Cadwalader loses restructuring partner

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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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Law Soc forced into vote on changes after member protests

Law Society members are voting on a fundamental overhaul of the Society’s charter which could see non-lawyers become fee-paying, non-voting “associate members”. The ballot is set to conclude tomorrow but a number of solicitors are heavily opposed to the reforms, which they fear could dilute the body’s ability to represent solicitors’ best interests. The postal […]

ACK Media Law

With a shelf full of champagne from people wishing them luck, ACK Media Law’s founders are still ­celebrating their split from Howard Kennedy this ­summer. The firm set up shop in July this year after Susan Aslan (pictured top left), Sue Charles (top right) and Hakan Kousetta (above) left the media and ­entertainment practice at […]

Squire Sanders takes lead role on Landsbanki after A&O quits

Squire Sanders & Dempsey secured a major role in the negotiations between the UK and Iceland following the fall of ­Icelandic bank Landsbanki. Squire Sanders takes lead role on Landsbanki after A&O quits” />Squire ;Sanders ;& Dempsey secured a major role in the negotiations between the UK and Iceland following ;the ;fall ;of ­Icelandic bank Landsbanki. The bank has had […]

Former S&N lawyer joins Aggreko

Scottish & Newcastle’s former general counsel and company secretary Peter Kennerley has joined power generation company Aggreko. Scottish & Newcastle’s (S&N) former general counsel and company secretary Peter Kennerley has joined power generation company Aggreko. Kennerley’s role at S&N was made redundant when the brewer was taken over by Carlsberg and Heineken (The Lawyer, 6 […]

A&O, Addleshaws advise on building society rescue

Allen & Overy and Addleshaw Goddard were the main legal advisers in the merger of Barnsley Building Society with regional rival Yorkshire Building Society. Barnsley, which turned to Addleshaws partners Adam Bennett (pictured), with Neil Woolhouse and Nick Hopper, sought a merger after being forced to write off up to £10m of money held in […]

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