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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

Claimants left high and dry

In 1996, the Lord Chancellor described the English legal aid system as a “highly successful public social service”. Large numbers of people were helped to bring claims that resulted in a substantial recovery of damages and they could do so without having to carry the burden of financing that litigation. However, every sensible lawyer agreed […]

Withers takes over niche IP firm in departmental revamp

City firm Withers is taking over specialist intellectual property firm Maycock’s. The acquisition will go ahead in August, with Maycock’s City office shutting down. Founding partner John Maycock will head Withers’ revamped IP unit. The unit will have two partners including Maycock, and two assistants. The acquisition follows the departure of Maycock’s partner Peter McBride, […]

Dibbs beats CC in KPMG MBO survey

Dibb Lupton Alsop has topped the latest management buy-out survey from KPMG. In the latest edition of the quarterly Management Buy-Out Commentary, KPMG places the national firm ahead of both Clifford Chance and the legal section of venture capital company 3i. The survey gives a running total for management buy-outs and buy-ins (MBOs/ MBIs) carried […]

Smaller firms threaten to axe training schemes

A medium-sized firm has said it is considering dropping its training scheme after losing too many of its newly qualified solicitors to the richer City firms. Thomas Eggar Church Adams, a top-five South East firm, is understood to be debating the matter at a partners’ meeting this week. For the past few years the firm […]

Woolf reforms are an unrealistic Utopia

Without lawyers, the Woolf reforms sound like a brilliant idea – a court-managed process of dispute resolution in which everyone operating in the personal injury system conducts open, honest litigation with a general view to achieving a fair result for both parties. In this new Utopia, defendants would recognise that the victims in cases of […]

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