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Latest Briefings

Navigating a new reality in the client-empowered era

To thrive in the new era of the empowered client, law firms must make investments designed to modernise the way they run their firms and service their clients. This requires changing culture, developing new competencies, and operationalising new ways of working. Innovative technologies are key enablers to accelerating rms’ transformations in these areas. New research […]

Procurement and state aid update: preparing for 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 […]

Data protection: 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 – CoA

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 […]

Recommended

Eversheds partner to expand Tite & Lewis

Ernst & Young’s law firm Tite & Lewis is branching out into private equity work and hiring a partner from Eversheds in London. `Iain Young has been heading Eversheds’ sports law group as well as focusing on private equity work.`He adds a new capability to Tite & Lewis in London, which will have 10 partners […]

Needham & James woos Manby & Steward partner

Multi-office Midlands firm Needham & James has tempted an M&A partner from Manby & Steward to head its corporate team as part of its attempt to get younger partners on board. `Colin Rodrigues will handle small and medium-sized enterprises and owner-managed businesses.`Needham & James senior partner John Hughes said: “We’ve a lot of good people […]

Harvard Law School

Harvard Law School is to pay off tuition loans for graduates who take public sector jobs. Harvard law students pay £26,000 a year for tuition fees, but if a graduate takes a job in government, a non-profit organisation or academia, the law school will meet their loan repayments.

A&O raises Hong Kong profile with £1bn Swire Pacific deal

The Hong Kong office of Allen & Overy (A&O) advised joint arrangers HSBC and Morgan Stanley Dean Witter on the establishment of a $1.5bn (£1.1bn) medium term note programme for Swire Pacific.`Although the firm is already a market leader in the medium term note programme, it is trying to develop its relationship with Hong Kong […]

Chepstow

Addleshaw Booth & Co has a longstanding relationship with Chester-based Barlows, the latest listed property company to take itself private. Barlows has been trading at 23 per cent discount to net asset value.`Corporate finance partner Richard Lee was instructed by a consortium including Richard Fildes, the chairman and managing director of Barlows, and fellow executive […]

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