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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

Mayer Brown wins two more partners for London

Mayer Brown has upped the pace of its lateral hiring spree with the addition of a partner apiece in its corporate and real estate practices. Alistair Bird will join the corporate practice from Simmons & Simmons on 1 October, with Ashurst real estate partner Gary Watson set to join the firm a month later. Their […]

Regional firms dine out on Symington’s buy-in

Addleshaw Goddard, Hammonds, Pinsent Masons and Linklaters have all benefited from one of the smaller private equity deals being announced in the regions, despite the credit crunch. The four firms scored lead roles on the £40m buy-in of food manufacturer Symington’s by a management team backed by fund manager Hermes. Symington’s is home to celebrity […]

Latin lovers

As the old ways falter, has the time come for Anglo-Saxon firms to triumph in Italy? They certainly think so It took Julius Caesar a couple of attempts to conquer England. Now, 2,000 years later, Anglo-Saxon firms are launching their own second invasion of the Italian market. The past few months have seen a flurry […]

Weil’s India head moves to Hong Kong for Asia push

Weil Gotshal & Manges has underlined its commitment to Asia through plans to send New York-based corporate associate and head of India Lavesh Samtani to its Hong Kong office next year. The firm’s chairman Stephen Dannhauser had stated the firm’s intention of using its Hong Kong office as a platform for Asia-related work when he […]

Atkin Chambers loses silk to High Court

Atkin Chambers has raided 4 Pump Court for top silk David Sears QC in the week it saw its first barrister, Robert Akenhead QC, join the High Court bench. Sears, who took silk in 2003, made the move as he wanted to grow his construction and professional negligence practice and felt that Atkin was a […]

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