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    The SFO and KBR: UK Supreme Court limits extraterritorial effect of SFO powers
    2021-02-16

    Introduction

    In R (on the application of KBR, Inc) (Appellant) v Director of the Serious Fraud Office (Respondent) [2021] UKSC 21 the Supreme Court held that the Serious Fraud Office ("SFO") may not compel a foreign company to produce documents held overseas under section 2(3) of the Criminal Justice Act 1987 ("CJA 1987").

    Filed under:
    European Union, United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, White Collar Crime, Stephenson Harwood LLP, Bribery, Serious Fraud Office (UK)
    Authors:
    Tony Woodcock , Alex Plant
    Location:
    European Union, United Kingdom
    Firm:
    Stephenson Harwood LLP
    cee legislation tracker: hungary
    2021-02-17

    Status as of 17/02

    Table of Content

    • 1 Financial Support Measures
    • 2 Capital Markets
    • 3 Employment
    • 4 Real Estate & Construction
    • 5 Tax & Duties
    • 6 Corporate, M&A
    • 7 EU & Competition
    • 8 Courts and Authorities
    • 9 Healthcare
    • 10 Insolvency & Restructuring
    • 11 Insurance
    • 12 Intellectual Property
    • 13 Telecom & Data Protection
    • 14 Other

    1 Financial Support Measures

    Filed under:
    European Union, Hungary, Capital Markets, Corporate Finance/M&A, Employment & Labor, Healthcare & Life Sciences, Insolvency & Restructuring, Insurance, IT & Data Protection, Public, Real Estate, Tax, Telecoms, Schoenherr, Private equity, Telemedicine, Coronavirus
    Authors:
    Alexandra Bognár
    Location:
    European Union, Hungary
    Firm:
    Schoenherr
    Vernehmlassungseingabe zum Entwurf der Verordnung zur Anpassung des Bundesrechts an Entwicklungen der Technik verteilter elektronischer Register
    2021-02-12

    Wir beziehen uns auf das Schreiben vom 19. Oktober 2020 betreffend die Eröffnung der Vernehmlassung zum Entwurf der Verordnung zur Anpassung des Bundesrechts an Entwicklungen der Technik verteilter elektronischer Register und bedanken uns bestens für die Gelegenheit zur Stellungna

    Wir beziehen uns auf das Schreiben vom 19. Oktober 2020 betreffend die Erffnung der Vernehmlassung zum Entwurf der Verordnung zur Anpassung des Bundesrechts an Entwicklungen der Technik verteilter elektronischer Register und bedanken uns bestens fr die Gelegenheit zur Stellungnahme.

    Filed under:
    European Union, Switzerland, Banking, Company & Commercial, Insolvency & Restructuring, IT & Data Protection, MLL Legal Ltd
    Location:
    European Union, Switzerland
    Firm:
    MLL Legal Ltd
    SFO’s International Investigatory Powers Curbed in Supreme Court Ruling
    2021-02-12

    Landmark decision holds that the SFO does not have the power to procure documents from foreign companies outside the jurisdiction.

    Filed under:
    European Union, United Kingdom, Insolvency & Restructuring, Litigation, Public, White Collar Crime, Latham & Watkins LLP, Bribery, Brexit, Serious Fraud Office (UK)
    Authors:
    Stuart Alford KC
    Location:
    European Union, United Kingdom
    Firm:
    Latham & Watkins LLP
    Impact of COVID-19 on Insolvency Laws: How Countries Are Revamping: Their Insolvency and Restructuring Laws to Combat COVID-19: 8 February 2021
    2021-02-12

    The Australian government has taken swift action to enact new legislation that significantly changes the insolvency laws relevant to all business as a result of the ongoing developments related to COVID-19.

