Freshfields steers Wolseley through €1.5bn DT purchase

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Latest Briefings

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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As City lawyers jet off for their summer holidays, training has remained a consistent story generator. Stories to hit The Lawyer’s headlines have included Clifford Chance‘s appointment of a ‘people partner’ to oversee career development, Norton Rose‘s decision to outsource its solicitor-advocate training to BPP Professional Development and Nottingham Law School’s plans to launch in […]

DLA wins BoS-Reuben role on £1.1bn McCarthy & Stone offer

DLA Piper Rudnick Gray Cary is acting for Mother Bidco, the consortium which has pushed aside a rival bidder to place recommended offer for retirement home developer McCarthy & Stone. Manchester corporate partners Paul Rimmer and Jonathan Watkins are advising the consortium which consists of Bank of Scotland, the Reuben brothers and Sir Tom Hunter. […]

BLP sees gambling sector as a good bet

All the furore and scandal currently surrounding online gambling might give some lawyers a few moments’ pause before continuing to act in the sector. It certainly did for Mischon de Reya, which got cold feet and dumped troubled BetonSports as a client early in the year. But it hasn’t been enough to stop some firms. […]

Al Fayed fuming at Kirkpatrick negligence

Kirkpatrick & Lockhart Nicholson Graham was jubilant last week despite a judge’s ruling that the firm messed up when it advised Harrods owner Mohammed Al Fayed over the acquisition of Fulham Football Club. Kirkpatrick & Lockhart Nicholson Graham was jubilant last week despite a judge’s ruling that the firm messed up when it advised Harrods owner Mohammed […]

Herbies lands deal for CLSA as Indonesia hots up

Herbert Smith has landed the underwriter role on the first major international IPO to originate out of Indonesia in three years. Herbert Smith’s Singapore office, together with associated Indonesian firm Hiswara Bunjamin & Tandjung (HBT), advised Credit Agricole’s Asian investment banking arm CLSA as coordinator, bookrunner and underwriter on the IPO of Indonesian construction company […]

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