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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

Group members reject 'party' tag

FOUR members of Law Society president Martin Mears’ new reform group have moved to downplay the extent of its cohesiveness. In a joint letter in this week’s issue of The Lawyer, council members Angela Deacon, David Keating, David Savage and John Pickup insist the President’s Reform Group (PRG) is not a party or faction within […]

Australian firm signs A&O's Walls

AUSTRALIAN practice Allens Arthur Robinson has appointed Allen & Overy lawyer Duncan Walls to head its London office. He will replace the current managing partner Jim Dunstan, who has run the London office for the past three years. Dunstan is returning to Sydney in March to run the banking department of Allen Allen & Hemsley, […]

Law Society condemns divorce White Paper as 'cumbersome and unfair'

THE LAW Society has fired off a damning response to the Government’s White Paper on divorce reform, saying it will lead to a “fragmented, unfair, unworkable and expensive system” of law. And it has called for a comprehensive pilot project to be carried out before legislation is passed to ensure planned changes are viable. The […]

Penningtons forges links in former Soviet state

CITY and Home Counties firm Penningtons is acting for the European Bank for Reconstruction and Development on a proposed loan to a major Belarussian company. A team from the company and commercial department headed by partner Roger Duncan is advising on ownership and security of assets and will regularly be visiting factories in the capital […]

Lawyer seminar

Steve Warshal The Lawyer is running a seminar, Financial services, an expanding niche market for solicitors, in London on 28 September. It looks at how solicitors can expand their financial services business to build a profit centre; how to comply with new legislation and regulations and how to keep up with new data and product […]

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