Merged chambers gets all mod cons

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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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Bar student loses out on resits by just one mark

FORMER Inns of Court School of Law student Matthew Ricks has been forced to drop plans for a career at the Bar after the Council of Legal Education refused him a second resit on a module he failed by a single mark. Ricks, who asked the CLE to use its discretionary powers to grant another […]

Mears rethinks aid response

MARTIN Mears says he will redraft the Law Society’s response to the legal aid Green Paper shifting the attack away from cash limiting and cutting out the rhetoric. Mears, who has cancelled a presidential trip to Chicago in order to work on the response to the Green Paper, wants to point the Law Society’s guns […]

SFO clocks up 72 cases in one year

THE SERIOUS Fraud Office worked on a total of 72 cases during the year from 5 April 1994 to 4 April 1995, says its annual report. Thirteen trials were concluded resulting in the conviction of 16 individuals and 15 defendants were acquitted. The workload was dominated by fraud on banks, financial institutions, and on creditors […]

Flotations

Eversheds’ Leeds office advised Farnell on its purchase of Combined Precision Components for £30.45 million. Rooks Rider in London advised the vendor.

In brief: Law Society goes solo on fees advice

The Law Society has issued its own model terms of engagement of counsel for conditional fee agreements and advised solicitors that the Bar’s alternative terms “are in some respects disadvantageous to clients”. The society has listed six areas of dispute including the Bar’s requirement for an advice fee to be paid even if counsel does […]

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