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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

Eversheds unveils 10-step guide in wake of SNB’s unpegging of Swiss franc

Last week, the Swiss National Bank (SNB) removed the €1.20/CHF peg. This took the FX markets by complete surprise, and caused a dramatic spike in the value of the Swiss Franc. The full scale of that fallout remains to be seen. Casualties include a major hedge fund which reportedly suffered nearly US$1bn in FX losses. […]

Why clients and Generation Y are turning away from clever branding

It’s official. Clients are becoming oblivious to law firm branding, as they turn their focus to expertise, quality of service and relationships instead. Evidence of this change was present in Acritas’ 2015 US law firm brand index, which showed Skadden at the top of an increasingly crowded list for the fourth time. The same trend […]

London

JP Morgan legal costs soar on back of regulators’ fines

JPMorgan has revealed that it ran up $1.1bn (£723m) of legal expenses during the fourth quarter of 2014, up 30 per cent from $847m the year before. The figures were released in the bank’s fourth quarter results today (14 January). The results showed that despite the extra legal costs, the bank’s net expense for the […]

Ogier supports Jersey Student Business Challenge

The Jersey Student Business Challenge kicked off with a launch event for students from Grainville and JCG on Tuesday 13 January 2015.  The Challenge, which is supported by Ogier as well as by Barclays and EY, sees 10 teams of students from each school start-up and run their own businesses with an initial investment of […]

Proskauer reaps rewards from King & Wood Mallesons

Last September, legacy SJ Berwin’s (SJB) former corporate head Steve Davis quit the firm to join Proskauer, the US outfit that SJB had temporarily courted prior to its giant King & Wood Mallesons tie-up. But it looks as if the partner didn’t leave SJB empty-handed. A couple of months into his new role, he has […]

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