The courts can and will order professional funders of hopeless litigation to pay costs on an indemnity basis

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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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Eversheds confirms US merger ambitions

It’s been a long time on the back burner but finally Eversheds has given the green light to its potentially transformative plans to seek a US merger partner. Three years ago the firm formed a US strategy group. Two years ago it launched its 2020 Vision strategy, which made building a global platform a priority. […]

simon davies linklaters
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Linklaters’ Simon Davies: “The magic circle isn’t what it used to be”

This week Linklaters’ governing bodies, long-defended lockstep and US game plan came under scrutiny from partners in the first bi-annual partner meeting in six years. Is the firm at a crossroads of identity? Managing partner Simon Davies says it is the magic circle suffering the branding crisis, not Linklaters. “There is a point about longevity […]

Dechert makes up three in London in 11-strong promos round

Dechert has promoted three partners in its London office amid 11 promotions globally – the same number as last year. Litigator Caroline Black and corporate lawyers Andrew Harrow and Patrick Lyons are the three London lawyers promoted, effective 1 January. This year two City-based practitioners made the cut among the 11 promotions, while in 2013 […]

Hoyland

Simmons & Simmons re-elects Jeremy Hoyland as managing partner

Simmons & Simmons has re-elected managing partner Jeremy Hoyland for a second four-year term that will commence on 1 May 2015. The vote took place last week at a partner conference in Madrid. Hoyland joined Simmons in 1989 as a trainee and qualified into the London banking and capital markets department in 1991. He became […]

2014 Power Part Time List recognises Wragge partner Sarah Sasse

Sarah Sasse, who leads Wragge Lawrence Graham & Co’s public sector IT/outsourcing practice, has been named in the 2014 Power Part Time list. The list, compiled by Timewise and published in The Financial Times, showcases the stories and achievements of 50 of the UK’s most powerful professionals who all happen to work part-time or flexibly. […]

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