Flotations & Financing

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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 […]

Recommended

CFAs threaten family mediation

Mediators are warning that the introduction of conditional fees into matrimonial cases will drive couples away from mediation and into court, despite government protests to the contrary. David Hodson, vice-chairman of the UK College of Mediators and Solicitors Family Law Association and national committee member, says that the law change will discourage some cases from […]

Lawyers discover LEA withheld report on failing school

Lawyers discovered a local education authority had withheld a damning report about a failing school by tracking it down on the internet. A special needs tribunal decided a 14-year-old boy, suffering from Tourette’s Syndrome, should go to a school chosen by his local education authority (LEA) in North Somerset. The boy’s parents had wanted him […]

Eversheds to advise councils in-house

Eversheds has signed partnership agreements with Lancashire and Nottinghamshire county councils and is in the process of making a similar arrangement with Buckinghamshire. It is also in talks with around a dozen other councils. The agreement will provide the councils’ in-house legal team with specialist legal support, including training sessions, secondment and use of Eversheds’ […]

Civil servant judges put employment law at risk

When the Employment Rights (Dispute Resolution) Act 1998 comes into force later this year, claims by employees will increasingly be hammered out under a more casual regime of dispute resolution. However, employment lawyers fear that, under the new legislation – designed to speed up and reduce the cost of employment disputes – crucial judicial decisions […]

In brief: Cripps Harries Hall

Cripps Harries Hall is the first of the top 100 law firms to achieve the professional quality assurance standard Lexcel, indicating compliance with the Law Society’s Practice Management Standards. Jonathan Denny, managing partner, says: “By gaining the accreditation as a firm we have achieved confirmation of reaching a high standard of quality.”

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