Eversheds and Wragges wrap up takeover of Mentmore

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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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Travers scores first deal for Cazenove

Travers Smith Braithwaite has scooped its first instruction from blue-blood investment bank Cazenove, a longstanding client of Slaughter and May. The City firm has advised Cazenove on its first AIM float when it acted as Nomad, broker and bookrunner for Dealogic Holdings plc on the £154m flotation this week. The deal was led by Travers […]

Kemp Little bags Norton Rose employment ace

Kemp Little has taken on former Norton Rose partner Tim Russell as part of the niche firm’s bid to expand its employment practice. Russell was previously head of Norton Rose’s employment group, but resigned last summer to move into consultancy work, as well as continuing as a part-time Employment Tribunals chair. Russell will start at […]

Barclays hires for African law team

Barclays has taken on three new lawyers in South Africa and Botswana as a result of a reorganisation of the bank’s legal system in the region, which takes effect on 1 May. The hires will give the bank its first African legal counsel in Botswana with the arrival of Ludo Tema, while in South Africa […]

Rival bidders for Wembley opt for A&O and Linklaters

The hotly-contested battle to take over greyhound racing and gaming group Wembley has gifted Allen & Overy (A&O) and Linklaters new clients. Linklaters scored an instruction from the original bidder, the US hotel and gaming resort operator MGM Mirage. MGM held a beauty parade between Linklaters and one other magic circle firm to find its […]

Orrick targets Washington with Swidler Berlin talks

Orrick Herrington & Sutcliffe is aiming to bump up its Washington practice by courting a potential combination with DC’s Swidler Berlin Shereff & Friedman. According to the Legal Times, the talks between the two firms are still at management level though are thought to have developed past a preliminary stage. The move would be a […]

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