Royal Bank of Scotland goes local in US deal

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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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Addleshaws raids Garretts

Addleshaw Booth & Co is continuing its raid on Garretts, the associate law firm of Arthur Andersen, by taking two partners, including the head of property in its Leeds office Dean Copley. It is understood that both Copley and property partner Paula Dillon are resigning today (Monday). Dillon will join Addleshaws in October after returning […]

Property

Richard Pearlman & Co advised Citymain Investments, a company partly owned by Prestbury Group, in its acquisition of 188-213 Old Street, London, EC1. Richard Pearlman and Adam Draper advised on the deal, which is worth u23.2m, while Nabarro Nathanson acted for the vendor, Courtana Investments. Berwin Leighton acted for the purchaser’s funding source, KBC Bank […]

St Philip's rejigs hiring process

St Philip’s Chambers, the largest set in the country, is reforming its constitution to streamline the process by which new tenants are recruited. The reform, approved by the set’s management board last week, will reduce the time it takes to appoint a member to chambers from three months to as little as one week. The […]

Property

SJ Berwin advised Chelsfield on its recent purchase of the City Gate office complex at Southwark Bridge, London, from Brixton Estate. Complex tenants include Unisys and the Insurance Ombudsman Bureau. The SJ Berwin team was led by John Eldridge, assisted by Tessa Rudnick and Julie Hasselberg. Jackie Newstead of Lovell White Durrant acted for Brixton […]

Eversheds lawyer goes in-house at DHL couriers

International courier company DHL is boosting its in-house legal team by appointing Eversheds associate Ian Carey. Carey will join DHL’s head office in Brussels as aviation counsel tomorrow. His appointment will bring the in-house legal count to eight. Previously at Eversheds, Carey worked in the banking department, specialising in aviation. He will replace Richard Churchill-Coleman […]

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