Founding partner takes down Bakers Bologna

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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

Former ICI chief steps in after Smiths GC quits

UK technology company Smiths Group has hired former ICI legal chief Michael Herlihy as its interim general counsel, after the departure of head lawyer David Lillycrop. Herlihy has stepped in from legal consultancy Jomati after Lillycrop’s resignation. Smiths Group has restructured its management and has dropped the top lawyer role from its board, prompting Lillycrop’s […]

LG slumps as PEP dips for second year running

LG is the latest City firm to take a hit from the credit crunch, reporting a drop in profit per equity partner of 3.4 per cent. LG has experienced a 3.4 per cent drop in profit per equity partner, a fact which managing partner Hugh Maule has labelled as “disappointing”. The firm has announced a […]

Darren Drabble: MoneySupermarket.com

Keeping tabs on the entrepreneurs behind price comparison site Moneysupermarket.com and handling its listing has kept GC Darren Drabble on his toes for the last year. In May 2007 Darren Drabble was told during his job interview at Moneysupermarket.com that an IPO was a possibility. The same day back at home, his wife told him […]

Exit strategies

Former Morgan Crucible employee Ian Norris may have avoided extradition to the US, but don’t expect to see judges do the same for everyone, says Anand Doobay. It is difficult to spot general trends in extradition case law, and the decision of the House of Lords to partially refuse the US extradition request for Ian […]

K&L Gates bags Bear Stearns managing director

K&L Gates bags Bear Stearns managing director” />K&L Gates has snared Bear Stearns managing director and in-house lawyer for its New York office. Philip Cedar, who was the head of Bear Stearns mortgage and asset-backed securities legal division, joins the firm today (16 June 2008) as partner in the financial services practice. K&L Gates New […]

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