Latest Briefings

BVI vs Hong Kong: The inconvenience of forum non conveniens

The British Virgin Islands Commercial Court in the recent judgment of Oscar Trustee Limited v MBS Software Solutions Limited BVIHC(Com) 2021/0022, once again considered whether the BVI was an appropriate forum to bring a claim. In this instance, the Defendant argued that Hong Kong was a more appropriate jurisdiction for the claim to be tried.

Securing funding with NFTs, the new kids on the blockchain

Non-fungible tokens (NFTs) have revolutionised how artists sell their art; now, artists are hoping that NFTs can revolutionise how they fund their art. Recently, the sale of collectible NFTs has funded the production of two television projects: Stoner Cats and The Gimmicks.

Economic Substance Q4 2021: Changes to BVI economic substance regime

Prior to the amendments introduced by the Economic Substance (Companies and Limited Partnerships) (Amendment) Act, 2021, the type of entities falling within scope of the BVI’s economic substance regime under the Economic Substance (Companies and Limited Partnerships) Act, 2018 included, among others, limited partnerships with legal personality. With effect from 30 June 2021, the scope of the regime was broadened to include limited partnerships without legal personality.

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Austin, Texas

Baker Botts promotes first London partner in five years

Baker Botts has promoted its first partner in the London office in five years, making up Dorine Farah in the firm’s litigation practice. Farah has been at the firm since 2007, acting as special counsel in the international arbitration group. She trained at Slaughter and May. Her practice involves a mixture of commercial and investment-treaty arbitration. […]

gender

Latham puts London at the heart of this year’s promotions

Latham & Watkins is to promote 31 lawyers to partner globally, with the firm announcing more promotions in London than in any other of its offices. A total of nine lawyers will be made partner in the City, while there are 21 promotions across Latham’s US offices. Six lawyers have been made up in New York, […]

Aldgate

Ropes makes up one in London in largest-ever promos round

Ropes & Gray has prioritised its US offices in the firm’s most recent promotions round, with nearly two-thirds of new partners hailing from across the Atlantic. The firm has made up 24 partners in its largest promotion round ever. Last year Ropes made up just 12 lawyers to partner, compared to 11 in 2016. One London-based […]

money

Linklaters and Slaughters fees near $110m for Shire mega-deal

Linklaters, Slaughter and May and Davis Polk & Wardwell are among the legal advisers set to rake in more than $110m in fees after working on the bidding war for Irish drug maker Shire. Shire was eventually sold to Japanese company Takeda, although two of its approaches were rebuffed by shareholders before the eventual proposal, valued […]

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