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Latest Briefings

Impact of DSARs in the GDPR Era

Since the General Data Protection Regulation (GDPR) went into effect this past May, there has been a significant uptick in the number of data subject access requests (DSARs). Due to these regulatory changes, along with steep fines and shorter deadlines to complete requests, the compliance burden on organizations has to be taken seriously. To effectively […]

British Virgin Islands introduces the Micro Business Companies Act

By Alan Hughes As a leading oÂshore Ênancial center and in keeping with its constant drive toward the development and implementation of robust, modern and progressive corporate products, the British Virgin Islands (BVI) has recently introduced the Micro Business Companies Act (the “MBC Act”) – bespoke and innovative legislation designed speciÊcally toward developing and supporting the […]

Court’s guidance on identifying a firm’s centre of interests

By Duncan Lole, Gawain Moore, Geoff Cunningham In the recent case of Re Videology Ltd, the English High Court considered the factors relevant for determining a company’s centre of main interests (or COMI) and whether it had an establishment in a foreign jurisdiction for the purposes of the Cross-Border Insolvency Regulations 2006. Walker Morris insolvency experts, Duncan […]

Redress scheme outcome challenges – Have they ended?

By Paul Gair The recent case of R. (on the application of Holmcroft Properties Ltd) v KPMG LLP 2018 WL 04636705 has confirmed that Judicial Review is not the appropriate avenue for a bank customer unhappy with an accountancy firm acting as a ‘skilled person’ in approving an offer of compensation by his bank under a redress […]

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Lateral hiring at McDermott doubled in 2012 amid feeding frenzy at Dewey

McDermott Will & Emery made 54 lateral partner hires in 2012, more than double that of the previous year, according to the US firm’s annual global performance data. The data also reveals a dip in profit but a rise in revenue, with global profit per equity partner dropping 2.7 per cent to $1.46m while gross […]

Time to Tweet

Are law firms finally waking up to the power of Twitter? If the recent investments made by Eversheds and Clyde & Co into harnessing the power of the retweet is anything to judge by then the answer is ‘yes’. Both firms have spent several thousand pounds recently on bringing in external consultants to educate their […]

Peter Brien
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Slaughter and May names new Hong Kong senior partner

Slaughter and May’s incumbent Hong Kong senior partner Richard Thornhill will retire from the firm on 30 January with partner Peter Brien taking over the role. Thornhill joined Slaughters’ London office in 1977 and became a partner in 1986. He relocated from London to Hong Kong in 1990 and has been there since. He was […]

The IRS issues final FATCA regulations

On January 17, 2013, the Internal Revenue Service (IRS) released 544 pages of final regulations implementing the provisions of the Foreign Account Tax Compliance Act (FATCA). The FATCA provisions of the Internal Revenue Code require non-U.S. financial institutions and investment entities to conduct due diligence on their account holders, broadly defined, and report on U.S. […]

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Singapore’s Rajah & Tann launches in Cambodia and Myanmar

Singapore-based Rajah & Tann has expanded its South East Asia network to Cambodia and Myanmar by tying up with two local firms. In Cambodia, the firm has tied up with 10-lawyer local firm Sok & Heng and will operate as R&T Sok & Heng from 1 February. The new office will be headed by one […]

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