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

Cravath appoints Parker as new presiding partner

New York firm Cravath Swaine & Moore has announced a number of leadership changes effective January 2013 as presiding partner Evan Chesler is elected to the role of chairman. Chesler will be replaced by deputy presiding partner Allen Parker, who will become the fifteenth partner to fill the lead role when Chesler’s term finishes at […]

Sweeting: created hybrid mezzanine

Finance hotshots

The entrants for The Lawyer Award’s Banking and Finance Team of the Year stand out for their creativity during the crunch How well do you deal with crisis? A feature of this year’s shortlist for The Lawyer Awards Banking and Finance Team of the Year was the way in which the legal teams handled sudden […]

New ESMA guidance signals more flexible approach on global depositary receipts

On 20 June 2012, the European Securities Markets Authority published new guidance on the use of ‘up to amount’ listings of global depositary receipts (GDRs) which provides much needed clarity to issuers and participants in the European GDR markets. The ESMA guidance states that, if an issuer issues new shares after the date of its […]

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Herbert Smith exits continue as former Tokyo head quits for Bingham

Herbert Smith’s former Tokyo managing partner Steve Lewis, who until recently was leading the firm’s Brazil initiative, has left the firm to join Bingham. Following his 10 years as Tokyo office managing partner, Lewis relocated to London last year to review Herbert Smith’s options for developing a presence in Latin America, with a particular focus […]

Clyde & Co looks to strike out ex-partner’s whistleblowing claim

Clyde & Co will attempt to stamp out an employment claim brought against it by former partner Krista Bates van Winkelhof at the Court of Appeal (CoA) next month. The firm has instructed Littleton Chambers’ Chris Quinn to lead the fight. Partner John Morris, who leads the firm’s international projects and construction group, has also […]

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