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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

Advice for those wanting to move

The legal press is full of internationalisation, firms opening and acquiring new overseas offices, recruiting lateral hires and creating new alliances. Much advice is given to managers on how to pursue an international strategy, but little advice is given to individual partners tempted to change firms or merge their practice with one of the “internationals”. […]

Solicitors may be sued again

Leave has been given for an appeal and cross appeal in respect of decisions in a case in which company director William Johnson sued solicitors Gore Wood & Co. Johnson’s company had already sued Gore Wood accusing the firm of negligence. That claim had been settled. Johnson sought to mount a further claim personally, alleging […]

Financing

Herbert Smith advised private equity company The Cypress Group on the English law aspects of its agreement to subscribe for $200m senior convertible participating preference shares in Danka Business Systems. Patrick Mitchell

Quote of the week

“It’s not often that a leading judgment in the Court of Appeal turns on the meaning of an article in The Lawyer.” – BBC legal correspondent Joshua Rozenberg on The Lawyer’s role in the landmark case, Locabail (UK) v Bayfield Properties, heard by Lord Woolf, the Master of the Rolls; Lord Bingham, the Lord Chief […]

Three Internet Deals For Manches in Three Weeks

Manches has successfully seen through its third high profile internet deal in three weeks. The firm’s latest deal involved advising Musicunsigned Ltd (www.musicunsigned.com) – the internet company which promotes unsigned artists via the web – on a venture capital deal with a private investor. The internet deals from the previous fortnight involved Marks & Spencer […]

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