Analysis

billable hours

The speed read: what you need to know about the market this week

When Wayne Rooney landed at Manchester United in 2004, the story went that it wasn’t because Sir Alex Ferguson needed another striker, but because Newcastle had put in a bid for the young Evertonian and he couldn’t countenance seeing such an exciting talent anywhere else. That brings us to this week’s news that former SFO […]

Opinion

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 […]

Relevant loans – HMRC Update

By Aidan Grant HMRC has updated its guidance regarding relevant loans, which may have a significant impact on the wider use of debt financing in offshore estate planning. The industry was just coming to terms with the idea that, where money is made available under a loan for the purpose of (generally speaking) purchasing a UK residential […]

Premium pricing does not signify dominant position

By Manas Kumar Chaudhuri, Ebaad Nawaz Khan The Competition Commission of India (CCI) on 9 July 2018 closed a case involving allegations of abuse of dominant position against Merlin Developers, Merlin Projects Limited (Merlin Developers and Merlin Projects Limited have been collectively referred to as Merlin), Merlin group companies and their office bearers (In Re: Cambridge […]

NCLT widens approval of schemes under Provisions of the Companies Act 2013

By Mehul Shah, Sanket Shah, Aman Yagnik The Chennai Bench of the National Company Law Tribunal (NCLT) has recently approved the merger of a Limited Liability Partnership (LLP) with a private limited company (Scheme). This newsflash analyses key aspects of the NCLT order permitting the aforesaid merger. Background Under a joint company petition filed before the […]

Video: The evolution of project management in litigation

By Michael Quartararo, Jason Reid From beginning to end, litigation is time consuming, complicated and costly. More and more clients are demanding increased transparency and efficiency from their external counsel. So how do you deliver? Project management tools can improve results and strengthen client relationships. Watch our webinar as we discuss: – The rise of project management […]

Nucleus Research benefit report – Addleshaw Goddard

Addleshaw Goddard uses the HighQ platform to improve productivity, security and add value to its client services. After deploying HighQ AG saw improvements in efficiency, risk management, client engagement and brand visibility across all areas of the company. Clients of Addleshaw Goddard also benefit from a contract management solution the firm developed with the HighQ […]

Starting Point Employment Law Guide – Jersey Update – September 2018

By Siobhan Riley, Huw Thomas, Tarina Le Boutillier Whilst in the UK changes to employment legislation generally happen in April, major changes to Jersey employment law have in recent years occurred in September. September 2018 is no exception and will arguably be the busiest September for Jersey HR professionals for some years. There is a raft of changes […]

Video: How to health check the anatomy of your legal matters

By Rob MacAdam With clients expecting more efficiency, transparency and value from their lawyers, it’s time for law firms to re-engineer their legal service delivery into real competitive advantage. In this video, Rob MacAdam, Director of Legal Solutions, identifies six elements that make up the anatomy of a legal matter, and discusses what improvements can be […]

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