A&O redundancy programme ends with 400 layoffs

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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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Dewey Paris head quits for King & Spalding

Atlanta-based King & Spalding has hired Dewey & LeBoeuf Paris-based arbitration head Eric Schwartz to launch in France. Schwartz, who was managing partner of Dewey’s Paris office, is joining with arbitration senior counsel James Castello. Schwartz, who has served as the secretary general of the International Court of Arbitration of the International Chamber of Commerce, […]

2

A&O promotions: more women, more in banking

Allen & Overy has made 20 promotions to the partnership this year, forty per cent of whom are women. This is a fall in the total number of promotions at the firm from last year, when A&O made up 28. However, the proportion of new women partners has reached record levels. Last year four of […]

Ashurst muscles in on CC’s Candover relationship as group names first GC

Candover has linked up with Ashurst after decades of dealings with Clifford Chance. NOW MORE than ever, private equity house Candover needs its trusted circle of legal advisers. The UK private equity giant is entering one of the most ­turbulent periods in its history. Last month, the group cut the valuation of its portfolio in […]

Budget spurs on Wilsons’ London plans

The introduction of a 50 per cent tax rate in last week’s Budget is accelerating the expansion plans of Salisbury firm Wilsons. The introduction of a 50 per cent tax rate in last week’s Budget is accelerating the expansion plans of Salisbury firm Wilsons. The firm’s managing partner Jonathan Stephens said the tax changes will […]

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Miners compensation scandal: Nulty struck off

Andrew Nulty, the lawyer who boasted of his £13m fortune, has been struck off by the Solicitors Disciplinary Tribunal for his part in the miners’ compensation scandal. Nulty, who launched Avalon Solicitors in 2001 with 2,000 personal injury claims on his books, is the third lawyer to be kicked out of the profession for his […]

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