Correction

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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 […]

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Australia sets down takeover guidelines

Australia’s takeover regulator the Australian Takeovers Panel has released final guidelines aimed at helping panel members avoid conflicts of interest. Under the guidelines, the president of the panel must disclose all relevant interests of panel members to the parties in proceedings, even if those interests do not give rise to a conflict. Panel members must […]

Ex-Bingham McCutchen partner joins Nomura

Richard Gitlin (left), the former senior partner with US firm Bingham McCutchen, has been appointed by Nomura International to advise the investment bank on growing the number of Japanese corporate restructurings. Gitlin, a world-renowned workout and restructuring specialist, who is best known for his role as the US administrator on the US-UK bankruptcy of Maxwell […]

A letting man

Canary Wharf Group legal head Michael Ashley-Brown keeps Ashursts and Clifford Chance on their toes. Julia Cahill investigates When Britain’s third-largest listed property company announced a pre-tax profit of £203.1m last week, it did so amid growing market concern about the strength of demand for office space. Its shares fell by 2 per cent, despite […]

Board member's plans to lobby Law Soc raise conflict concerns

A member of the Law Society’s main board has launched the Legal Services Reform Group to lobby the Law Society, attracting conflict of interest allegations from society backbenchers In-house lawyer Paul Gilbert formed the group in response to the deregulation of the legal services market. Backbenchers are expected to criticise Gilbert’s dual role at the […]

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