Ashurst appointed in Land of Leather administration

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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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Eadie steps into Sales’ hooves as Treasury Devil

Blackstone Chambers silk James Eadie QC has been appointed First Treasury Counsel and will lead for the Government in all major litigation. Eadie has become the first-ever ;silk ;to ;be ­appointed First Treasury Counsel – a position usually given to junior barristers. He will take over from Philip Sales QC of 11KBW. Sales took silk […]

Romania Special Report: Late expectations

After 10 years of economic growth, international firms have finally started to flock to Romania. But with the global downturn beginning to have an effect, have they arrived too late? Romania has certainly made its fair share of headlines in the international legal press over the past 12 months. In the period before and after […]

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K&L Gates opens in Frankfurt with Simmons hires

K&L Gates has opened a new German office in Frankfurt with the hire of two Simmons & Simmons partners. The office will focus on corporate, M&A and finance, and will be led by Simmons partners Mathias Schulze Steinen and Frank Thomas. The Frankfurt office is K&L Gates’ second office in Germany, following the firm’s opening […]

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Trouble at t’ bank?

I have had a lot of calls over the last few months from Managing Partners and Finance Directors of law firms asking for a second opinion as to whether the renewal terms offered by their bank are reasonable. These conversations invariably contain expressions such as “usury”, “daylight robbery”, “kicking a man while he is down” […]

Opinion: a civil approach to insider dealing could reap dividends

Tony Woodcock, commercial litigation partner, Stephenson Harwood The rarity of successful criminal insider dealing prosecutions has resulted in some criticism of the Financial Services ­Authority (FSA) for its handling of the case of Richard Ralph. Ralph had ­confessed to the FSA that he had bought shares in a company of which he was the chairman […]

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