Westminster stops phone box cards in sleaze war

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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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US recruit to add clout to Freshfields

City firm Freshfields has recruited senior US lawyer Kent Rowey to its international project finance unit in London in response to growing competition from rivals. US and UK firms have increasingly seen marketing in-house American and British legal expertise as a way of attracting clients. Freshfields partner Simon Hall said: “Having both a British and […]

Applause for a modest man

In his review of the important decision of the Court of Appeal in Chequepoint v McClelland (The Lawyer 9 July “Litigator’s View”) Paul Lomas modestly did not note that this significant case was undertaken pro bono for the new Bar Pro Bono Unit by him and his firm, Freshfields, and David Vaughan QC. Their generosity […]

Euro money must be taken as legal tender

Norton Rose City lawyer Charles Proctor has warned that creditors will have no legal right to reject payment made with the Euro, the new European single currency due to be introduced at the end of the decade. Speaking at a conference in Cambridge, Proctor said that a creditor will have no valid claim for breach […]

Mallesons cuts costs with NY and Taiwan office closures

Australian international firm Mallesons Stephen Jaques has closed its Taiwan and New York offices to cut back on costs. But Mallesons’ London partner Greg Hammond emphasised that its London office was staying open. “We have just reviewed all our overseas operations and the decision was taken to close the New York and Taiwan office but […]

Financings

Nabarro Nathanson acted for Stat Plus on its off-market tender to buy back 15 per cent of its ordinary share capital for £8 million.

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