Cobbetts raids Wedlake Bell for London launch

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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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Arnold & Porter first to break from PQE on associate pay

Arnold & Porter is restructuring its London associates’ remuneration to take account of the changes relating to age discrimination in the UK. The US firm is planning to move away from a lockstep-based system to a skills-based salary structure from the beginning of next year. The firm has also signalled its intention to involve its […]

A&O escalates pay war

Allen & Overy (A&O) has become the latest magic circle firm to announce associate salary hikes. The magic circle firm has increased its associate pay by an average of 18 per cent for associates up to five years’ PQE in October 2006. After the increase, A&O’s newly qualified (NQ) pay now stands at approximately £64,900. […]

Law Soc doesn’t get Carter

The Government has yet again felt the wrath of the legal profession over Carter’s legal aid reforms. See story. The Government has yet again felt the wrath of the legal profession over Carter’s legal aid reforms. See story. Almost a month to the day, the Law Society threatened to take the Department for Constitutional Affairs […]

BLP halves promotions but elects more associate directors

Berwin Leighton Paisner (BLP) has promoted six associates to the partnership, fewer than half the record 13 promoted last year. However, the firm has also promoted a further four lawyers to the associate director position it created as an alternative to partnership last year (The Lawyer, 20 November 2006). Real estate finance got two new […]

Hammonds appoints new Leeds head

Hammonds has promoted Simon Miller to head the firm’s Leeds office. Miller has been with the firm’s commercial and dispute resolution practice since 1993 and became a partner in 2000. As a solicitor-advocate he has appeared in numerous interim applications, conducted trials and has also appeared in the Court of Appeal. Miller succeeds the previous […]

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