A&O and Morgan Lewis lead as Russia’s Rosneft signs Arctic gas deal

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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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Merger she vote

There’s been no summer lull at SNR Denton and Salans. The two firms are sizing each other up ahead of a September merger vote. The pair have been talking since the end of 2011; The Lawyer first reported news of the talks in February. If the two firms do decide to tie the knot, it […]

Good afternoon, Madam…

Screw team-building days and schmoozing trips, the next decade of the legal market is going to look like an episode of British comedy Fonejacker. Not dissimilar to the TV programme, which stars a prank caller who phones unsuspecting companies pretending to be different characters, Hampshire-based law firm Coffin Mew has hired a ‘secret shopping’ service […]

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SNR Denton and Salans prepare for September merger vote

Salans and SNR Denton have reached the advanced stages of negotiating a £760m merger, with the two partnerships gearing up to approve the deal in a vote next month. Management figures at the firms are planning to put the proposals to partners for a September poll, over six months after the European and US duo […]

Parabis-Duke Street on the ABS express

Like London buses, you wait ages for one major ABS approval and then two come along at once. That said, neither Irwin Mitchellnor Parabis have been stuck on the hard shoulder during the process. With turnover rises and structural tweaks clearing the road for a smooth journey into the future of legal services, both firms […]

Ex-A&O partner rearrested on child pornography charges

Former Allen & Overy (A&O) partner Edward De Sear has been arrested for a second time on child pornography offences. De Sear, who worked in A&O’s capital markets group in New York, was arrested on Thursday 23 August and indicted on additional charges of collecting and distributing images of child pornography, according to reports on […]

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