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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 […]

Recommended

Rugby row set for kick-off

A challenge over the decision of those responsible for administration of first division rugby to reduce the number of first division clubs from 14 to 12 is to be heard in the High Court on 26 August. The challenge has been mounted by Rotherham Rugby Union FC and the managers of second division rugby. Rotherham […]

The Firm

Minutes of a recent meeting at The Firm between Jack Pratchard, Tom Henderson, Big Tosh from security and some overseas guests. Pratchard: You know me, Tom. I have a strategic vision for The Firm which has seen us through this far. We copy what all the other firms are doing. If it’s good enough for […]

Flotation

Addleshaw Booth & Co has advised Royal Doulton on its bid to raise u31.2m through a placing and open offer. Corporate finance partner Richard Fleetwood led the deal. Freshfields acted for financial advisers Cazanove.

Dickinson Dees poaches Arthur Andersen team

Newcastle firm Dickinson Dees has poached a senior financial planning team from Arthur Andersen to bolster its private client practice. The move has forced the top five accountant to review its regional management structure. The five-strong team will join Dickinson Dees’ private client practice. It is led by David Dale, who headed Andersen’s financial planning […]

Flotations & Financing

Herbert Smith partner David Wyles advised BSkyB on taking out a £750m facility to refinance existing facilities of the BSkyB group and to provide working capital. Norton Rose acted for the joint arrangers of the facility Toronto Dominion Bank Europe and Citibank NA. The Norton Rose team was led by telecommunications finance partner Michael Ings.

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