Abandon ship — can a company have no appointed directors?

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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?

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Norton Rose Fulbright has updated its maternity and paternity policies, following a survey of all women who have taken maternity leave from the firm over the past five years. The new policy, which went live on 1 May 2014, sees all London employees who have been at the firm for more than one year receive […]

No5 Chambers teams complete Midland & London Legal Walks for charity

No5 Chambers has raised £965 after entering teams in the Midland & London Legal Walks, which took place on 19 May. So far a total of £360 has been raised for the Midland team and £605 for the London team. Barristers and staff took part in both 10km walks to raise funds for the Midland Legal […]

Barrister S Chelvan’s DSSH model for LGBTI asylum claims is internationally recognised

Throughout May, No5 Chambers barrister S Chelvan has provided training across Europe on his DSSH (difference, stigma, shame and harm) model for credibility assessment in LGBTI asylum claims. From 5–7 May, Chelvan provided training in Madrid to more than 100 delegates from NGOs as part of the CREDO project, co-organised by the ELENA network and the Hungarian Helsinki Committee. […]

DLA Piper acts for Transfield Services on global refinancing

DLA Piper has advised Transfield Services on a major global refinancing. Melbourne-based partner Bill Glover led the Australian team that advised Transfield Services on the issue and sale of $325m (£193m) senior unsecured guaranteed notes in the US and international capital markets. Fellow Sydney-based partner Hugo Thistlewood led the team that advised Transfield Services on its […]

Final word on banking conduct remains with FCA and PRA, says Eversheds

Eversheds partner Andrew Henderson has said that the final word on banking conducts remains with the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA), despite the launch of the UK Banking Standards Council. Henderson said: ‘The contents of the Banking Standards Review are not unexpected and its aims laudable. The extent to which […]

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