Badhams takes on Berrymans' PI partner

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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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CMS property partner quits

CMS Cameron McKenna has lost its sixth property partner in two years David Saunders, a senior player in the Camerons property department, who is responsible for clients such as John Laing and developer St George, is moving to Olswang.Saunders is in the middle of a deal for St George on the Imperial Wharf scheme and […]

Deals summary

Herbert Smith (Michael Walter, Philip Talboys) advised KPMG on the e657m (£424.2m) sale of its UK consulting business to Atos Origin of France. Sullivan & Cromwell also advised KPMG. Atos Origin was advised by Cleary Gottlieb Steen & Hamilton (Paris partner Jean-Michel Tron). Pinsent Curtis Biddle (Scott Barraclough) advised financial services group Provident Financial on […]

Milbank scoops finance deal for Huntstown Power

US law firm Milbank Tweed Hadley & McCloy has just closed a e220m (£142m) financing deal for the Huntstown Power Project, having snatched the work away from parent company Viridian’s normal corporate adviser CMS Cameron McKenna.The Huntstown Power Company (HPC) is a subsidiary of Viridian Group, Northern Ireland’s largest public company, and was established solely […]

Palestinian law pleases the EU

The European Union has welcomed the confirmation by Palestinian president Yasser Arafat of a law guaranteeing the independence of his nascent state’s judiciary Brussels called for a reconstituted Palestinian authority to be more democratic and transparent than the government. Brussels has been imposing conditions on the Arafat administration for the resumption of full-scale EU aid, […]

Theodore Goddard partner defects to Jones Day

Jones Day Reavis & Pogue has hired Theodore Goddard partner Janene Waudby to boost its London corporate finance practice Waudby, who starts at the firm today (10 June), will be the sixth partner to join the corporate group in London. Jones Day now has 52 lawyers in its UK office. The defection is bad news […]

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