Schroders rejects non-international advisers

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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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EY Law splits in Stuttgart

Ernst & Young’s German law firm is set to hive off half of its Stuttgart office in order to comply with German rules on auditor independence. Twenty out of 40 lawyers and notaries in the Stuttgart office will form a new firm, which will be totally independent of both Ernst & Young and EY Law […]

Pillsbury old guard dominate after elections

Pillsbury Winthrop’s management has received a vote of confidence from the firm’s partnership, which has re-elected its chair and managing partner. Mary Cranston and Marina Park, chair and managing partner respectively, will retain the positions they have held since the merger of New York’s Winthrop Stimson Putnam & Roberts and the West Coast’s Pillsbury Madison […]

City gent

Hammonds partner Michael Cassidy was the ‘face’ of London after the IRA bombing. As Emma Vere-Jones reports, he’s still a City boy at heart It is appropriate that Michael Cassidy’s first childhood memory is of something that is intrinsically London – a double-decker bus. This is because anyone who has met Cassidy will know that […]

Dentons managing partner steps down

Denton Wilde Sapte France managing partner Jacques Salés is to return to full-time fee-earning after 27 years in a management role. Tax and structured finance head Dominique Derveaux will replace Salés today (17 November). Salés will remain at the top of lockstep until 65, the retirement age, but hopes to continue at the firm past […]

3 Loses head of government and regulatory

Clare Gilbert (left), the head of government, public and regulatory affairs at third generation mobile operator 3, is to leave the company at the end of the year. Gilbert plans to move to Hamburg to spend more time with her husband, Stan Laurent, chief executive officer of AOL Germany. Gilbert has been with 3 for […]

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