Testing times for insolvency

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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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LK Shields appoints solicitor Liam Carney as partner in banking practice

LK Shields Solicitors has appointed solicitor Liam Carney as a partner in its banking practice. Prior to joining LK Shields, Carney worked as a partner in two other Irish law firms.  His expertise lies in lending and security, where he has acted for lenders on a variety of transactions. He was also legal counsel to the […]

Scotland

Thorntons secures three-way Scottish merger

Scottish law firms Thorntons, Murray Donald and Steel Eldridge Stewart are to merge later this year to create the largest law firm in eastern Scotland.  The expected £20m firm will be headed up by joint Thorntons managing partners Craig Nicol and Scott Milne and be known as Thorntons. No jobs will be lost in the […]

Plastic bag levy may help focus consumers’ minds on recycling, says Eversheds

Michael Grimes, head of waste at law firm Eversheds, has commented on the new plastic bag levy set to be announced in the Queen’s Speech. According to Grimes, recent figures from the government show that, despite all the efforts of councils and businesses, the annual recycling rate in England has remained level at just under 40 per cent […]

Quinn guilty of too much contact in Apple, Nokia leaks

The rivalries between smartphone giants Samsung, Apple and Nokia are well known but Quinn Emanuel Urquhart & Sullivan was condemned for going too far this month. The firm and longstanding client Samsung have been ordered to pay rivals Apple and Nokia over £1.2m in damages after leaking confidential information. Details of patent infringement bust-ups and […]

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