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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 […]

Recommended

Bristol’s Brunel bash

It’s Isambard Kingdom Brunel who’s credited with linking the West Country and London, but it seems law firms are trying to outdo the old engineer. Simmons & Simmons has become the latest City firm to plan a Bristol launch in a move aimed at achieving more efficient ways of working. London and national rivals have […]

Singapore’s Temasek appoints its first general counsel

Temasek Holdings, an investment company owned by the government of Singapore, has appointed Lee Theng Kiat as president and general counsel, the first holder of the legal head role. Prior to joiningTemasek, Lee was the chief executive officer and president of Singapore Technologies Telemedia, having served as a general counsel in his early career. In […]

AXA Asia GC: The end game

Asia regional general counsel Johnny Cheung hopes his ambition to see a deal through to conclusion will stand him in good stead for AXA’s life insurance JV with ICBC Johnny CheungRegional general counsel for Asia, AXA Group Position: regional general counsel for AsiaIndustry: InsuranceReporting to: Group general counsel in ParisNumber of employees (global): 214,000Annual turnover […]

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Two more partners quit Dewey, head to DLA Piper in NYC

Dewey & LeBoeuf has lost a further two partners, with New York corporate duo John Altorelli and Alexander Fraser leaving to join DLA Piper. The departures bring the number of partner exits from the US firm to 41 this year, with the firm taking emergency measures last month that saw it reshuffle its senior management […]

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Legal Services Board concedes ‘no big bang’ in five years since LSA

The Legal Services Board (LSB) has admitted that the 2007 Legal Services Act (LSA) has not resulted in sweeping changes to the profession, stating in a five-year progress report that it is “early days” to judge its impact. The LSB’s interim market trends publication was presented yesterday by chief executive Chris Kenny, who acknowledged that […]

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