Banking Act under siege on Isle of Man

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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 […]

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Ex-Brobeck partner to join Torys New York office

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Capital gains

With a slew of acquisitions and stakes in other stations, Natalie Schwarz joined Capital Radio at a challenging time. Emma Vere-Jones tunes in Nathalie Schwarz’s job title is something of a mouthful. As director of strategy and development, company secretary and director of legal services at Capital Radio, it is a good thing she talks […]

Real Estate and Projects Summary

Nabarro Nathanson (Paul McDermott, Helen Randall) advised West Berkshire District Council on a £100m public-private strategic partnership, involving the outsourcing of support services to Amey BPO. Addleshaw Booth & Co advised Amey BPO. Beachcroft Wansbroughs (Alan Wood, Chris Ward) advised Norwich City Council on the £85m Norwich Connect PFI deal to update, refresh and re-engineer […]

A&O brings Germans into management team

Fischer-Zernin and Overlack unanimously voted in as Welling is recalled to London Allen & Overy (A&O) has changed the structure of its German management, creating two new roles to replace current head Mark Welling, who is to return to London in October.Hamburg-based partner Cornelius Fischer-Zernin has been appointed managing partner while Frankfurt-based partner Arndt Overlack […]

Europe: what happened when

Europe has been a hotbed of activity in the last six months. Nicola Smith gives the lowdown GERMANYTJG set to merge with WessingTaylor Joynson Garrett (TJG) is on the verge of securing a merger deal with German firm Wessing. The move is expected to be confirmed this week.The merger will transform the City firm into […]

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