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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

Technology the only star on display at lustreless Midem

The behemoth music industry bash threatens to metamorphose into a white elephant. By Matt Byrne Another week, another music partner goes solo. Last week it was Davenport Lyons’ James Ware’s turn to leave. An industry stalwart for years, and a partner at the firm for almost 20 years, Ware is setting up his own music […]

Broadband is a boost for online recruitment

The increased use of broadband as a connection method amongst UK internet users will provide a boost for employers wishing to take advantage of the internet as a recruitment tool. OfCom figures show that broadband now accounts for approximately one third of all domestic internet connections. The figures also show that 7.5% of the UK […]

CC in financial U-turn as it dumps $150m placement

Magic circle firm rejects borrowing experiment out of hand; balance sheet benefits to tune of millions Clifford Chance has dramatically abandoned its financial strategy of the last three years and redeemed its entire $150m (£79.6m) private placement in order to return to a more conventional borrowing policy. The move, initiated by chief operating officer David […]

Four firms land work on Palmer real estate funds

Property venture capital company Palmer Capital Partners (PCP) has appointed a raft of real estate finance lawyers from four firms to advise on investments under its new real estate investment funds. Real estate finance specialists from Berwin Leighton Paisner (BLP), Forsters, South East firm IBB and Wragge & Co have been added to PCP’s panel […]

Ex-Brobeck partners hit with $275m legal action

Ronald Greenspan, the trustee of Brobeck Phleger & Harrison’s bankruptcy estate, has issued a barrage of law suits against former partners, including ex-chairman Tower Snow, in a bid to recover some $275m (£146.3m) in distributions and bonuses. Greenspan, through his law firm Hennigan Bennett & Dorman, has filed suits against more than 220 partners, seeking […]

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