MCC's multi-million bills

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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

Sheldon 'era' ends at L&P

MARK Sheldon, ex-Law Society President and former senior partner at Linklaters & Paines, retires from the practice this week. The move marks the end of 41 years with the firm he joined in September 1953, although he remains as a consultant. Sheldon was senior partner from 1988-91 and stay-ed on as joint senior partner until […]

The 'facts' of franchising

I FEEL I must write on the subject of franchising. Having been subjected to fellow practitioners’ evangelical ramblings on the equally abhorrent subject of BS5750, I must call for my colleagues to open their eyes to the spurious debate on ‘quality’. My partner and I have practised for some 25 years from a small office […]

The Leeds fulfils legal growth plan

THE LEEDS Building Society, which is doubling the size of its in-house legal department, first considered expanding more than two years ago. But practical business developments made it difficult to take on staff who were “desperately needed”, says head of legals, Ann O’Brien. The Leeds is now recruiting three specialist lawyers to deal with insurance, […]

Tough stance taken on outsourcing work

IN-HOUSE legal departments are getting tough when it comes to outsourcing, a survey reveals. It shows that heads of legal departments are broadening the number of firms they use regularly when they out-source work and are driving down costs by negotiating better rates for their companies. The survey, carried out by recruitment consultants Taylor Root, […]

Scott becomes new vice chancellor

Lord Justice Scott, heading the inquiry into the alleged sale of arms to Iraq, has been named as the new vice-chancellor. He takes over on 1 October from Sir Donald Nicholls who has been appointed a Lord of Appeal in Ordinary.

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