DLA Piper takes tax ace from Hammonds

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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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General Electric offers panel places to law firms that stay on-side

General Electric (GE) is forcing its external lawyers to sign an agreement prohibiting firms from litigating against any of the US giant’s group companies or affiliates in return for a place on its coveted UK panel. The move is part of an online tender exercise launched by GE’s financial services arm (formerly GE Capital) last […]

Enron prosecutor joins Morgan Lewis

Morgan Lewis & Bockius has hired Enron Task Force prosecutor John Hemann as a partner in its San Francisco office. While Hemann was an assistant US attorney he prosecuted Enron’s former chief financial officer Andrew Fastow. Hemann will team up again with Leslie Caldwell, former head of the Enron Task Force and former director of […]

NAO report into hospital PFI puts UK market on red alert

Ongoing refinancings stall in anticipation of damning report into hospital PFI. By Joanne O’Connor As if in need of any more drama, the UK’s PFI market is bracing itself for further criticism ahead of the latest National Audit Office (NAO) report, this one into the Darent Valley Hospital PFI. The NAO – the body that […]

Pillsbury merger to salvage Shaw Pittman NY

Shaw Pittman’s anticipated merger with Pillsbury Winthrop could shore up the Washington DC firm’s ailing New York office after two of the firm’s New York partners left for Morgan Lewis & Bockius. As first revealed on www.thelawyer.com (19 January), the tie-up would create a top 20 US firm with more than 1,000 lawyers and turnover […]

O’Melveny bolsters M&A after swoop on Wilson Sonsini, McDermott

O’Melveny & Myers is dramatically ramping up its M&A offering in San Francisco and New York after raids on Wilson Sonsini Goodrich & Rosati and McDermott Will & Emery. The Los Angeles-based firm has dealt a blow to McDermott with the hire of three partners including the firm’s high profile head of M&A, Spencer Klein. […]

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