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Please find below November's corporate insights from our business law experts. Just click on the relevant news item and read online. From there you can also browse any of our other blogs covering the full range of our practice areas.

GDPR: why relying on an employee consenting to your processing their personal data is risky

Joanne Kavanagh, Partner

In order to comply with the new GDPR requirements, employers will have to audit the employee personal data they are processing and the legal basis for doing so. Traditionally, where consent has been obtained to such processing, it has often been in reliance on a standard clause written in ‘legalese’ in a contract of employment that employees are required to sign. The wording is rarely questioned or discussed. Sound familiar? From 25 May 2018, it is very likely indeed that this practice will be unlawful...
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When is your shareholder not your shareholder...?

Peter Savage, Partner

We have previously (in September 2016’s Corporate Insight’s blog) explained the regulations requiring disclosure of a company’s persons of significant control (also known as PSCs) and the extension of the regime (in June this year). The compliance with these regulations was put into context by the ‘Paradise Papers’ and the BBC Panorama investigation into who really controls Everton Football Club...
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Discretionary trust: Friend or Faux?

Kellie Williams-Jauvel, Partner

A recent case last month clarified some of the principles that the Courts will use to establish whether or not a trust is merely a sham arrangement. In JSC v Pugachev 2017 (case name abridged), Mr Sergei Pugachev, a former oligarch and the owner of the largest private bank in Russia was sued by the Russian state authority and, now insolvent, bank, who obtained judgment in Russia as a result of Mr Pugachev helping himself to c.£1bn of the bank’s cash...
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If you would like to take a look at our other blog posts please click here

Morrisons Solciitors LLP
www.morrlaw.com
01737 854 500

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