The Terminator backs up Orrick’s China licence bid

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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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Hammonds partners reaffirm Crossley strategy

Hammonds partners have returned from their biennial partners’ conference optimistic for continued improvement. The firm’s entire international partnership met in Cannes on Friday and Saturday (9 and 10 June) to discuss Hammonds’ new strategy and how to implement it. Managing partner Peter Crossley said that the partners were “very pleased” with the conference, adding: “This […]

Proskauer mulls Dublin but seriously considers London

US firm Proskauer Rose’s hunt for a European base appeared to move a step closer with visits last month to the UK and Ireland by two of the firm’s senior partners. The sighting in particular of managing partner Allen Fagin in Dublin sparked talk among local lawyers that the firm was considering launching an office […]

Philly merger creates 500-lawyer powerhouse

Philadelphia firms Buchanan Ingersoll and Klett Rooney Lieber & Schorling have merged to form the city’s largest law firm with more than 525 lawyers. The new firm, Buchanan Ingersoll & Rooney, will have an estimated combined turnover of $265m. Buchanan CEO Tom VanKirk will lead the new firm for at least the next three years, […]

Weil: would it really bill for breathing?

Weil Gotshal & Manges was left searching for a rock to crawl under after being forced to admit that its lawyers “don’t communicate”. The rather embarrassing admission came about after US bankruptcy judge Judith Fitzgerald questioned why Weil was charging client Armstrong World Industries for sending a lawyer to observe a hearing in another bankruptcy […]

Fried Frank cements Lantourne tie-up

Fried Frank Harris Shriver & Jacobson has finalised a merger between the firm’s Paris office and niche bankruptcy litigation firm Lantourne. The two firms began an exclusive association in November with the hope of merging formally 12 months on, but according to Paris managing partner Eric Cafritz the association has been profitable enough to push […]

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