MoJ criticised on first day of opening

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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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Pensions: Rock and a hard place

Pension fund trustees often have to negotiate with employers, throwing up a host of conflict issues. By John Papadakis and Rosalind Connor One of the major effects of the Pensions Act 2004 has been to increase the number of situations in which trustees are obliged or able to negotiate with the scheme employer. As trustee […]

Linklaters reinstates global COO position for Thompson

Linklaters has appointed Simon Thompson as global chief operating officer (COO), a position that had been redundant for the last three years. Thompson, who was previously the magic circle firm’s director of information systems and strategy (ISS), takes on the COO position with immediate effect. As COO Thompson will sit on the firm’s executive committee, […]

Raft of firms benefit from mining mega-deal

The latest mega-deal in the mining industry has gifted roles to a group of elite US and Canadian firms. US aluminium giant Alcoa has instructed Skadden Arps Slate Meagher & Flom and Cleary Gottlieb Steen & Hamilton to advise it on its $33bn (£16.54bn) unsolicited bid for Canadian rival Alcan. Stikeman Elliot is advising Alcoa […]

Weightmans bucks insurance slump with record revenue hike

Weightmans has announced a record increase in turnover at the year end of 15 per cent in its year, taking last year’s revenues of £38m to £43m. The firm has also announced a provisional profit per equity partner (PEP) figure of £282,000 compared to last year’s £265,000. Weightmans managing partner Patrick Gaul commented: “We have […]

3i chooses Travers for Lord Foster coup

Private equity house 3i has turned to Travers Smith in its innovative plan to buy a stake in one of the UK’s most famous architecture practices. Lord Foster, one of the most prominent British architects, has agreed to sell a stake in his Foster & Partners company to 3i in a deal that is reportedly […]

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