Computer companies sign joint ACE rescue mission

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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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A&O and Clifford Chance advise on first loan in euros

GEC has used Allen & Overy, rather than its usual adviser Freshfields, to draw up the documents for the world’s first euro-denominated syndicated loan. The loan has been cited by the Bank of England as an example of how London will continue to hold its own after monetary union, said Allen & Overy banking partner […]

SIF: "figures not skewed'

Your front page story “Law Society figures skewed…” (7 April) suggests that the Solicitors Indemnity Fund and the Law Society have misled the profession. You imply that the information contained in the society’s consultation papers has been deliberately skewed in our favour. Nothing could be further from the truth. SIF supplied the society with the […]

Govt in push for family law fixed fees

THE Government is preparing to clamp down on legal aid fees by imposing standard fees on all family law cases by the end of the year. The Lawyer has learned that discussions between the Lord Chancellor’s Department (LCD), the Law Society and the Bar Council are now at “an advanced stage” over the controversial move, […]

LSS president slams Govt over justice forum

LAW Society of Scotland (LSS) president John Elliot criticised the Government for not setting up a civil justice forum north of the border, at the society’s AGM this month. Elliot told the 600 solicitors attending the LSS conference in Glasgow that he had already written to many organisations, inviting them to join the society in […]

Flotation

Surrey firm Mundays advised Granger Telecom on its $113m flotation on the European stock market, Easdaq. The lead manager was Beeson Gregory, advised by Titmuss Sainer Dechert.

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