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Latest Briefings

Impact of DSARs in the GDPR Era

Since the General Data Protection Regulation (GDPR) went into effect this past May, there has been a significant uptick in the number of data subject access requests (DSARs). Due to these regulatory changes, along with steep fines and shorter deadlines to complete requests, the compliance burden on organizations has to be taken seriously. To effectively […]

British Virgin Islands introduces the Micro Business Companies Act

By Alan Hughes As a leading oÂshore Ênancial center and in keeping with its constant drive toward the development and implementation of robust, modern and progressive corporate products, the British Virgin Islands (BVI) has recently introduced the Micro Business Companies Act (the “MBC Act”) – bespoke and innovative legislation designed speciÊcally toward developing and supporting the […]

Court’s guidance on identifying a firm’s centre of interests

By Duncan Lole, Gawain Moore, Geoff Cunningham In the recent case of Re Videology Ltd, the English High Court considered the factors relevant for determining a company’s centre of main interests (or COMI) and whether it had an establishment in a foreign jurisdiction for the purposes of the Cross-Border Insolvency Regulations 2006. Walker Morris insolvency experts, Duncan […]

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 […]

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Money

January cash crunch looms

The convergence of several financial issues in January underline the perils of being thinly capitalised. The 31st January is the weakest point in the financial calendar for many law firms, with LLPs particularly vulnerable.  So despite soaring business confidence with firms looking to scale up, the harsh financial realities can catch firms unawares in the […]

Southeast Asia Elite
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The Lawyer Southeast Asia Elite 2015: the executive summary

Global and local firms are poised to exploit the potential from ASEAN’s new single economic market in our first Elite report into the region’s legal sector The Southeast Asia Elite report This year the ASEAN Economic Community launches – a regional event that both domestic and international firms in Southeast Asia have been gearing up […]

Schoenherr guides AIM Software sale

Schoenherr has advised AIM Software Group on investment by Welsh, Carson, Anderson & Stowe. The firm advised on the receipt of an investment from and transfer of a majority interest to US-based private equity firm Welsh Carson Anderson & Stowe (WCAS). AIM is a provider of data management software products to the financial services industry. AIM’s […]

Hong Kong

Fried Frank to shut Hong Kong and Shanghai offices in international downsize

US firm Fried Frank Harris Shriver & Jacobson has called time on its beleaguered Hong Kong and Shanghai offices, with plans to close its Asian operations after seven years in June 2015. Ongoing discussions are thought to revolve around the possibility of maintaining a service office in Hong Kong, which could be an unmanned office […]

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