Eversheds, McGrigors in courting action

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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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Bakers scores second Arqiva deal in a week

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Haking back

The revelation that corporate legends Nigel Boardman and Barry O’Brien played on the Slaughter and May rugby team together (before O’Brien moved to his current home, Freshfields Bruckhaus Deringer) was just too beautiful an image for Tulkinghorn to pass up. So, he is delighted to present, for the first time ever, Tulkinghorn’s rugby XV. The […]

Lovells institutes snakes and ladders strategy for lockstep

At least one Lovells equity partner has slid from the top to the bottom rung of the firm’s lockstep ladder via performance-related sanctions introduced last year. Partners at the firm okayed plans last January that gave the partnership council the authority to take action against underperforming partners. So far 10 partners have been affected by […]

Simpson Thacher seals landmark Blackstone fund

The Blackstone Group has turned to regular adviser Simpson Thacher & Bartlett for the raising of its latest fund, the $21.7bn (£10.67bn) Blackstone Capital Partners V. The firm’s New York-based corporate partner Michael Wolitzer led the team acting on the fund, which is thought to be the world’s largest private equity vehicle, alongside tax partner […]

Lawyer at foot-and-mouth company has no US licence

The general counsel for US animal research company Merial, one of the companies at the heart of the investigation into the foot-and-mouth outbreak in Surrey, has not had an active US legal licence since 2000, it has emerged. Horace Nalle has been general counsel at Merial since 1997, but asked the State Bar of Pennsylvania […]

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