    Filed under:
    European Union, Global, United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Squire Patton Boggs, Coronavirus
    Location:
    European Union, Global, United Kingdom
    Firm:
    Squire Patton Boggs
    Marine and international trade bulletin - February 2021
    2021-02-12

    In this issue:

    Filed under:
    European Union, United Kingdom, Arbitration & ADR, Insolvency & Restructuring, Litigation, Shipping & Transport, Trade & Customs, Stephenson Harwood LLP
    Authors:
    Joanne Champkins
    Location:
    European Union, United Kingdom
    Firm:
    Stephenson Harwood LLP
    Who is the noteholder and who is the creditor
    2021-02-10

    Introduction

    Towards the end of 2020, while businesses were reeling from the challenges of grappling with a global pandemic, the end of the Brexit transition period and LIBOR transition, the Law Commission published a paper analysing the current law underlying intermediated securities - Intermediated securities: who owns your shares? A Scoping Paper.

    Filed under:
    European Union, France, United Kingdom, Company & Commercial, Insolvency & Restructuring, Public, Stephenson Harwood LLP, Brexit, Libor
    Authors:
    Charlotte Drake , Jayesh Patel , Jonathan Proctor , Jeremy Grant
    Location:
    European Union, France, United Kingdom
    Firm:
    Stephenson Harwood LLP
    Insurance and Reinsurance Disputes Annual Review 2020
    2021-02-11

    INSURANCE AND REINSURANCE DISPUTES

    2020 REVIEW

    The contents of this publication are for reference purposes only. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action based on this publication.

    INSURANCE AND REINSURANCE DISPUTES 2020 REVIEW

    Contents

    Preface

    Filed under:
    European Union, United Kingdom, Aviation, Company & Commercial, Competition & Antitrust, Employment & Labor, Environment & Climate Change, Healthcare & Life Sciences, Insolvency & Restructuring, Insurance, IT & Data Protection, Litigation, Real Estate, Herbert Smith Freehills LLP, Brexit, Employee Retirement Income Security Act 1974 (USA), Money laundering, Mediation, Due diligence, Force majeure, Personal data, Cybersecurity, Coronavirus, Financial Conduct Authority (UK), European Commission, Barclays, HM Revenue and Customs (UK), CJEU, Serious Fraud Office (UK), European Medicines Agency, House of Lords, European Free Trade Association, GDPR, Solvency II Directive (2009/138/EU), Court of Justice of the European Union, Employment Appeal Tribunal, Technology and Construction Court
    Location:
    European Union, United Kingdom
    Firm:
    Herbert Smith Freehills LLP
    Aufatmen bei Unternehmensleitern und Insolvenzverwaltern: Bundesgerichtshof bestätigt D&O-Deckung bei Insolvenzverschleppung
    2021-02-10

    Der Bundesgerichtshof (BGH) hat mit Urteil vom 18. November 2020 (IV ZR 217/19) entschieden, dass Ansprüche gegen GmbH-Geschäftsführer auf Ersatz von Zahlungen, die nach Insolvenzreife vorgenommen wurden, vom Versicherungsschutz der D&O-Versicherung umfasst sind. Mehrere Oberlandesgerichte hatten dies zuletzt noch anders beurteilt. In der Praxis hatte dies zu einer erheblichen Unsicherheit geführt, nicht zuletzt mit Blick auf die infolge der COVID-19-Pandemie vorübergehend geänderten Insolvenzantragspflichten.

    Hintergrund der Entscheidung

    Filed under:
    European Union, Germany, Company & Commercial, Insolvency & Restructuring, Litigation, Latham & Watkins LLP
    Authors:
    Frank Grell , Stefan Patzer , Dr. Marco Grotenrath
    Location:
    European Union, Germany
    Firm:
    Latham & Watkins LLP
    Effect on Brexit on Part 26A Arrangements and Reconstructions
    2021-02-09

    To download and read this piece as a pdf, please click here.

    Filed under:
    European Union, United Kingdom, Insolvency & Restructuring, Litigation, Public, Wilberforce Chambers, Brexit
    Authors:
    Daniel Lewis
    Location:
    European Union, United Kingdom
    Firm:
    Wilberforce Chambers

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