Global business is increasingly familiar with the prospect of short-notice public investigatory attention, whether from regulators, law enforcement, political forces or as a consequence of sanctions, and this can – in in some cases – devastate individual and corporate reputation.
Despite the fact that the threat of an investigation alone can be enough to paralyse a business, early warning signs are often missed and businesses can mistake an investigation risk for a reputation risk. Those who handle serious issues well are able to triage the issue at an early stage and identify its potential impact, […]
Analysis of recent fines suggests that environmental prosecutions are resulting in more substantial fines, especially for ‘very large organisations’.
On September 22, 2021, the Quebec government adopted Bill 64, An Act to modernize legislative provisions as regards the protection of personal information, enacting significant changes to the requirements governing the use and protection of personal information under various statutes, including notably the Act respecting the protection of personal information in the private sector and the Act respecting Access to documents held by public bodies and the Protection of personal information.
The Data Protection Authority in Hungary (Nemzeti Adatvédelmi és Információszabadság Hatóság), recently published its annual report which included details of a fine of €670,000 (HUF 250,000,000) being imposed on a bank. To date, this fine is the highest imposed by the Hungarian Authority.
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Recent winners of The Lawyer’s top European prize have profited from exceptional circumstances, but the future looks a very different kind of exceptional
Crypto fraud jumped by a third last year, now the litigators await the fallout
The bottom of the UK200 is fading from existence
Falling revenues and net profits means the merger options are falling for smaller firms
Spain’s Pérez-Llorca has outpaced every other major firm in Europe since 2017
China’s legal market is maturing as the economy falters. 2023 will provide the ultimate litmus test.
Herbert Smith Freehills is set to defend Google and its parent company Alphabet in a £13.6bn opt-out class action filed today in the Competition Appeal Tribunal (CAT). The claim against Google is being brought on behalf of 130,000 businesses publishing around 1,750,000 websites and applications in the UK, all of which claim Google’s alleged anti-competitive […]
Iberian firm Cuatrecasas took home the top prize last night at The Lawyer’s European Awards, in a ceremony held at the Hilton Bankside Hotel, which celebrated the very best of the European legal market. The evening reserved special thought for Ukraine after Russia’s invasion of the country earlier this year. Special praise was reserved for […]
Clifford Chance’s former UK tax head has revealed he intends to make a formal complaint over letters he received while scrutinising the financial affairs of the ex-Chancellor of the Exchequer. In July, Neidle made headlines for a series of posts on the alleged tax arrangements of leading Conservative politicians, including Nadhim Zahawi. He claimed that […]
Ashurst has established a joint venture with Korean firm, HwaHyun. The deal means that Ashurst will be able to practise Korean law. HwaHyun comprises 17 partners, with total lawyer numbers reaching over 30. Ashurst’s global CEO Paul Jenkins said: “This is the first JV between a Korean firm and an international firm in South Korea, […]
As the global economic situation creates fertile ground for legal market consolidation, the former Polish arm of Weil Gotshal & Manges has announced a merger with a fellow Polish market leader to create an entity worth roughly £30m. Rymarz Zdort, which was created in 2019 after breaking away from the US firm, and Maruta Wachta […]
After a search spanning several years, Morrison Foerster has added a four-strong intellectual property litigation team in London. The US firm’s London office has hired a team led by Steven James from Brown Rudnick. James, who starts at MoFo’s offices in the Scalpel on Thursday, was head of the IP practice across Brown Rudnick’s UK […]
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