Cobbetts in picture for IPPE-Kodak deal

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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 […]

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 […]

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3 Verulam bags DWS arbitration head

Commercial set 3 Verulam Buildings has snared the head of arbitration from Denton Wilde Sapte (DWS). DWS senior lawyer Sophie Nappert, who is a dual-qualified lawyer in England and Canada, will leave DWS after seven years at the firm. She headed the DWS arbitration group since 2003. Chambers head Christopher Symons QC said: “Sophie has […]

Fasken chosen to act on £25.2m Vestpa purchase

Albany Capital’s AIM-listed special purpose vehicle Vestpa has acquired Singaporean and Chinese food company Full Fortune Holdings for £25.2m in a reverse takeover structured by Anglo-Canadian firm Fasken Martineau Stringer Saul. Albany was advised by Fasken head of corporate June Paddock, while Stephenson Harwood partner Matthew Gorman acted for the target in Singapore. Nominated adviser […]

Travers steers 3i lingerie purchase

Travers Smith has lent its support to private equity house 3i in the purchase of a £60m majority stake in designer lingerie chain Agent Provocateur. Corporate partner Chris Hale, who manages the relationship with 3i at Travers, led the purchase alongside corporate partner David Innes. Husband-and-wife founders of Agent Provocateur Joseph Corré and Serena Rees […]

Herbies acts for banks on Chinese share offering

Herbert Smith has advised JPMorgan Securities and China International Capital Corporation (CICC) on the $1.16bn (£0.56bn) global offering of shares in Chinese truck manufacturers Sinotruk. JPMorgan and CICC were the joint global coordinators and book runners on the transaction and turned to Herbert Smith following its work on past transactions in the sector. “The Sinotruk […]

Mayer Brown reshuffles management in Germany

Mayer Brown has appointed a new managing partner in Germany, with banking and finance partner Jörg Wulfken taking control of the firm’s offices in Frankfurt, Berlin and Cologne. Wulfken will succeed Reinhard Lange as managing partner in Frankfurt and Berlin by the end of the year. He will take over management of the Cologne office […]

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