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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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Figure Stating

Instead of viewing LLP audit requirements as a cost burden, the thorough going over of one’s accounts can bring great peace of mind. By Jeremy Black

Akerman launches NY office and boosts DC

Florida-based law firm Akerman Senterfitt is to launch in New York next Monday (21 November) at the same time as it expands its Washington DC presence. The firm, which ranked 119 in The AmLaw 200, with 400 lawyers and a gross revenue of $166.5m (£95.8m) for 2004-05, plans to officially open in Manhattan with a team of around […]

Peter Lawson: Motorola

Motorola has emerged from its troubles in 2000 leaner and meaner thanks to global general counsel Peter Lawson’s tough stance on external legal costs. By David Middleton

Appeal Court victory ends Manches’ £40m liability

Manches has won a Court of Appeal case that releases it from liability for a £40m arbitration claim. Mrs Justice Gloster ruled in January that Manches, Sprecher Grier Halberstam and Portner & Jaskel were in breach of limited warranty of authority through their representation (at different times) of an AMB Generali Holding predecessor company. But […]

Linklaters advises TDR Capital on PizzaExpress LSE offering

Linklatersis celebrating its first successful instruction from TDR Capital after advising the private equity house on the IPO of restaurant group PizzaExpress. Meanwhile, Herbert Smith has secured a secondary role on the deal, having been the main adviser to PizzaExpress since the company bought pizza restaurant chain Ask Central last year. The acquisition was Herbert Smith’s first instruction […]

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