A swinging affair over there

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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 […]

Recommended

Moving in on new territory

Patrick Stewart examines the battle raging between UK and US lawyers to establish ascendancy in Eastern Europe Answering Eastern Europe’s desperate call for help to rebuild viable legal systems from the rubble of communism, US law firms have grabbed the initiative from other international firms by swiftly moving to set up offices in the region. […]

In brief: Top BCCI lawyer heads to Biddle & Co

BCCI lawyer Chris Mallon is moving from Lovell White Durrant to become a partner at Biddle & Co. Mallon, an assistant at Lovells, was a core member of the team working on the BCCI liquidation responsible for overseeing the creditors’ meeting at Wembley Arena, and the English court hearings for approval of the Abu Dhabi […]

Flotations

Pinsent Curtis advised Winchester Multimedia on its flotation onto the Alternative Investment Market – thought to be the first to raise funds on AIM. Martineau Johnson advised Winchester’s stockbrokers

What's top of the agenda?

This year’s ABA boasts a year of firsts with plenty of official and unofficial debates. Anne Gallagher anticipates the topics As the ABA annual meeting draws near, the association can boast of a new era. A woman president is poised to take the helm in August for the first time in the association’s 117-year history, […]

Ex-tenant sued for £7,000

A HEAD of chambers is suing a former tenant for failing to pay more than £7,000 to the set before he left. In a writ issued at the High Court, Martin Thomas QC, head of chambers at 1 Dr Johnson’s Buildings, claims Ashitey Ollennu owes £7,866. Ollennu, who now practises at Wilfred Forster-Jones’ 1 Middle […]

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