Latest Briefings

12 things you didn’t know about electric vehicles

The significant shift in people’s travel routines over the last 12 months will likely trigger long-term changes for many and our urban spaces will need to continue to develop into ‘smart cities’. Electric vehicles and their charging points will form a significant part of this changing landscape.

Avenues of redress for stakeholders in Cayman incorporated companies facing the excesses of majority shareholders and/or their appointed directors

Against the backdrop of differing economies, laws and regulations throughout Asia, choosing to incorporate Cayman entities into holding and investment structures allows international stakeholders to co-operate under the aegis of a stable and effective judicial system. Appeals from the Grand Court of the Cayman Islands lie with the Cayman Islands Court of Appeal, comprising judges who have held high judicial office in the Commonwealth. The Judicial Committee of the Privy Council is the final Appellate Court for the Cayman Islands. As such, through its Court system, Cayman is able to provide the investment community with impartial, established and highly regarded judicial resources dedicated to resolving complex commercial disputes.

Key changes to the LCIA and ICC arbitration rules

Two of the most prominent arbitral institutions globally, the London Court of International Arbitration and the International Chamber of Commerce, have recently updated their rules to modernise and streamline the way in which arbitrations are administered. The changes are designed to increase efficiency, flexibility and transparency and to embrace the growing use of technology in business today.

Around the world (of Big Tech regulation) in 8 minutes

When Trump was ultimately banned from most mainstream social media services during his final month in office, many questioned if Big Tech should have the power to silence a sitting President in this way and if they had the right rationale to do so. Trump has now handed over @POTUS to Joe Biden and the whole world is talking about what may be in store for Big Tech when it comes to regulation as a result of this transformed understanding.

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Skadden and Clydes pick up mandates on Leon sale to EG Group

Skadden Arps Slate Meagher & Flom and Clyde & Co are leading on EG Group’s £100m acquisition of Leon Restaurants. Skadden is advising EG Group, led by M&A partner George Knighton and associate Chloe Bowskill. EG Group, run by the billionaire Issa Brothers, has been a a client of Knighton’s for around six years – […]

HSF

HSF expands alternative services arm as revenue hits £50m

Herbert Smith Freehills (HSF) is broadening the offering of its alternative legal services arm, as its revenue smashes through its £50m target. Launched in Belfast in 2011, the alternative legal technology (ALT) service unit now includes more than 350 people around the world, having grown to over £50m from the £40m reported in 2019 and […]

exit

Third London Essex Court silk departs

Essex Court Chambers is losing yet another silk in London as Vernon Flynn QC makes the move to Brick Court Chambers. Flynn (Call: 1991) is now the eighth member to leave the magic circle set since sanctions were imposed by China at the end of last month, confirming on social media that his move is […]

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Eversheds and Addleshaws unveil slimmed-down partner promos

Eversheds Sutherland and Addleshaw Goddard have announced reduced promotions rounds, with 22 and nine freshly-minted partners respectively. Eversheds has cut back on its partner promotions after two enlarged rounds, with 22 lawyers making the grade. Last year after the firm announced its biggest ever promotions round, promoting 38 partners. In 2019, 27 were made up. […]

Money dollars

Reed Smith joins raft of firms handing out Covid bonuses

Reed Smith has approved a Covid bonus to its associates. The firm has notified associates across its global platform that it will award special 2021 bonuses across the spring and autumn. These bonuses are based on seniority, ranging from $12,000 to $64,000 in the US; the amounts elsewhere will be based on jurisdictions and currencies. […]

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