Bond Pearce boosts banking and restructuring

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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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Orrick continues French expansion

Orrick Herrington & Sutcliffe is continuing its acquisitive year in France with the hire of Coudert Brothers arbitration consultant William Craig as senior counsel. Craig was formerly a partner at Coudert Frères for 30 years before becoming a consultant at the firm. He is the third Coudert lawyer to join Orrick in France this year, […]

Equitable settles; A&O, Simmons get costs

Equitable Life has settled its outstanding litigation against nine former directors, with Allen & Overy (A&O) and Simmons & Simmons recovering costs from the insurance firm, The Lawyer can reveal. The agreement was reached this morning and brings to an end an extraordinary saga of litigation lasting four years. A&O and Simmons were both acting […]

SJ Berwin bags Morano for Italian launch

SJ Berwin has confirmed its launch into the Italian market, first reported in The Lawyer (11 July), with the hire of private equity and acquisition finance heavyweight Alberto Morano and a team of three partners. Morano will head up the silver circle firm’s Italian operations, which will officially launch on Monday (5 December) with offices […]

Slaughters in talks to offload Paris office to Bredin Prat

Slaughter and May is locked in negotiations with Bredin Prat that may result in the City firm’s Paris arm move across to its French ally. Slaughter’s practice partner David Frank confirmed Paris press reports that the two firms have been in discussions for some time but stressed that they may decide to retain the status […]

Freshfields and OC scoop key roles on Friends Reunited deal

Freshfields Bruckhaus Deringer and Osborne Clarke have scooped roles on the acquisition of community website Friends Reunited by television broadcaster ITV. Freshfields acted for ITV having won its first instruction from the broadcaster earlier this year when it de-listed from the New York Stock Exchange. Corporate partner Simon Marchant, who led the Freshfields team, told […]

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