Dundas revisits shetland role

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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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MBRM faces action over Refco debt ‘cover-up’

Mayer Brown Rowe & Maw (MBRM) has been landed with a $245m (£119.2m) lawsuit from buyout house Thomas H Lee Partners, a creditor of bankrupt derivatives trader Refco. Lee is alleging a cover-up by MBRM. MBRM had girded itself against a potential suit ever since a bankruptcy examiner’s report earlier this month found that the […]

Pulling power

Taylor Wessing ‘s annual event, which gives a whole new meaning to the phrase ‘liquid lunch’, took place on Friday 20 July. The firm’s annual waterski day, hosted, as usual, by senior partner Martin Winter, unfortunately suffered from the Noah-like conditions. Still, what’s a little rain when you’re in a wetsuit? Winter put the day […]

CC wannabe partners to cut their teeth overseas

Lawyer mobility is to become a key part of Clifford Chance‘s strategy, with partners and associates expected to serve time in various offices across the firm’s network. Global managing partner David Childs told The Lawyer: “We’re going to expect someone coming up for partnership to have done a stint with a client or in a […]

Halliwells brings in Reed Smith insolvency expert

Reed Smith insolvency expert” />Halliwells is shoring up its corporate recovery team with the hire of Reed Smith Richards Butler insolvency partner Michael McCarthy. The firm intends to use his addition to expand its government-related insolvency capabilities. McCarthy, who was head of insolvency at Richards Butler before its merger with Reed Smith, has advised the […]

Osborne Clarke holds off rivals to stay top in Bristol

Osborne Clarke holds off rivals to stay top in Bristol” />The profitability gap has widened between Bristol’s top two firms, while the city’s closely tied second tier has been broken apart. The city’s financial year-end results show that average profit per equity partner (PEP) at South West premier league firm Burges Salmon was outstripped by […]

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