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Latest Briefings

Overseas companies and UK property – all change in 2021

By Maria Connolly At the end of July, the Draft Registration of Overseas Entities Bill was published. The intention is that, from 2021, overseas entities wanting  to deal in certain UK property will have to register in the overseas entities register (OER). Why will overseas entities have to register?

Hackitt review: Response suggests further extension of the regime

By Adrian Mansbridge As outlined in our previous articles covering what lies ahead for high rise regulation and the proposed ban on flammable cladding the legislative programme to implement the recommendations of the Hackitt review and to address broader concerns is already underway. However, as anticipated, political concerns have already led to these proposals being “beefed up”…

Use of behavioural biometrics brings privacy issues under GDPR

By Alex Towers With cybertheft and data breaches becoming an increasingly common occurrence, the need to rapidly and accurately identify fraud has driven the development of behavioural biometrics as a means to target automated attacks and suspicious transactions. However, for the technology to function, companies must amass libraries of biometric personal data to construct profiles…

Supreme Court rules a ‘right to litigate’ cannot be assigned to a third party

By Rebecca MacCann What happens if you assign your right to litigate to a person or company that is unconnected to the event that creates the right to litigate? In the recent Supreme Court case of SPV Osus Ltd v­ HSBC Institutional Trust Services (Ireland) Limited & Ors [2018] IESC 44, the Supreme Court held […]

Portugal: Fund management 2018

By Pedro Simões Coelho, Ricardo Seabra Moura and Carlos Filipe Couto How is fund management regulated in your jurisdiction? Which authorities have primary responsibility for regulating funds, fund managers and those marketing funds?

Recommended

Howrey raids boutique for arbitration push

Howrey has bolstered its Paris office with the hire of arbitration star Jean de Hauteclocque, one of the founders of dispute resolution boutique Hauteclocque-Larroumet-Tessler. De Hauteclocque’s practice focuses on arbitration in insolvency and bankruptcy proceedings in Europe and Latin America. At Howrey he will coordinate his work with London arbitration head Melanie Willems. Willems said: […]

DLA Piper brings vulture fund down to earth with Zambian debt reduction

DLA Piper has scored a substantial reduction in the damages a so-called vulture fund was seeking to retrieve from the Zambian government. Mr Justice Smith ruled in the High Court (24 April) that the claim should be limited to $15.5m (£7.73m), as opposed to the $55m (£27.44m) sought by the vulture fund. US company Donegal […]

Akerman nominates first firm president

US firm Akerman Senterfitt has taken steps to create its first-ever firm president, nominating its chief operating shareholder to the role. M&A partner Robert Zinn will be Akerman’s inaugural president, which is akin to a managing partner at a UK firm, as first revealed by The Lawyer (23 April). Zinn will be responsible for the […]

Dutch court scuppers ABN Amro sale

A Dutch commercial court has ruled that ABN Amro cannot proceed with the $21bn (£10.5bn) sale of its US operations to Bank of America (BoA). Judge Huub Willems ruled that the Dutch banking giant needed shareholders’ approval before agreeing to sell La Salle. The judgment triggers a potential lawsuit by BoA, which is being advised […]

Nestlé panel faces rejig after four-year reprieve

Nestlé has launched a massive review of its European legal panel with a repeat of its ‘Running Shoes’ strategy, which cut 25 per cent of its legal spend last time round. The contracts are worth up to SWf5m (£2.07m) a year for the panel firms, which are Freshfields Bruckhaus Deringer, Mayer Brown Rowe & Maw […]

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