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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 […]

Recommended

In brief: Irwin Mitchell

Irwin Mitchell senior partner Michael Napier is calling on the Government to use the public inquiry into the Marchioness sinking as an opportunity to improve the legal system. Irwin Mitchell represented victims of the Thames disaster. Napier is calling for a new crime of corporate killing.

Flotations & Financing

Garretts represented Dicom Group on the equity funding of acquisition vehicle Imaging Components Corporation (ICC) and its $70.5m (£44m) tender offer for US company Kofax Image Products. David Bolton, corporate partner at Garretts, led a three-strong team, including Mark Cathro and Matthew Dobson, both managers in the corporate department. New York firm Kirkland & Ellis […]

Philip Goodchild on part-timers' bids for pension rights

Philip Goodchild is a pensions solicitor at Hammond Suddards. Women part-time workers are waiting for a ruling from the European Court of Justice (ECJ), due 14 September, in the case of Preston v Wolverhampton Healthcare NHS Trust. This is a test case for 60,000 employees who allege that, contrary to Article 119 of the Treaty […]

Coming clean on money laundering

John Potts, head of corporate litigation, Clifford Chance Maurice Allen, head of banking, Weil Gotshal & Manges David Byrne, head of investigation, Titmuss Sainer Dechert The National Criminal Intelligence Service (NCIS) last week published its annual report containing a stinging attack on lawyers for failing to report suspicious transactions which result in money laundering. In […]

Sqaure Mile

One can only assume that a sudden and dramatic convergence of legal systems around the world has taken place, bringing the word “globalisation” onto the lips of so many City lawyers. Globalisation for the widget maker means selling widgets in world markets that are made in a number of countries. But for the legal profession […]

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