Eversheds raid forces Weil to axe Brussels office

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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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From tobacco to wackos

Lovells’ gentle smokers have lived in relative luxury ever since the firm moved into its Atlantic House headquarters back in 2000. For in the prohibitive 21st century, when all smokers are seen as pariahs, puffers at the firm have been allowed to enjoy their guilty pleasure in a specially designated smoking room. However, with the […]

Hammonds turnover sneaks up and PEP rockets

Hammonds has boosted average profit per equity partner (PEP) 23 per cent from £328,000 last year to £404,000, the firm’s 2006-07 financial year-end results reveal. The 2006-07 year-end figures, revealed today, also show turnover having hit £127.6m excluding the results recorded by the firm’s Italian joint venture, Hammonds Rossotto, a three per cent increase on […]

White & Case hires boost capital markets team

White & Case has made a triple hire for its London banking and capital markets group, raiding Allen & Overy (A&O), Cadwalader Wickersham & Taft and the European Bank for Reconstruction and Development (EBRD). Clare Calver, until now an associate at A&O, joins the firm’s partnership while former EBRD counsel Massimo Galli and former Cadwalader […]

BBC Worldwide restructures as legal chief bags promotion

The BBC’s director of business and legal affairs Sarah Cooper has been promoted to chief operating officer (COO) at BBC Worldwide. The role, which has been newly created, will see Cooper directly responsible for all of BBC Worldwide’s corporate operations including legal and business affairs, talent accounting and corporate governance. Cooper’s former position as director […]

Equity head is richest legal aid barrister

Balbir Singh, head of Birmingham-based Equity Chambers, has been named the UK’s highest-paid legal aid barrister. The annual figures from the Ministry of Justice revealed that Singh, a former magistrates clerk, had raked in more than £1.1m in the 2005-06 year. •Balbir Singh, head of Birmingham-based Equity Chambers, has been named the UK’s highest-paid legal […]

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