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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

Silent partners make some noise

In the wake of recent market volatility, restructuring partners have been thrust into the media spotlight once again. After several years of a bull market, these lawyers have been able to slink into the shadows and leave the headline-grabbing to their high-flying corporate and banking counterparts. While it has been easy for these partners to […]

Charities to face more red tape in light of new gambling laws

Gambling laws fast-tracked through Parliament before the last general election came into force on Saturday (1 September) and will lead to hardship for charities, lawyers have warned. The Gambling Act 2005, which allows casinos to open 24 hours a day with unlimited jackpots, requires any organisation that uses forms of lotteries, such as raffles, to […]

Just like starting over

Following a lengthy process of deliberation, US firm Proskauer Rose is on the verge of launching its London office, pinching O’Melveny & Myers private equity head Matthew Hudson to lead its assault on the London market. (see story) Hudson said he was excited about taking on a fresh challenge when he spoke exclusively to The […]

The Nationals

Eversheds may have retained its place as the UK’s largestnational firm in 2006-07 (its turnover of £356m was acountry mile from nearest rival Pinsent Masons’ revenue of £192.4m), but it is Shoosmiths that boasts by far the highest average revenue per lawyer (RPL). Although it recorded a comparatively tiny turnover of just £95m, Midlands-based Shoosmiths […]

Herbies set to expand TMT expertise into Dubai and Japan

Herbert Smith has set its sights on Asia for a technology, media and telecoms (TMT) push by hiring a senior lawyer in Dubai and planning to boost its presence in Japan. Practice head Nick Elverstone said: “We set up the media part of the TMT group in London about two years ago and we want […]

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