11 KBW set to expand following turnover hike

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Latest Briefings

Future of public procurement in UK in the event of ‘no-deal’ Brexit

By David Kilduff, Richard Auton or Richard Butterworth On 13 September 2018, the UK government published further guidance on the future of public procurement in the UK in the event of a “no deal” Brexit. What next for UK public procurement? Under current rules, all procurement opportunities that fall within the scope of the EU procurement […]

Third party redevelopment – Landlord may oppose tenant’s lease renewal

By Matthew Lonergan, Lucy Shepherd A recent case has confirmed that a landlord was entitled to oppose its tenant’s lease renewal under the Landlord and Tenant Act 1954 where redevelopment of the site was to be undertaken by a third party. Background The case of Santander UK PLC v LPS Estates Ltd concerned the security of […]

Sunset of £500K, dawn of GDPR enforcement and horizon of Brexit

By JP Buckley In just a short space of time, the ever-evolving world of data protection and cyber has seen yet more change: 1. Potentially one of the last enforcement actions under the Data Protection Act 1998 against Equifax – and a maximum £500,000 fine for them for failing to secure UK citizens’ personal data against […]

Officer of judgment debtor can be committed for failure to provide information under CPR 71 – Court of Appeal

Deutsche Bank AG v Mr Alexander Vik [2018] EWCA Civ 2011 This judgment is the latest instalment in the long-running litigation between Deutsche Bank (“DB”) and the Monaco-based billionaire, Alexander Vik. In 2008, Mr Vik’s personal investment vehicle, Sebastian Holdings, Inc. (“SHI”), incurred huge debts to DB after it made a series of heavily loss […]

BVI to implement changes to rules governing SPCs registered under BCA

By Michael Killourhy The British Virgin Islands (BVI) will shortly implement some important changes to the rules governing segregated portfolio companies (SPCs) incorporated or registered under the BVI Business Companies Act, 2004 (BCA). These changes, introduced by the BVI Business Companies (Amendment) Act, 2018 (the 2018 BCA Amendment Act) will come into force on 1 October […]

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Cadwalader NY capital markets team sheds lawyer to Links

Cadwalader Wickersham & Taft has lost another lawyer from its New York capital markets practice following the departure of a two partner team to Orrick Herrington & Sutcliffe last month. Former associate Stan Renas joins Linklaters as a partner in its US structured finance and derivatives practice in New York. He is the fourth partner […]

Spanish independents repel Anglo-Saxon competition with record year

London’s magic circle has profited from a buoyant legal market in Spain, but is still a long way from challenging Madrid’s local elite. This year Garrigues strengthened its position as Spain’s largest law firm, growing 10 per cent to record revenues of €193m for the year. Clifford Chance was the UK’s top representative in Spain. […]

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Global ANZ review extends panel from nine to 32

Baker & McKenzie and DLA ally Philips Fox have scooped places on the global legal panel of Australian banking giant ANZ along with Australia’s big six. ANZ conducted a wholesale review, expanding its roster of external counsel from nine firms to 32. The new panel includes all of the big six Australian firms: Allens Arthur […]

Sharpes, Pinsents land £850m waste PFI

Sharpe Pritchard and Pinsent Masons advised on Nottinghamshire County Council’s £850m waste PFI project, won by Veolia Environmental Services. The project is the first waste PFI project to be closed under the Treasury’s SoPC3 guidance. It includes the provision of services across a network of sites and will be delivered through a 26-year contract. Sharpe […]

EU court reverses Sony/BMG merger clearance

In an unprecedented move the Court of First Instance has overturned the European Commission’s decision to clear the merger between Bertelsmann Music Group (BMG) and Sony Music. The surprise decision, which was announced this morning (13 July), is the first time a merger clearance by the Commission has been reversed by the Court of First […]

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