Latest Briefings

EU-US Privacy Shield for data transfers ruled as invalid

The Office of the Data Protection Authority in Guernsey (ODPA) has warned companies in the Bailiwick to be aware of the recent Court of Justice of the European Union (CJEU) judgment which affects all businesses who transfer personal data outside of the Bailiwick and the European Union (EU).

Recognition and Assistance for PRC Insolvency in Hong Kong

Synopsis A recent case in Hong Kong, has demonstrated both the ability and willingness of common law courts to recognise insolvency appointments made by the courts of the People’s Republic of China (‘PRC’), and to grant appropriate assistance at common law. It is to be hoped that this proven track record will pave the way for easier recognition of common law court appointed liquidators in PRC, where, unlike in common law countries, such recognition is subject to the principle of reciprocity.

New LCIA Arbitration Rules: In force on 1 October 2020

The London Court of International Arbitration (LCIA) recently released its updated arbitration rules (the “2020 Rules”) which will come into force from 1 October 2020 and will apply to any arbitration commenced under the auspices of the LCIA on or after this date. The 2020 Rules, in the LCIA’s own words, aim to make the arbitral processes “even more streamlined and clear” for arbitrators and parties alike. We summarise nine key changes and one omission.

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Nicola Foulston, Rosenblatt

Rosenblatt eyes £22m turnover for next year

Rossenblatt’s revenue has grown 19 per cent to £12.5m, as the firm aims to add just under £10m to its top-line over the next 12 months. CEO Nicola Foulston described this as an “excellent start for Rosenblatt as a public company”. This is the firm’s first full-year financial results after listing on the Alternative Investment […]

Mining

Mishcon loses to Cleary in billion-dollar mining arbitration

Mishcon de Reya has lost a billion-dollar arbitration case against a Brazilian mining company, represented by Cleary Gottlieb Steen & Hamilton. Cleary secured a $2bn payout for its client Vale, who claimed $1.25bn in damages for losses suffered in a joint venture dating back to 2010, with the mining arm of Israeli tycoon Beny Steinmetz’s […]

Norton Rose Fulbright loses real estate partner to Trowers

Trowers & Hamlins has ramped up its real estate offering with a hire from Norton Rose Fulbright, as it endeavours to rival the other top players in the sector. Partner Neil Biswas joins Trowers’ housing and regeneration team after seven years at Norton Rose Fulbright. He began his legal career at legacy SJ Berwin in […]

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