Bingham loses finance partner to DLA Piper

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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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SJ Berwin mourns real estate partner

SJ Berwin has been rocked by the death of star real estate partner John Eldridge. Eldridge, who had been a partner at the firm since 1983, died last Friday (20 April). He had been in a coma since being injured in a motorcycle accident on 3 April. Eldridge was widely regarded as a key member […]

Ashurst boosts Germany with Siemens in-houser

Ashurst has boosted its Munich office by hiring a new partner. M&A specialist Lutz Englisch will join the firm from Siemens in Germany, where he headed its in-house legal corporate M&A team, having joined in 1991. Ashurst Germany managing partner Simon Beddow said: “Lutz Englisch is widely recognised as a leading figure in the German […]

CC risks banks’ wrath with due diligence liability cap

Clifford Chance has implemented a formal policy of liability caps in all of its corporate due diligence deals despite strong resistance from certain banks, a move that will be watched closely by other City firms experimenting in this field. The magic circle firm has managed to cap its liability at €40m (£27.17m) on vendor due […]

Herbert Smith joins KKR banks on Alliance Boots bid

Herbert Smith is advising the syndicate of banks providing the finance for Kohlberg Kravis Roberts’ (KKR) proposed takeover of Alliance Boots, The Lawyer understands.The US private equity house, alongside Alliance Boots deputy chairman Stefano Pessina, is receiving financial advice mainly from UniCredit Markets & Investment Banking, JPMorgan Cazenove and Merrill Lynch. However, JPMorgan Cazenove, Citigroup, […]

Fun and games @ Howrey

Thanks are due to Howrey for providing an innocent, but still amusing, email-related titter that is altogether more tasteful and innocent than any smutty Bradley Chait-style disaster. The email address of Washington antitrust partner Scott E Flick is flicks@ howrey.com. Reasonably amusing. IP senior associate Nelson Kee is better – keen@howrey.com. But let’s leave it […]

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