Debevoise’s European offices boost profit and revenue as private equity group excels

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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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DP World: how US politicians got in the way of the lawyers

Gemma Westacott on Freshfields’ and Linklaters’ scramble to save DP World’s acquisition of P&O DP World might have lost the battle to own and operate P&O’s US port operations, but it has won the war, so to speak, by finalising its takeover of the London-based company’s other international assets. Last Wednesday (15 March), DP World […]

CC advises Aviva on £17bn swoop for Pru

Clifford Chance has strengthened its ties with longstanding client Aviva, scooping the lead role on the insurance company’s £17bn offer for rival Prudential. Prudential announced it had rejected the offer from Aviva last week, with Prudential shareholders due to be lobbied this week to support the potential takeover. Clifford Chance corporate partners Adam Signy and […]

Satisfaction guaranteed

Janine Collins explains how review meetings can ensure your clients are satisfied with your service How many of your firm’s clients have you met recently to discuss their satisfaction with the firm’s performance?Providing a client-centric service means tailoring your firm’s services to your clients’ specific needs. Traditionally, law firms have second-guessed their clients’ requirements. However, […]

Fennemores exits cause firm’s collapse

Fennemores is set to dissolve this autumn after three partners and a large team of lawyers announced that they were joining rival Milton Keynes firm Geoffrey Leaver Solicitors. The embattled £11m-turnover firm has been hit by a series of departures during the past months, beginning with the resignation of three partners in November 2005 to […]

Eversheds fights to retain Leeds-based pension team

Eversheds has launched an emergency rearguard action to try to lure back the six-strong Leeds pensions team that quit for Pinsent Masons last week. News of the pensions group’s collective resignation came just days after former pensions head Jacqui Timmins and her colleague Anthea Whitton quit to join Pinsents as partners, as first revealed on […]

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