SAFE significantly eases restrictions on cross-border security and guarantees

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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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medtronic

Cleary and Wachtell lead as Medtronic buys Covidien for $43bn

Cleary Gottlieb Steen & Hamilton and Wachtell Lipton Rosen & Katz, alongside Irish heavyweights A&L Goodbody and Arthur Cox, are leading on the mammoth $42.9bn (£25.3bn) merger of medical technology giants Medtronic and Covidien. The transaction will see Medtronic buy Covidien for $42.9bn in cash and stock, with the merged entity relocating its corporate headquarters […]

No5’s Earl Pinnock defends cancer conman

Barrister Earl Pinnock from No5 Chambers recently defended Simon Williams, who has been sentenced to six months in prison after admitting fraudulently obtaining cash. Williams, 29, from Wolstanton, Staffs, told his family and friends that he had terminal cancer, and his mother, who believed he had only six months to live, set up a charity […]

Nasa

One giant leap for Nasa with first GC change in a decade

The National Aeronautics and Space Administration (Nasa) has named a new general counsel for the first time in a decade following the retirement of current GC Michael Wholley. The space agency’s deputy general counsel Sumara Thompson-King has taken on the top legal role, having been a deputy associate general counsel at Nasa since 1995. She will […]

DLA Piper offers free guidance pack for high-growth start-ups

DLA Piper’s technology sector team has produced a pack of free legal guidance and documents aimed at high-growth start-ups that have ambitions for high-growth and international expansion. The legal start-up pack contains downloadable legal documents, guidance notes and checklists with respect to intellectual property, corporate, employment and tax matters. It includes: Guidance notes and checklists to […]

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