On review

The Strachan review will result in proper Chinese walls between the FSA’s Enforcement Division and the Regulatory Decisions Committee. By Charles Flint QC

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Latest Briefings

Consumer loan agreements denominated in Swiss francs

By Mateja Ule In the past years, Slovenian courts have been faced with several actions filed by consumers requesting the court to declare loan agreements denominated in Swiss francs null and void. While the courts of first and second instance seemed to struggle to find a common approach in assessing the validity of Swiss francs loan […]

Are robots writing your will?

By Aidan Grant Law firm VWV conducted a poll which found that the majority of people asked are wary about the use of artificial intelligence in the preparation of wills, with almost a third of respondents saying that they would not want any artificial involvement at all. It must be said that, as with many stories, […]

Adjudication decisions: Avoiding enforcement where the money may disappear

By Michael Bennett The losing party in an adjudication always asks one question – do we really have to pay?  In most cases the answer will be yes, but the list of reasons for saying no just got slightly longer. The recent Court of Appeal case of Gosvenor London Limited v Aygun Aluminium UK Limited [2018] EWCA […]

Data Protection Officer: Bar Association makes announcement on overlapping roles

The General Council of the Portuguese Bar Association («PBA») has finally announced its position on the situation of lawyers who act as Data Protection Officers («DPOs»). This announcement clarifies the PBA’s understanding on holding the position of DPO while practising as a lawyer. The PBA’s position appears in Opinion no. 14/PP/2018-G, published on 28 September […]

Cayman Islands economic substance requirements

By Nick Rogers, David McIntyre From 1 January 2019, new legislation will come into effect in the Cayman Islands, requiring in-scope entities that carry on particular activities to have demonstrable economic substance in Cayman. The International Tax Co-operation (Economic Substance) Law, 2018 was passed on 17 December 2018, after an extensive process of consultation with the EU […]

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Becker Büttner Held opens in Cologne

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Orrick continues French expansion

Orrick Herrington & Sutcliffe is continuing its acquisitive year in France with the hire of Coudert Brothers arbitration consultant William Craig as senior counsel. Craig was formerly a partner at Coudert Frères for 30 years before becoming a consultant at the firm. He is the third Coudert lawyer to join Orrick in France this year, […]

The sweetest feeling

Following the recent diary story of the Addleshaws partner turned gin importer (7 November) comes this sweet story of two more City exiles. Former Lawrence Graham assistants Helen and Simon Pattinson set up their chox business, Montezuma’s Chocolates, five years ago. Last month, on 15 November, they returned to the City to open up their […]

Nabarros scoops former Lewis Silkin corporate head

Lewis Silkin has lost its fourth partner in seven months as former corporate head Clare Grayston jumps ship to Nabarro Nathanson. Grayston’s move follows the losses of property partner Adam Perry to Halliwells in June, followed by corporate partner Paul Glassberg to Finers Stephens Innocent and employee incentives head Guy Abbiss to Bird & Bird […]

Cravath sets static bonus trend

Cravath, Swaine & Moore has set the tone for year-end bonuses in the US,awarding associates unchanged figures between $30,000 and $60,000. Senior associates at the Wall Street heavyweight will take home $60,000 whenthe bonuses are paid on 16 December, equal to last year’s maximum associate bonus. First-year associates will meanwhile receive $30,000. This is in […]

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