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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 […]

Recommended

Camerons’ workforce reaps bonus benefits

CMS Cameron McKenna has handed all employees, from partners to mailroom staff, a 6.05 per cent bonus on their annual salary. The firm last month announced a preliminary profit figure of £63.4m, up 25 per cent, to go with an 11 per cent rise in turnover to £180.3m. Camerons managing partner Dick Tyler said: “We […]

Bonelli’s revenue tops e100m

Slaughter and May ‘s best friend in Italy Bonelli Erede Pappalardo became the first Italian firm to break through the €100m (£68.57m) mark this month, posting a record revenue of €101m (£69.25m). The figure represents 17.4 per cent increase on last year’s total of €86m (£58.7m). Bonelli’s strong name for corporate work has helped drive […]

Buchanan Ingersoll and Klett Rooney join forces

Pittsburgh-based Buchanan Ingersoll and Klett Rooney Lieber & Schorling have merged to form the Pennsylvania’s largest law firm, with more than 525 lawyers. The new firm, Buchanan Ingersoll & Rooney, will have an estimated combined turnover of $265m (£143.71m). Buchanan chief executive Tom VanKirk will lead the new firm for at least the next three […]

White-collar crime

White-collar crime has never been such a big issue. The recent establishment of the Serious Organised Crime Agency (Soca) – sometimes described as the UK’s answer to the FBI – means that the authorities have a powerful new weapon to target white-collar criminals and the profits made through organised crime. But can Soca succeed? The […]

Ntl appoints Fried Frank primary adviser

Fried Frank Harris Shriver & Jacobson has been appointed as the primary legal adviser to telecoms group ntl following a major review of its legal function after its merger with Telewest. The decision is a blow to Travers Smith, which has been ntl’s longstanding UK counsel. However, the company will continue to work with Travers, […]

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