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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money

Therium commits £1m per year to pro bono work

Litigation funder Therium has launched a new pro-bono initiative which will see the business commit roughly £1m a year to funding cases outside of its historic targets. ‘Therium Access’ will require litigants to file applications to the fund via an online form that will need to be completed by an established law firm with grants […]

Shard

Beleaguered Squires set for further partner loss to Crowell

Squire Patton Boggs is to lose yet another lawyer to Crowell & Moring, making him the latest partner this year to join former London head Robert Weekes. Debt finance partner Andrew Knight is the latest defection from Squires’ London office. He has been at Squires for the past 11 years, having moved from legacy Speechly […]

Burford eyes new funding opportunities as profits surge 24 per cent

Litigation funder Burford Capital has reported a 24 per cent surge in its net profit for 2018, as well as a rise in overall income to $420m. Net profits reached $328m last year, according to the UK listed company. However, the increase was not as dramatic as in 2017 when it posted an 109 per […]

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