Postcard from… Shanghai

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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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Garrigues sets out expansion plans and bags International Firm of the Year award

Spanish firm Garrigues was crowned International Firm of the Year at the The Lawyer Awards two weeks ago – the first non-US firm to win the prize. With revenue of €334.3m (£273.6m) for 2008-09 the firm topped the table of Continental European law firms by revenue for the second year running after experiencing growth of 12.6 per cent. Co-managing […]

Pinsents sails for Singapore

“We sail tonight for Singapore/We’re all as mad as hatters here,” sang Tom Waits back in the 1980s. Now, we don’t know if Pinsent Masons senior partner Chris Mullen is a fan of the gravely voiced troubadour, but today’s news that his firm has entered into a joint venture with local player MPillay (see story) […]

Mishcon experiences another tough year for PEP

Mishcon de Reya has posted another sharp decline in average profit per equity partner (PEP), with the firm’s PEP now having dropped 39 per cent in two years. Mishcon’s PEP was £450,000 in 2009-10, down from £575,000 the year before. In 2007-08 the firm’s PEP had been £740,000. Managing partner Kevin Gold said the firm’s […]

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Links soldiers on in US flatlands

Stagnant US turnover fails to dissuade UK giant from trying to plunder American riches While Linklaters’ global revenue fell by 8 per cent in 2009-10, its US turnover remained flat at around £70m, according to the firm’s US co-managing partner Larry Byrne. The US market has been a ­notoriously tough nut to crack for the […]

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Dewey, Links lead on Irish listing of Russian bank

Dewey & LeBoeuf and Linklaters have scored leading roles on the debut note listing of state-owned Russian bank Vnesheconobank (VEB). The $1bn (£660m) Irish listing is the first part of a $30bn loan participation notes (LPN) agreement, with a second rouble-denominated listing to match the dollar offering believed to be ready to launch. Corporate partner Louise Roman Bernstein led the […]

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