Freshfields insists it’s business as usual after student’s theft

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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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Met Police panel rejig sees 13 firms collared

The Metropolitan Police has overhauled its legal panel, with Bircham Dyson Bell, Burges Salmon and Eversheds among 13 law firms to win places. The firms will be tied into the panel for four years, with the value of the work they will receive estimated at up to £5m a year each. Met director of legal […]

Links creates first head of Asia competition group

Linklaters has shaken-up its competition and antitrust practice, moving partner Erik Söderlind from Sweden to Hong Kong to become the firm’s first head of competition and anti-trust for Asia. Söderlind will be based in the magic circle firm’s Hong Kong office from 15 September, tasked with helping to implement Linklaters’ strategy once China’s anti-monopoly law […]

Trials and tribulations

Well, there have been more than a few clouds of late over at New York structured finance stalwart, Thacher Proffitt & Wood. The firm’s over dependency on this area cost it dearly when the market crashed. Now that same skill set has helped it pick up instructions on one of the highest-profile pieces of work […]

1

Anglo-Saxon firms dominate France’s top 30

Anglo-Saxon firms have fared better in France than in other European jurisdictions, according to a table of financial results from French legal publication Juristes Associés. Almost two-thirds of the top 30 by revenue, if the legal arms of accountancy firms Ernst ;& ;Young ;and Landwell are included, are firms that have headquarters outside France. A […]

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Somerfield uses Kirkland for £1.57bn takeover by Co-op

Kirkland & Ellis has muscled in on the Co-op’s £1.57bn takeover of Somerfield, winning a mandate from former Linklaters client Somerfield. Kirkland & Ellis has muscled in on the Co-op’s £1.57bn takeover of Somerfield by winning a mandate from former ­Linklaters client Somerfield. Addleshaw Goddard, Allen & Overy (A&O) and Clifford Chance were also handed […]

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