Ashurst PEP rockets 36 per cent to hit £956k

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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 […]

Recommended

Bar regulator kicks off code of conduct overhaul

The Bar Standards Board (BSB) is set to overhaul its code of conduct for barristers for the first time since it was published in 1981, setting aside three years for the project. The BSB has published a consultation paper for barristers to give their opinions on how to update the rules to take into account […]

DWS Turkish nous wins Cadbury Schweppes job

Denton Wilde Sapte (DWS) beat Slaughter and May to score its first mandate advising food and drink giant Cadbury Schweppes. DWS was approached by the company to advise on its $450m (£228.33m) acquisition of Turkish gum business Intergum, owned by the Amram family. DWS lead partner Philip Goodwin said: “This is the first time we’ve […]

Barristers get go-ahead to entertain clients

The Bar Standards Board (BSB) has decided against explicitly restricting the extent to which barristers can offer hospitality to solicitors and clients. Instead, the board is recommending a “blush test” to offer guidance as to how far barristers can go. The guidelines recommend that barristers should not offer entertainment that either party would feel embarrassed […]

Manzoor slams amendments to Legal Services Bill

The legal services ombudsman Zahida Manzoor has voiced concerns about the detail of the Legal Services Bill. Manzoor, in her annual report, urged the Government to ensure the reforms deliver what was intended for the consumer and the profession. The report states that Manzoor is particularly concerned that recent amendments made by the House of […]

MBRM, Davenport act on Entertainment buy

Mayer Brown Rowe & Maw (MBRM) and Davenport Lyons have scooped roles advising on Entertainment One’s acquisition of the Contender Entertainment Group. The deal is for a total consideration of £49.4m, payable by the issue of 7.4 million ordinary shares in Entertainment One and £42m in cash. MBRM is advising Entertainment One on the deal, […]

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