Simpson Thacher called in after takeover puts Pearl in the red

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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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LG launches Moscow base after winning Lukoil panel role

LG has launched an office in Moscow after merging with local Russian firm Aurora. LG has launched an office in Moscow after merging with local Russian firm Aurora. The base, which will focus on M&A, corporate, securities, banking and finance and bankruptcy, will be led by LG London-based corporate and finance partner Richard Elphick. He […]

Eversheds rebuilds Copenhagen after senior partner walkout

Eversheds has appointed two partners in Copenhagen to replace former senior partner Troels Askerud. Eversheds has appointed two partners in Copenhagen to replace former senior partner Troels Askerud. Partners Sam Jalaei and Nikolaj Juhl Hansen will share the role of senior office partner after Askerud announced earlier this month that he was leaving the firm […]

A&O, Freshfields and Links advise on duo of French deals

A trio of magic circle firms have won roles on the multi-billion euro acquisitions of stakes in French companies Rhodia and SFR. Allen & Overy (A&O) and Linklaters have been instructed by Vivendi and Vodafone respectively as the former acquires a 44 per cent stake in mobile operator SFR, valued at €7.95bn (£6.9bn). Meanwhile, Freshfields […]

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Focus, Careers: Second life

With the shadow of redundancy looming over the legal sector, many lawyers are facing the prospect of taking prolonged and unplanned career breaks. As redundancies continue to sweep through the City, large numbers of lawyers are having to cope with unemployment for the first time since leaving university. For most this is a daunting task. […]

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Clifford Chance ramps up Saudi relationship as six more lawyers seconded

Clifford Chance has seconded two senior lawyers to its Saudi partner firm Al Jadaan & Partners, in an attempt to strengthen its relationship with the Riyadh outfit. Corporate and capital markets lawyer Omar Rashid and Paul Latto, a banking lawyer, have each been appointed co-heads of their respective practices together with Al Jadaan partners. The […]

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