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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?

Recommended

Herbies litigators told not to sue big four after Equitable debacle

Herbert Smith has decided not to act for clients suing the big four accountancy firms after losing the Equitable Life case last year. Herbert Smith acted for Equitable Life in the £2.6bn negligence claim against Ernst & Young (E&Y) and a number of the building society’s former directors. The case settled in September 2005, with […]

A&O, CC land Man Utd debt refinancing instructions

Allen & Overy (A&O) and Clifford Chance have been called up for a second time to advise Manchester United and JPMorgan on a £660m debt refinancing that increased the amount of money borrowed against the club’s assets, but reduced its exposure to payment-in-kind notes (Piks). Under the terms of the deal, Man Utd’s overall debt […]

McDermott raids Bakers for securitisation push

McDermott Will & Emery is set to land Baker & McKenzie securitisation partner Paul-Michael Rebus for its London office. Rebus was Bakers’ first London securitisation partner when he joined as a senior associate from Cadwalader Wickersham &Taft in 2004. Bakers has since ramped up its London securitisation practice follwing its raid on Norton Rose last […]

Latham boosts London with securitisation star

Former Mayer Brown Rowe & Maw (MBR&M) securitisation star Mark Nicolaides has resurfaced at Latham & Watkins to spearhead the firm’s drive into the European asset-backed securities market. Nicolaides’ practice covers a range of products, including commercial paper, auto receivables and arbitrage and collateralised debt obligations. His expertise will be a boost to Latham’s London […]

Hill Dickinson wins plum radio role

Hill Dickinson has won a competitive tender to advise on a series of innovative pieces of work for independent radio producers. The firm has been appointed as the official lawyers for the Radio Independents Group (RIG) Law Scheme, and will draw up the first ever unified set of standard contracts for the independent radio industry. […]

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