Cobbetts seeks buyer as administrators are called in

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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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Ex-Stephenson Harwood team quits Dundas for Osborne Clarke

Former Dundas & Wilson partner John Pike, who left the firm after less than a year, has resurfaced at Osborne Clarke, as a number of other lawyers also leave the Scottish firm’s London office. Pike left Dundas in October 2012 (4 October 2012), having joined as part of a five-strong team from Stephenson Harwood in […]

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Former 39 Essex Street silk accused of VAT fraud heads to trial

Former 39 Essex Street silk Rohan Pershad QC will today face allegations of VAT fraud at Blackfriars Crown Court. Pershad was charged in July last year with deliberately failing to declare VAT payments to HM Revenue and Customs (HMRC) on services he billed for between 1 June 1999 and 24 September 2011. He is charged […]

Excessive director remuneration

Section 994 of the Companies Act 2006 gives the shareholders of a company the right to issue proceedings against that company where they feel that the company has been or is being conducted in a manner that is unfairly prejudicial to the shareholders. Where an action is brought against an insolvent company, the shareholder will […]

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