Trowers’ profits fall by £10m, revenue down 3.6 per cent, LLP accounts reveal

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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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Shoosmiths aims to raise £60,000 for Barnado’s by April 2014

Shoosmiths is aiming to raise at least £60,000 for Barnado’s by the end of next April. The money will enable the children’s charity to employ two specialist workers to tackle child sexual exploitation — an issue it believes is the most pressing and hidden child protection issue for UK children aged 10 and over. Shoosmiths’ […]

DLA Piper advises liability adjuster Garwyn on its acquisition by Davies Group

DLA Piper has advised the shareholders of Garwyn Group Ltd, a specialist liability adjuster, on its acquisition by insurance claims service provider Davies Group Ltd. Garwyn will join forces with Davies’ existing liability business to form a full-service liability and specialty offering in both the UK and Ireland to complement Davies’ property claims management businesses. […]

Competition Commission audit reforms — not as strict as first anticipated

The Competition Commission (CC) has been concerned about the lack of competition in the audit market for some time. It reports that this lack is due to factors that inhibit companies from switching auditors and the incentives auditors are having to focus on satisfying management rather than shareholder needs. The CC Final Report (published on 25 […]

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Nabarro advises on Jordan’s $290m onshore wind farm

Nabarro has advised on Jordans first utility-scale onshore wind farm amid growing demand for energy in the region. The Jordan Wind Project Company (JWPC) has now signed the financing agreement to begin construction of the the $290m Tafila wind farm. The developer consortium consists of a group comprising EP Global Energy, the Euro-Mediterranean fund Inframed and Masdar […]

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