Cadwalader lands P&G on Gillette acquisition

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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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CC in financial U-turn as it dumps $150m placement

Magic circle firm rejects borrowing experiment out of hand; balance sheet benefits to tune of millions Clifford Chance has dramatically abandoned its financial strategy of the last three years and redeemed its entire $150m (£79.6m) private placement in order to return to a more conventional borrowing policy. The move, initiated by chief operating officer David […]

The high life

Even in the heart of London, peaceful spots can still be found for a bit of solitary mastication. Reports have been reaching Tulkinghorn’s ears from Lewis Silkin’s Gough Square offices, where a member of a nearby barristers’ chambers is regularly appearing on the rooftop at lunchtime. He pops through the door, pulls out a deckchair […]

Opinion

The old QC selection system was not as bad as its press, but the new one should be better An article published recently in The Times (23 November 2004) considered “the notorious system of appointing Queen’s Counsel through secret soundings”. Although I agree that many of the bar’s traditional systems and notions need overhauling, I […]

Chadbourne & Parke in five-partner raid on Dentons

Denton Wilde Sapte has lost five partners from its contentious insurance practice to US firm Chadbourne & Parke. Senior equity partners Chris Cardona, Adrian Mecz and Michelle George announced their departures to Dentons management before Christmas. They were joined last week by salaried partners Mark Pring and John Barlow. Dentons outgoing chief executive Virginia Glastonbury […]

DLA Piper takes tax ace from Hammonds

DLA Piper Rudnick Gray Cary has delivered a blow to Hammonds’ London tax group by hiring partner Tracy Fisher. Fisher joined Hammonds in May 2002 from Lovells and practises in corporation tax, capital gains and VAT, with a particular expertise in private equity, structured finance and property taxation. She joins DLA Piper on 24 January. […]

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