US private equity houses and US law firms: a family affair?

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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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Pensions lawyer to move Reed Smith ahead

Reed Smith has appointed Ashurst Morris Crisp pensions lawyer Michael Calvert to head up its pensions practice. Calvert has been at Ashursts since 2000, where he was a senior associate, before which he was a partner at Charles Russell. Commenting on the appointment, Reed Smith’s managing partner in London Tim Foster said: “Our development of […]

Ashursts-Fried Frank merger: all systems go

Governance committees recommend the deal; vote set for end of this month The governance committees at Ashurst Morris Crisp and Fried Frank Harris Shriver & Jacobson have voted to recommend a merger of the firms to its partners, paving the way for a March ballot. It is understood that Fried Frank’s 14-member committee was the […]

DEAL OF THE WEEK – SIX CONTINENTS

KKR jumps to attention as 6C is targeted by Hugh Osmond Slaughter and May may be advising high-profile entrepreneur Hugh Osmond on his bid for Six Continents (6C), but it remains to be seen which UK firm will secure an instruction from KKR. At the time of writing, KKR had still not declared its hand, […]

B&M makes Euro push with Austria initiative

Baker & McKenzie has opened an Austrian office, following a merger with 21-lawyer firm Kerres & Diwok As revealed on www. thelawyer.com/lawyernews (27 February), the Austrian firm’s founding partners Dr Christoph Kerres and Georg Diwok have joined Baker & McKenzie’s international partnership. The office will also have two local partners. Baker & McKenzie executive chairman […]

Multistupid car lark

It seemed like just another ordinary day when Neil Micklethwaite, head of DLA’s contentious group, pulled up at the office last week. But that wasn’t to last for long. After hopping out of his prize BMW convertible to call the car lift, he turned back to see the car slowly inching forward towards the door. […]

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