Invalid Data Retention Directive creates uncertainty

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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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HSF generates £800m of revenue in first year post-merger

Herbert Smith Freehills (HSF) turned over £800m in its first full year as a merged firm, with a net profit of £232m giving it a margin of 29 per cent for 2013/14. Following the combination of the respective firms’ profit pools and subsequent restructure of the combined firm’s remuneration system, average profit per equity partner […]

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Dentons names Debowski as sole European real estate chief

Dentons has named Warsaw partner Pawel Debowski as the sole chair of its European real estate group in the wake of co-chair Eric Rosedale’s departure to Greenberg Traurig. Debowski was appointed as co-chair of European real estate earlier this year (6 February 2014) alongside Rosedale. Greenberg Traurig announced Rosedale’s hire as chair of its international […]

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Allen & Overy Aussie head to leave the firm

The movement of personnel in Australia’s legal sector has showed no sign of slowing down nearly three years after a big wave of entrants into the market. Recently, the trend has escalated, with a number of senior partners, country managing partners and office heads leaving the big global firms to seek other opportunities. Allen & […]

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Corporate crunch time: who will triumph at The Lawyer Awards 2014?

As the equity capital markets rocketed back into favour and global M&A saw at least a partial return to form, there have been some rich pickings for The Lawyer’s Corporate Team of the Year award shortlisted firms in 2014.  At its most promising moments, the corporate market has soared to some quite spectacular highs. Take […]

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Canada – The long trail

A&O is the first magic circle firm to tiptoe into Canada but despite the strong economy, there is good reason why local players are not expecting a stampede When Allen & Overy’s (A&O) Casablanca founding partner François Duquette voiced his intention to return to Canada nine months ago the firm was left in a pickle. […]

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