Lloyds and Deutsche choose Links and Freshfields for Abbey Life

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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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Brabners gets in on transfer Argy-bargy

The football transfer market descended into lawyer hell last week… Sorry, the football transfer market ascended to lawyer heaven last week as Manchester United FC tried to buy one Argentine and avoid selling another. Man Utd’s chief outside counsel Maurice Watkins of Brabners Chaffe Street has been a busy chap for a few weeks now […]

WilmerHale raid increases King & Spalding NY woes

Washington DC-based WilmerHale has hired the head of Atlanta-headquartered King & Spalding’s New York office Michael O’Brien. O’Brien’s departure is the latest in a damaging string of lawyer losses for King & Spalding’s New York base, including four in as many weeks in October last year when M&A co-head John Graham left for Clifford Chance, […]

TfL requests diversity stats from panel hopefuls

Prospective Transport for London (TfL) panel firms must provide diversity statistics to the company to help its decision-making process. TfL legal and compliance director Gareth John said he is nearing the end of his panel review and is asking firms for details on the policies they have in place to foster diversity. “Diversity is at […]

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Lack of indemnity insurance puts up to 40 firms at risk

Between 30 and 40 law firms each year have no professional indemnity insurance cover when they are sued, risk management firm Lockton has revealed. The news comes as the 9,000 law firms in England and Wales are preparing to renew their professional indemnity insurance on 1 October. Steve Holland, Lockton’s risk solution executive director, said […]

Wiggin associates get partner alternative

Media boutique Wiggin has created an alternative to partnership, putting in place a senior associate role. The firm has promoted three associates to the new position. Litigation lawyers Amali de Silva and Anna Doble, along with film specialist Katherine Otway, are the first to become senior associates. Wiggin partner Caroline Kean said: “Recognising that partnership […]

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