Another day, another Orrick merger proposal

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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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Hammonds advises on Christchurch purchase

Hammonds has advised private equity buy-and-build specialist Sovereign Capital on its acquisition of brain injury care specialist Christchurch Court. Sovereign Capital, which has been supported by Christchuch’s management in the takeover, was advised by Hammonds partner Jonathan Jones, who led a team that included senior associate Jayne Aarons, ­corporate associate Joy ­Irving and banking ­associate Andrew Fordham. […]

Huge rise in partnership actions ‘tip of the iceberg’

Government statistics that show that the number of partnership disputes reaching the High Court almost doubled in 2009 could reveal just a small proportion of the true figure. The Ministry of Justice’s (MoJ) ’Judicial and Court Statistics 2009’ report shows that the High Court heard 106 partnership dispute cases in 2009 compared with 54 a year earlier. […]

DMH develops London with corpfin figure

DMH Stallard has hired the former corporate finance chief of Hogan Lovells legacy firm Lovells in the latest step in its plan to expand in London. Chris Ashworth joins the firm as a consultant, and will help develop DMH’s corporate and M&A ­offering in the City. He is the ­latest in a string of high-profile arrivals at the Gatwick-headquartered […]

Herbies poised to reappoint managing partner

Herbert Smith managing partner David Willis looks set to stand unopposed for a second term. The deadline for nominations closes this week and, as of last Friday (24 September), no challengers had come forward. Sources at the firm say it is highly unlikely any rival candidates will throw their hats into the ring, making Willis’s […]

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Household names up in arms over class action transparency legislation

In-housers baffled and furious in equal measure by lawsuit show-and-tell rules. By Andrew Pugh In-house lawyers in some of the US’s biggest businesses are ­fighting plans that would force them to ­disclose potential losses from class action lawsuits. The proposals, which have been drawn up by the Financial Accounting Standards Board (FASB) and which would […]

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