The Disputes Yearbook: Simmons’ Passmore on the flow on effects of Three Rivers

In June this year, the Hong Kong Court of Appeal held that the English Court of Appeal decision in Three Rivers (No.5) does not represent Hong Kong law. This is, of course, the 2003 English Court of Appeal decision well-known for the challenges it presents companies who wish consultations with their legal advisers to benefit from the protection of legal advice privilege.

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Freedom to operate: Bar Standards Board wants to relax barrister rules for corporate vehicles and agencies

The Bar Standards Board (BSB) is proposing to make it easier for barristers to work through agencies and corporate vehicles, and has launched a consultation on its reforms. 

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Austrian law student’s case against Facebook results in landmark ECJ decision to scrap safe harbour regime

An Austrian law student has won a legal challenge over the US safe harbour scheme, in a decision which will impact some 4,000 US companies which transferred personal information across the Atlantic.

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Gibson Dunn swoop for HSF capital markets duo boosts English law capability

Gibson, Dunn & Crutcher’s appointment of Herbert Smith Freehills’ (HSF’s) capital markets duo Steve Thierbach and Chris Haynes is an important step in building the firm’s English law transactional capability.

Thierbach, who was HSF’s global markets chief, is one of the City’s most established capital markets lawyers. His hire, along with corporate partner Haynes, comes as part of Gibson Dunn’s wider corporate play in London.

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Legal Services Act to be reviewed as Gove says regulators are in danger of ‘falling over each other’s feet’

In an appearance in front of the Justice Select Committee this morning [15 July], Lord Chancellor Michael Gove (pictured) has confirmed plans to review the Legal Services Act 2007 as he pitched what he would like to achieve as Justice Secretary.

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TTIP: Arbitration moves into the limelight

Tom Moore looks at the US-EU free trade pact’s potential for arbitration

The rise of international arbitration has gone unhindered and under the radar, despite the proliferation of investor-state disputes that has seen investors sue governments for changing tax regimes, introducing austerity measures and implementing plain packaging for cigarettes. But negotiations over the Transatlantic Trade and Investment Partnership (TTIP) – a free-trade deal between the EU and US that will cover half of world trade – has changed that, throwing attention on a shift away from national courts and raising the potential for a boom in arbitration.

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