CC hit for six by Kaye Scholer NY raid

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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 […]

Recommended

Freshfields wins Texas Pacific buyout work

Freshfields Bruckhaus Deringer has strengthened its relationship with Texas Pacific Group after landing an instruction to advise the US buyout house on its bid for British Vita. Freshfields private equity partner Ed Braham is advising Texas Pacific on the corporate aspects of its £624m offer for British Vita, a FTSE 250 UK chemicals group . […]

The work-life quiz

Tony Edwards, managing partner, Thomas Eggar What was your first ever job? A porter in a department store. What was your worst experience as a trainee?Being torn to shreds by a senior partner for no apparent reason, and then being advised that “your father did it to me and I’m now doing it to you”. […]

Simmons gets first job from Royal Dutch

Simmons & Simmons has completed its first deal for Royal Dutch/Shell since being awarded a place on the oil giant’s panel last year. Simmons advised Shell on the sale of its oil products business in the Caribbean to the Sol Group, a petroleum affiliate of the Interamericana Trading Corporation. When Shell completed a global review […]

Jeantet continues revenue hike

French stalwart Jeantet & Associés has posted a revenue hike of 10 per cent for the second year running. The firm saw turnover rise from €28.9m (£19.9m) in 2003 to €31.7m (£21.8m) in 2004. This follows a 9.5 per cent improvement between 2002 and 2003. Last year, Jeantet hired two new partners: former EY Law […]

ILA appoints Freshfields partner as president

Freshfields Bruckhaus Deringer partner Ken Baird (left) has been appointed as the new president of the UK Insolvency Lawyers’ Association (ILA). Baird took up his position on 5 February. He will be involved in the ILA’s work promoting the role of lawyers in the insolvency profession, as well as developing the theory and practice of […]

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