WFW opts for piecemeal growth

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Latest Briefings

Overseas companies and UK property – all change in 2021

By Maria Connolly At the end of July, the Draft Registration of Overseas Entities Bill was published. The intention is that, from 2021, overseas entities wanting  to deal in certain UK property will have to register in the overseas entities register (OER). Why will overseas entities have to register?

Hackitt review: Response suggests further extension of the regime

By Adrian Mansbridge As outlined in our previous articles covering what lies ahead for high rise regulation and the proposed ban on flammable cladding the legislative programme to implement the recommendations of the Hackitt review and to address broader concerns is already underway. However, as anticipated, political concerns have already led to these proposals being “beefed up”…

Use of behavioural biometrics brings privacy issues under GDPR

By Alex Towers With cybertheft and data breaches becoming an increasingly common occurrence, the need to rapidly and accurately identify fraud has driven the development of behavioural biometrics as a means to target automated attacks and suspicious transactions. However, for the technology to function, companies must amass libraries of biometric personal data to construct profiles…

Supreme Court rules a ‘right to litigate’ cannot be assigned to a third party

By Rebecca MacCann What happens if you assign your right to litigate to a person or company that is unconnected to the event that creates the right to litigate? In the recent Supreme Court case of SPV Osus Ltd v­ HSBC Institutional Trust Services (Ireland) Limited & Ors [2018] IESC 44, the Supreme Court held […]

Portugal: Fund management 2018

By Pedro Simões Coelho, Ricardo Seabra Moura and Carlos Filipe Couto How is fund management regulated in your jurisdiction? Which authorities have primary responsibility for regulating funds, fund managers and those marketing funds?

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Rolling news

Regular visitors to ­Tulkinghorn’s page will recall that a few weeks ago he reported the plight of Thomas Eggar ­managing partner Tony Edwards, or “fat lawyer on a hike” as he has labelled himself. Edwards had a plan to walk from the South Downs to Lewes and then to Brighton in 24 hours to raise […]

New tactics

As home to many offshore funds, Guernsey has amended companies law to take account of the troubled economic times. Mark Helyar reports Current market conditions are driving numerous offshore reconstructions, mergers and liquidations of investment funds, portfolios and structured finance products. Declining investment returns and the refocus of some listed investment funds has also led […]

Clydes switches to merit-based pay

Clyde & Co has shaken up its pure lockstep to a three-gated remuneration ­structure based on merit. The ;firm’s ;previous ­system began with 46 ­profit-sharing units and ended with 100, supplemented by a 5 per cent performance-related element. The new system, however, sees ­partners move through gates every three years, reaching plateau within 10 years. […]

Shearman appoints Euro finance head

Shearman & Sterling has appointed structured and ­leveraged finance partner Clifford Atkins to head the firm’s European finance group, taking over from Anthony Ward. Ward will step down from 1 August to focus on his posts as London managing partner and member of the global policy committee.

Barristers flag up fees dilemma

Criminal defence set 25 Bedford Row has warned that the payment system for publicly funded ‘one case, one fee’ (Ocof) work is ­putting too much power in the hands of solicitors. Chambers administrator Jacky Chase told The Lawyer that the scheme results in the fees going to the first advocate in the proceedings, with that […]

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