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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 advises on privatisation of Kuwait Stock Exchange

DLA Piper has been appointed by the Kuwait Capital Markets Authority (CMA) to help privatise the country’s stock exchange. The firm won the mandate following a contested bid, which is said to have involved around three other international firms. DLA Piper’s Middle East regional managing partner Abdul Aziz Al-Yaqout, who is based in Kuwait, is […]

Weil posts 8 per cent rise in profit for 2011

Weil Gotshal & Manges has posted its year-end financials for 2011 that reveal for modest top line growth, with all key metrics ahead of where they were in 2009. Gross revenue rose 3.8 per cent in 2010 from $1.185bn to $1.229bn, while average profit per equity partner jumped 8 per cent to $2.44m. Weil’s executive […]

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Mayer Brown posts 10 per cent rise in average profit for 2011

Mayer Brown has become the latest US firm to post financial results for 2011, with the Chicago-headquartered firm showing a 2.4 per cent rise in total fee income from $1.107bnto $1.13bn. Average profit per equity partner rose by 10 per cent, to $1.18m while net profit stood at $323.79m, a margin of 27 per cent. […]

Eversheds snares Dundas property partner

Eversheds is set to boost its real estate team in London with a partner from Dundas & Wilson. Richard Lampert, who has been at Dundas & Wilson since 2002, has tendered his resignation and will join Eversheds’ London real estate group in the coming months. Lampert specialises in dealing with funds, acquisitions and disposals, property […]

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Manches sues celebrity chef’s wife for unpaid fees

Manches is claiming over £200,000 in unpaid fees from the wife of celebrity chef Marco Pierre White after she instructed the firm on the couple’s divorce. The firm has filed a High Court claim for breach of contract against Matilde White, known as Mati, alleging that she owes £208.568.05 in unpaid fees plus costs, interest […]

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