Addleshaws snares Ashurst competition partner

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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 […]

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Grapevine

CC fancies its chances with clients’ private equity assets Clifford Chance is truly the home of the wizard wheeze. Take its idea of setting up a fund of funds to participate in its private equity clients’ investments. Given Clifford Chance’s market-leading reputation in both fund creation and deal execution, it is a logical step – […]

Ex-Nörr partners launch finance boutique

Two former Nörr Stiefenhofer Lutz partners have set up a finance boutique in Germany in bid to offer a more “personalised” service to clients. Founding partners Hans-Guenther Nordhues and Rainer Eichholz have established Frankfurt-based Nordhues & Cie, which opened on 1 April, and will specialise in offering advice on international capital markets financing. The firm […]

Iraqi Bar Association strives to evade political crossfire

Sabah Bayati came to London last month with two aims. The treasurer of the Iraqi Bar Association was on a fact-finding mission to look at how the legal process works in the UK, but more importantly he wants to bring the plight of Iraq and its lawyers to the attention of the international community. The […]

Hammonds brings in new blood for Berlin

Hammonds has bolstered its German offering with the hire of a new corporate partner in Berlin. Jost Arnsperger joins the firm from his role as general counsel of German train manufacturer Bombardier Transportation. He is the third partner Hammonds has hired since instituting a global lock-in of equity partners in May 2005. Arnsperger becomes Hammonds’ […]

A&O and McDermott secure Tyco restructure mandates

Allen & Overy (A&O) and McDermott Will & Emery have won a five-firm beauty parade to advise Tyco on its groundbreaking multibillion-dollar three-way split. The firms replace Skadden Arps Meagher & Flom, which advised Tyco on the preparatory work for the restructuring. A&O is international counsel and McDermott is acting as US counsel (with Gibson […]

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