Merger hopefuls should take note of Sony-BMG debacle

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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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DLA Piper appoints Shanghai motor expert

DLA Piper Rudnick Gray Cary has hired the former general counsel of Shanghai General Motors as a partner in its Shanghai office. Henry Wang is a US-qualified lawyer with in-depth experience of China’s motor industry. He also has experience in M&A, joint ventures or wholly foreign-owned entities, IP, corporate finance, dispute resolution, employment and real […]

Macfarlanes poaches Hammonds pensions star

Macfarlanes has poached Hammonds’ respected international benefits head Jane Marshall to boost its employment, pensions and benefits group. Marshall becomes the second equity partner to leave Hammonds’ London office since the end of the firm’s 14-month lock-in on 30 June. She joins Macfarlanes in September. Marshall has been a partner at Hammonds since 1994. Until […]

Merger deal creates India’s largest firm

Two of India’s oldest law firms, Fox Mandal and Little & Co, have merged to create the country’s largest legal practice and are on the lookout for further expansion opportunities. The merger to create Fox Mandal Little (FML) comes at a time when Mumbai-based Little & Co was losing lustre following the departure and retirement […]

Bakers brings in bonuses on back of revenue hike

Baker & McKenzie has introduced a new bonus scheme for all UK staff after preliminary figures revealed a 9 per cent increase in London revenue to break the £100m barrier for the first time. London managing partner Gary Senior said the new bonus scheme, introduced from 1 July, would provide all fee-earners and support staff […]

Akin Gump loses $1.1m negligence suit

Texas firm Akin Gump Strauss Hauer & Feld has been ordered to pay a former client $1.1m in damages after being found to have been negligent in its representation. The suit filed by National Development and Research Corporation (NDRC) and its owner Robert Tang did not name any individual lawyers as defendants. The judgement calls […]

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