BLP lands work on £220m RBSI deal

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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 […]

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Andersen Legal links with HSD E&Y in France

The French arm of Andersen Legal is merging with Ernst & Young’s associated French law firm HSD Ernst & Young The link-up will create a 1,120-lawyer practice. The merger needs to gain clearance from the European Competition board but it is hoped that the new firm will be launched in early September.

Norton Rose calls a halt to newbies' salary rises

Norton Rose is freezing the salaries of its newly qualified and trainee lawyers, following the example set by other top City firms last week Brendan Monaghan, Norton Rose deputy head of personnel, confirmed that all newly qualifieds had been informed that starting salaries would remain unchanged at £50,000 as of 1 May.Trainee lawyers’ pay has […]

Latham opens Italian office as London partner departs

Latham & Watkins is continuing to focus on Europe as it sets up its second office in Italy But as its Continental practice expands, the firm’s London office growth has stalled. It is losing acquisition finance partner Kevin Dunn, who is returning to GE Capital just over 18 months after joining the firm.Dunn, who is […]

Commission fronts plans for European enforced debt order

The European Commission has proposed a regulation that would force courts and other judicial authorities across the EU to recognise an uncontested order secured by a creditor for the recovery of owed money held in another member state It is the first solid legislation framed by the commission under a broad policy to promote the […]

Silk earns over £2m from Bloody Sunday Inquiry

Silk Edwin Glasgow QC of 39 Essex Street has been paid more than £2m from the public purse for his work representing members of the armed forces in the Bloody Sunday Inquiry Defence minister Adam Ingram confirmed that Glasgow had received £2,155,288, which makes him the highest-paid lawyer involved in the inquiry.

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