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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 […]

Recommended

Flitcroft quits UCI for post at AstraZeneca

COMMERCIAL lawyer Joanne Flitcroft joins AstraZeneca, boosting its in-house capability. Flitcroft is quitting cinema chain UCI for the pharmaceutical giant. She will join an 11-strong team in the company’s Cheshire office under assistant general counsel Chris Petty. Her recruitment is the final stage in a programme of integration carried out by the company since the […]

Orchard rocked by Altheimer attack

CHICAGO-based firm Altheimer & Gray is swooping in on niche City practice Orchard and taking the entire corporate finance team. Four partners, three of them corporate and one in property, are leaving the 10-partner firm. They are head of corporate finance Nick Davis, and his partners Jon Lovitt and Susan Breen, and property partner Nicky […]

Bird & Bird scoops MP3’s pan-European business

Bird & Bird has landed leading internet music distributor MP3 as a client following a competitive tender process. It is understood that six firms pitched for the work, including one from the magic circle. The final choice was made after the beauty parade last month. The win is a significant one for technology specialist Bird […]

London

London Club Steering Committee in $22bn (£40.8bn) debt exchange of new Russian Federation euro bonds for old restructured USSR debt. London Club Steering Committee led by Deutsche Bank; represented by Clifford Chance (Cliff Godfrey

UK software developer

UK software developer Multimedia buys Illuminator for £25m in a reverse takeover. Multimedia advised by SJ Berwin (Delphine Currie and Jonathan Metliss) and Illuminator advised by Sinclair Roche & Temperley (Kevin Dean).

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