Alliance-Boots opens books for KKR and CC

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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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Trowers boosts Binladin Group ties with Saudi civil aviation first

Trowers & Hamlins is advising construction giant the Saudi Binladin Group on a $300m (£153.37m) deal to rebuild Saudi Arabia’s Hajj Terminal Complex, the air passenger terminal built for religious pilgrims. The deal is the first civil aviation PPP in Saudi Arabia and will prepare King Abdul Aziz International Airport in Jeddah for a projected […]

Ince London enjoys boost from latest promotions

Ince & Co‘s London office has picked up six of the seven firmwide partnership promotions following a barren round this time last year. The six City senior associates – the seventh being in Shanghai – will by made up on 1 May, which will result in the partnership’s size increasing to 78. Three of the […]

Reid Minty set for Ukraine opening

London-based Reid Minty has announced the launch of a new office in the Ukrainian capital Kiev. The firm, which employs Russian, Ukrainian and Armenian-speaking solicitors, made the move as part of its strategic plan to increase the scope of its services in this area. The launch of the overseas marketing arm in Kiev, which will […]

London’s smaller firms fall behind the regions

Partners at small law firms in London and the South East are being outperformed by those in the Eastern, East Midlands and Yorkshire and North East regions, a new Law Society survey has found. The annual Financial Benchmarking Survey, conducted by the Law Management Section (LMS) of the Society, found that for firms with 30 […]

ABN Amro goes double Dutch

Ostensibly there were no massive surprises concerning the line-up for the exploratory talks that might create an £80bn merger between Barclays and ABN Amro. As revealed on www.thelawyer.com last week, Barclays turned to go-to advisers Clifford Chance and Sullivan & Cromwell. The firm is reportedly looking after the Dutch law aspects itself. That’s not the […]

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