Dewey London to shut down this Friday

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Latest Briefings

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 […]

English Courts grants freezing order against unidentified individuals

By Nick Curling In CMOC v Persons Unknown [2017] EWHC 3599 (Comm) the claimant, China Molybdenum Company (CMOC), successfully obtained a worldwide freezing order against a class of unknown respondents. This was the first time the English Courts have granted a freezing order against unidentified individuals. Background The claim underlying CMOC’s freezing order application related to losses […]

Pay.UK releases rules and guidance for the confirmation of payee (CoP) service

By Elena Kyriakou On 18 October 2018 Pay.UK announced it had released to the market the standards, rules and guidance for the confirmation of payee (CoP) service. This is the latest in the line of industry initiatives to help protect consumers from falling victim to Authorised Push Payment (APP) fraud. When delivered by payment service providers, […]

Social housing monthly law update – October 2018

By David Isaacson Highlights of this month include: Autumn budget coming up Government announces new generation of council housing Bereavement (Leave and Pay) Act 2018 receives Royal Assent Government announces new housing measures Download the full update to get fully up-to-speed on the past month.

Austria – Has due diligence obligations for shareholder creditors increased?

The Austrian Insolvency Code provides for the possibility to challenge certain disadvantageous transactions carried out by the debtor after material insolvency has occurred, especially if the creditor knew or should have known of its debtor’s material insolvency. This risk of legal actions being contested is of particularly high relevance for shareholders who are also creditors […]

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Clearing up the public interest

DPP guidelines on when a journalist can use the public interest defence should help cases stay out of court In criminal law, there is no overriding ’public interest’ defence. Nor is there a definition of what constitutes the public interest. Thus, save for limited statutory ­exceptions (such as the Data Protection Act 1998), the primary forum […]

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Woolf calls for restrictions on inquiries

Former Lord Chief Justice Lord Woolf has called for the length and cost of public inquiries to be limited. Woolf is leading the first ‘inquiry into inquiries’ to examine the effectiveness of long-running hearings, such as the Leveson Inquiry into press ethics and the Saville Inquiry into the Bloody Sunday shootings in Northern Ireland. He […]

Dewey vice-chair leads four-partner defection to Proskauer

Proskauer Rose has added four litigation partners from Dewey & LeBoeuf including vice chair Ralph Ferrara in the firm’s latest raid on its US rival. Ferrara joins Proskauer in Washington DC alongside fellow litigation partner Ann Ashton, while Jonathan Richman and Tanya Dmitronow have jumped to the firm’s New York office. Proskauer has already hired […]

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Herbert Smith closes in on African launch in Guinea

Herbert Smith is expected to make a decision on whether it establishes a footprint in Africa by the end of next month, with the Republic of Guinea emerging as a strong contender for an office launch. The Lawyer reported late last year (7 December 2011) that Herbert Smith was mulling an office launch in sub-Saharan […]

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CC’s fast-track exit strategy

As firms look to slim their equity, Clifford Chance is poised to catch up its rivals, or even overtake them Clifford Chance’s decision to consult with partners on a new way of axing underperforming partners is largely intended to bring the magic circle firm into line with the rest of the ­market. The firm is […]

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