Ashurst Morris Crisp (Mark Vickers) advised ING Bank

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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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Cadwalader dumps summer spongers

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Deal of the week – Tempo group

SJ Berwin drives Tempo administration for PwC SJ Berwin is advising PricewaterhouseCoopers (PwC) on its petition for the administration of the Tempo Group.Tempo’s relationship with SJ Berwin stretches back 15 months to when the company approached the firm and asked it to advise on its debt restructuring. Tempo said it could not carry its debt […]

Condé Nast guided by Manches in acquisition

Manches is helping Condé Nast Publications acquire six titles from the Daily Mail & General Trust.Johansens Guides, which offers global hotel and leisure recommendations, will be known as Condé Nast Johansens from 2003.It will become part of the international group Advance Magazine Publishing, which also owns Vogue, Tatler, GQ and The New Yorker.Matthew Martin, Manches […]

Weil Gotshal wins Birds' ex head of e-commerce

Weil Gotshal & Manges has recruited Bird & Bird’s former head of e-commerce, Graham Defries. The Lawyer revealed last week that Defries had resigned from the Bird & Bird partnership. Currently on gardening leave, Defries is keen to start as soon as consensus can be reached between the two firms.He said: “I had decided that […]

A&O pursues get-out for WPP in Tempus takeover

Allen & Overy (A&O) appeared last week to be trying to find a last-ditch get-out clause for its client, advertising firm WPP, to extricate it from the takeover of Tempus. WPP had offered Tempus shareholders 555p for every share held in the media buying agency and about 94 per cent of shares were in the […]

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