Herbert Smith went global, Gleiss opted for a non-exclusive European alliance and Stibbe has remained stubbornly independent. Meanwhile, the former director-general of the alliance, […]

Baker & McKenzie affiliate advises on IPO of Saudi hardware retail giant SACO

Al-Ajlan & Partners in association with Baker & McKenzie has advised Saudi Company for Hardware (SACO) on its initial public offering (IPO). Approved by the Saudi Capital Market Authority on 31 March 2015, the IPO involved the sale of 7.2 million shares representing 30 per cent of SACO’s share capital. Operating across 12 cities in Saudi Arabia, […]

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