The Financial Report — analysis of US bank counterparty data; Hong Kong releases REIT consultation conclusions; and more

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Latest Briefings

Overseas companies and UK property – all change in 2021

By Maria Connolly At the end of July, the Draft Registration of Overseas Entities Bill was published. The intention is that, from 2021, overseas entities wanting  to deal in certain UK property will have to register in the overseas entities register (OER). Why will overseas entities have to register?

Hackitt review: Response suggests further extension of the regime

By Adrian Mansbridge As outlined in our previous articles covering what lies ahead for high rise regulation and the proposed ban on flammable cladding the legislative programme to implement the recommendations of the Hackitt review and to address broader concerns is already underway. However, as anticipated, political concerns have already led to these proposals being “beefed up”…

Use of behavioural biometrics brings privacy issues under GDPR

By Alex Towers With cybertheft and data breaches becoming an increasingly common occurrence, the need to rapidly and accurately identify fraud has driven the development of behavioural biometrics as a means to target automated attacks and suspicious transactions. However, for the technology to function, companies must amass libraries of biometric personal data to construct profiles…

Supreme Court rules a ‘right to litigate’ cannot be assigned to a third party

By Rebecca MacCann What happens if you assign your right to litigate to a person or company that is unconnected to the event that creates the right to litigate? In the recent Supreme Court case of SPV Osus Ltd v­ HSBC Institutional Trust Services (Ireland) Limited & Ors [2018] IESC 44, the Supreme Court held […]

Portugal: Fund management 2018

By Pedro Simões Coelho, Ricardo Seabra Moura and Carlos Filipe Couto How is fund management regulated in your jurisdiction? Which authorities have primary responsibility for regulating funds, fund managers and those marketing funds?

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Burness Paull posts 20% revenue rise to £46.3m

Scottish firm Burness Paull has announced a turnover of £46.3m in the year to 31 July 2014, an increase of 20 per cent on 2012/13. Total net profit at the 56-partner firm rose by around 25 per cent while average profit per equity partner last year was £445,000 and the top of equity stood at […]

Shoosmiths lawyer completes second edition of Property Development: A Practical Guide

A real-estate lawyer at Shoosmiths has completed the second edition of the successful and popular industry handbook Property Development: A Practical Guide. Gavin Le Chat saw his first legal handbook published in April 2010 after spotting a gap in the market for a comprehensive guide on the subject. Following sales that exceeded expectations and a […]

offshore wave

Hill Dickinson admits mistake over Christian Candy super-yacht sale

The High Court has ruled that a failure by Hill Dickinson to obtain a guarantee over the condition of a yacht sold by property tycoon Christian Candy did not lead to its client’s losses. Hill Dickinson partner James Lawson had assured his client Michael Hirtenstein post-purchase that the €4.5m yacht came with a personal guarantee […]

No5 Chambers’ Michael Anning defends teenage gunman spared jail

Jack Phillips, defended by Michael Anning of No5 Chambers, has admitted robbery, possessing a firearm with intent to commit robbery and possessing a prohibited weapon and has been spared jail by recorder Michael Elsom, who says his age and the fact others had told him to carry out the act made it an exceptional case. […]

Richard Kemp

Law firm start-ups, then and now

The contrasting experience of two technology law firm start-ups in 1994 and 2014 highlights the massive evolution of legal practice in the last 20 years. Law firm IT and regulation have both changed out of all recognition over the past two decades. The first has become a lot more flexible, better and cheaper; the other, much […]

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