Related briefings

Working with AI

On 23 September 2021 Shoosmiths hosted its latest IHL webinar on working with AI: the key types, implementing AI and what the future might bring. Ian Blackwell represented Next Retail Ltd on the panel, alongside Simon McArdle and Sebastian Price, Commercial Partners at Shoosmiths.

Ch-ch-ch-ch-changes … A statement of intent by the FCA

Time is running wild in the financial services sector at present. New products and entrants are coming to the market hastily, some of which do not currently but will, in the near future, fall under the watchful eye of the Financial Conduct Authority. As a result, change is nigh for everybody involved in financial services.

Latest Briefings

Cartels and the construction sector: Levelling up and screwing down

In recent years, the UK’s construction sector has not had a happy track record with respect to competition law enforcement, where the Competition and Markets Authority has fined construction companies a total of £67 million across five cases. Of particular significance is the increased focus on individual responsibility, as these cases also led to the disqualification of 11 directors and two criminal convictions.

Snapshot: Enforcement of foreign arbitral awards in the Cayman Islands

Foreign arbitral awards may be enforced relatively quickly and easily in the Cayman Islands and the Cayman Islands courts are willing to assist with the recovery of judgment debts. This Snapshot provides an overview of the recognition process and the steps that are then available for enforcement.

Jersey Royal Court concludes there is no substratum rule that applies to Jersey trusts

The Royal Court has recently clarified the Jersey law position of whether a trust is able to lose its substratum. Following analysis of the recent decision of the Bermuda Court of Appeal in Grand View Private Trust Company Limited v Wong & Ors, the Royal Court concluded that there was no substratum rule which applied to Jersey trusts and that powers of addition or exclusion contained within Jersey trusts should be given their natural meaning.

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Accounts Committee queries Linklaters' £13m rail bonanza

The House of Commons Public Accounts Committee has criticised the Government for the way it paid Linklaters & Paines more than £13m for advice on the sale of the first three rail franchises. The report criticises the Office of Passenger Rail Franchising, Opraf, for not using a competitive tender to choose Linklaters and for not […]

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Reed Smith innovation supremo exits for AI platform

Reed Smith innovation manager Alex Smith is leaving the firm to join artificial intelligence services provider RAVN, as startups and alternative legal services providers keep attracting talent from private practice. Smith will become global product lead of the technology that was bought by US document management specialist iManage in 2017. Smith has led the innovation […]

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Hogan Lovells acts for Gaucho in restaurant merger

Hogan Lovells and Shoosmiths are acting in Gaucho’s merger with M Restaurants, six months after the steakhouse’s successful company voluntary arrangement (CVA) and rescue from administration. Hogan Lovells acted for Lomo Bidco, the holding company of the Argentinian style 16-strong Gaucho restaurant group, led by corporate and M&A partner Richard Diffenthal, senior associate Fergus Gallagher and […]

Six associates sue Jones Day over sex discrimination and ‘frat-boy culture’

Jones Day has come under fire this week, with six US-based female associates filing a detailed $200m class action against the firm. The six women have accused the US law firm of engaging in “systemic discrimination based on gender, pregnancy, and maternity” with a “fraternity culture“, which they say led female associates to receive lower […]

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