Paying the piper

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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?

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Blake Lapthorn PEP sinks to associate level

Equity partners average £65,000 – less than their fixed-share comrades Walter Cha Tumbling profits at Blake Lapthorn have led to some of the firm’s equity partners taking home less than the junior lawyers they supervise. In what has been a ­dismal financial reporting season across the legal profession, the south coast firm has seen average […]

Dundas maintains healthy profit margin despite PEP decrease

Dundas & Wilson experienced a 20 per cent drop in average profit per equity partner over the past financial year, but continued to operate with a relatively high profit margin. Equity partners on the entirely merit-based ­remuneration system made an average of £308,000 in 2008-09 compared with £385,000 the previous year. The profit margin stands at 37 […]

BAA’s new GC to shake up advisers

BAA is poised to carry out a review of its external legal advisers following the recent appointment of Carol Hui as the airport operator’s ­general counsel. Hui said: “I’ll be reviewing BAA advisers. I’m new to the job and need to do whatever’s best for the ­business to ensure it has the advice that’s appropriate […]

CC’s Indian ally merges with Bangalore firm

Clifford Chance’s Indian ally AZB & Partners has extended its presence in India via a merger with the Bangalore firm of Anup Shah. The tie-up doubles AZB’s capacity in Bangalore and also gives the firm a base in Chennai and Hyderabad for the first time, according to LegallyIndia.com. Shah set up his sole proprietor practice, […]

Power struggle: Roger Clayson, Nuclear Decommissioning Authority (NDA)

Between winding down Sellafield and overseeing a £70bn nuclear waste clean-up, the interim legal head of the Nuclear Decommissioning Authority Roger Clayson has his hands full. Corinne McPartland reports Roger Clayson ”Learning to work for a governmental organisation has been one of the biggest challenges for me,” says the Nuclear Decommissioning Authority’s (NDA) interim head of […]

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