In recent weeks there have been a number of developments which will impact EU-based organisations transferring data to third countries.
The economic, political and social upheaval which has visited so many countries in recent months has forced many wealthy families to focus on their longer term financial plans.
The Grand Court of the Cayman Islands (the “Court”) recently handed down a decision in the case of BDO Cayman Ltd. and BDO Trinity Ltd. v Ardent Harmony Fund Inc. (In Official Liquidation). This case provides helpful guidance on the exercise of the Court’s discretion to grant leave to commence proceedings against a company in […]
Although the real estate finance market has so far seen a continuation of the theme of forbearance and support, that attitude will not last indefinitely – further defaults and insolvencies are likely to come and we expect financiers to increasingly exercise their rights under security agreements to drive restructuring or refinancing, or, in more extreme cases, to start to actively pursue enforcement or “loan to own” strategies.
The UK is currently considering proposals on its overseas funds regime (“OFR”), which are relevant for managers planning to market investment funds in the UK at the end of the Brexit transition period. The temporary marketing permissions regime (“TMPR”) permits investment funds for which applications have been made to utilise this regime prior to the […]
Richard Hermer QC, Murray Hunt and Helen Mountfield QC speak to Lisa Nandy, Shadow Foreign Secretary and Labour MP for Wigan. Listen as they discuss topics including the results of the US election, the UK’s international reputation and influence, when it is appropriate for the UK to intervene militarily overseas to prevent crimes against humanity […]
The Supreme Court has handed down judgment in the coronavirus business interruption insurance test case brought by the FCA and, by dismissing the insurers’ appeals, has found in favour of thousands of small businesses across the UK.
Before 2019, an application for ‘interim relief’ was a fairly rare occurrence, but the number is rising year-on-year.
The Pensions Regulator has published its interim response to its first consultation on the defined benefit code of practice. The changes require the Pensions Regulator (tPR) to update its Code of Practice on Scheme Funding.
Rebecca Jackson highlights proposed reforms to the law surrounding post-termination non-compete clauses in employment contracts, and considers what any changes might mean for employers.
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Firms must once again turn their attentions towards servicing current clients for a lower cost.
The world is becoming a more open place to travel based on the Henley Passport Index.
In recent months there has been a glut of senior associate hires.
The most successful US firm in London in terms of sheer growth is Quinn Emanuel Urquhart & Sullivan.
The job losses in the legal sector last year give us a good inkling of where the most profound changes are likely in 2021
With Paul Dolman’s hire, Latham is targeting the mid-market PE opportunities.
Linklaters’ senior partner election race has begun in earnest, The Lawyer understands, as Charlie Jacobs looks set to leave the firm at the end of his term. The magic circle firm has begun a process that will conclude by mid-May, sources told The Lawyer. Jacobs is understood to have communicated internally that he will be […]
Mayer Brown is the latest firm to rethink its strategy in South East Asia, with its lead partner in Thailand joining a rival US outfit in the country. Local partner in charge Maythawee Sarathai has joined Hunton Andrews Kurth, as Mayer Brown closed its Bangkok operations. The Bangkok office was acquired by Mayer Brown following […]
Clifford Chance was on call for Alter Domus, as it agreed an acquisition deal that takes its assets under administration to $1tr. Clifford Chance supported Alter Domus as it completed the purchase of fellow business Strata Fund Solutions. The deal makes Alter Domus one of the largest private asset servicers for PE and venture capital […]
Telecoms giant BT has called on Simmons & Simmons as it faces a multimillion-pound claim in the Competition Appeal Tribunal. The claim is brought by Justin La Patourel, founder of Collective Action on Landlines (CALL), and Mishcon de Reya’s Rob Murray. The dispute relates to BT allegedly overcharging customers for its landline subscription. In 2017, […]
Clifford Chance is representing the studio behind hit game Fortnite in the Competition Appeal Tribunal (CAT) after Epic Games launched legal action against Apple and Google. The dispute concerns the defendants’ decision to remove Fortnite from their respective app stores in August 2020, which has spawned abuse of dominance claims from Epic which now seeks […]
Simmons & Simmons has successfully struck out a fraud claim from a litigant in person who accused the firm of dishonesty and had lodged a complaint to the Solicitors’ Disciplinary Tribunal (SDT). David Hinkel’s claim was dismissed by the High Court on Friday, during which proceedings revealed that the SDT had rejected the appellant’s complaints […]