Lovells puts partners under profit spotlight

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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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Action group takes Law Society Council to task over government links

A group of Law Society members has hit out at its representative body for becoming too close to government and out of touch with the needs of the profession ahead of this Thursday’s (14 July) annual general meeting. A group of around 70 lawyers has lodged a motion, called ‘resolution 5’, damning the Law Society […]

Osborne Clarke wins £555m NCP deal

Osborne Clarke has advised private equity group 3i on its successful bid to buy parking services and traffic management company NCP for £555m. The FTSE 100 buy-out house beat six rival bidders, including Australian bank Macquarie and European carparks operator Cintra to acquire NCP from Cinven, which bought the business in 2002. It is understood […]

Liberty hell

A&O associates have pitched in with other legal heavyweights to form the ‘Guantanamo Bay Bar Association’, helping bring justice a day at a time for a group of Yemeni nationals. By Jon Robins It is an unlikely journey from the swanky surrounds of Allen & Overy‘s (A&O) New York HQ to a 10ft x 15ft […]

CDO market under fire as lawyers face court action

The collaterised debt obligation (CDO) market, on which many highly profitable practices are based, is facing mounting criticism for its volatile and risky nature. The case of Weil Gotshal & Manges being sued by a client over a CDO highlights the risks involved and has led some to argue that this highly technical and sophisticated […]

Latham bags Winston & Strawn litigator

Latham & Watkins has bolstered its Washington DC-based litigation practice with the hire of the former counsel to the National Commission on Terrorist Attacks Upon the United States. Douglas Greenburg, a specialist in corporate internal investigations and the defence of corporations in SEC and white-collar criminal investigations, joins Latham’s litigation practice as a partner from […]

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