Could Mudge Rose have been rescued?

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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 […]

Recommended

Time for ADR to play its part

The latest publication of the Financial Law Panel (FLP), Alternative Dispute Resolution in Commerce and Finance, was sent to the panel’s subscribers and other interested parties last week. It contains a brief guide to the types and sources of ADR available to people handling most types of business disputes. An increasing amount of attention is […]

A spirit of fair play

Richard Bagley (‘What’s in Mears’ title?’ The Lawyer 10 October), in calling for a five-year executive presidency for the Law Society, misses the essential point that the post is (and indeed Mr Mears was) democratically elected. The secretary general carries out policy, the president is crucial to its formulation. The two roles are quite distinct. […]

Names issue writ against Clyde & Co

Lloyd’s Names are suing Clyde & Co, a major legal player in the Lloyd’s insurance market in connection with one of the biggest pieces of Lloyd’s litigation to date. Clyde & Co said it will contest the action. The 4,000-member Sturge Names Action Group (Snag) is instructing Eversheds in this and other actions after collectively […]

In brief: Instant guide to Irish litigation

A new guide for UK lawyers on litigation in Ireland was launched in London by the Irish Minister for Justice, Mrs Nora Owen TD. The guide, Litigation in Ireland – A Comparative Guide for Lawyers in England and Wales, was produced by Irish firm McCann Fitzgerald, to provide lawyers already accustomed to the civil procedure […]

In brief: Question over TSG role in working parties

Details of the three presidential working parties to tackle conveyancing, communication and training are yet to be released. Lists of the candidates were presented to the Law Society Council on 21 September, but president Martin Mears said some members still had to be contacted to confirm their willingness to take part. He denied the delay […]

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