New statutory rates from April

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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 […]

Recommended

London

Arle Carpital general counsel Price exits to join Tullett Prebon

Tullett Prebon has hired Arle Capital general counsel Philip Price as its new group general counsel and global compliance head. Price has joined the interdealer broker today (24 February), replacing its former head of legal Simon Clark, who held the position since 2002. During that time he helped to navigate the £133m merger between Collins […]

Shoosmiths boosts Manchester real estate team with senior hires

Shoosmiths has expanded its real estate offering with the hire of four senior lawyers in Manchester: Ruth Clare, Sam Grange, Garry King and Alison Howarth. Joining from Eversheds, Clare is a senior associate in core real estate work with 14 years’ post-qualified experience (PQE). She has expertise in advising on a wide range of issues […]

‘US buy-in required if EU is to succeed in stamping out tax avoidance’

Commenting on the news that the EU is set to establish a tax avoidance committee, Ben Jones, tax partner at law firm Eversheds, says: “The EU has become increasingly active on the issue of multinational taxation over the last couple of years, following the wider international actions being proposed by the OECD to modernise the system […]

TSB

A&O, HSF and Linklaters advise on TSB £1.7bn takeover by Spain’s Banco Sabadell

Allen & Overy (A&O), Linklaters and Herbert Smith Freehills (HSF) were drafted in to advise on the £1.7bn sale of TSB, Britain’s seventh-biggest bank, to Spanish bank Banco Sabadell, which was accepted this morning (20 March 2015). A cross-border team from A&O’s UK and Spanish offices acted for Banco Sabadell. Corporate partner Richard Browne led […]

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