Gatwick disposal gives legal advisers wings

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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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Nixon Peabody launches Israel group

US firm Nixon Peabody has launched an Israel practice group to advise on inbound and outbound Israeli transactions. The group, which will be based in the US, will be chaired by Washington DC partners Samuel Feigin and Mark Kass, who both joined Nixon Peabody from Mintz Levin in November 2008. The practice group will focus […]

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Law Soc halts rollout of new membership database

The Law Society has shelved a £500,000 IT project, citing “technical issues”. The Integradata management system was introduced in 2007 but has been plagued by problems, forcing the Law Society to revert to an older system. An external IT analyst was brought in for six months last year, but failed to kick-start the project. The […]

Dechert adds Bear in-houser to New York corporate

Dechert has hired a former senior Bear Stearns in-house lawyer to bulk up its corporate and securities group. Former in-house lawyer and managing director at Bear Ken Masotti has joined Dechert’s New York office as counsel in the corporate and securities group. Dechert head of corporate finance Henry Nassau said: “[Ken’s] experience advising on a […]

Cadwalader: Paul Hastings Seven ‘breached partnership agreement’

Cadwalader Wickersham & Taft has threatened to sue the seven London partners who are leaving for Paul Hastings, after initially promising an amicable separation. Former chairman Bob Link flew into London last Tuesday (27 January) to try to manage the situation and is set to transfer to London in February to rebuild the office. Cadwalader […]

Osborne Clarke outsources 75 support staff

Osborne Clarke has agreed a £50m that will see it transfer 75 support staff to outsourcing company Integreon. Former Osborne Clarke chief operating officer Chris Bull will join the US-headquartered legal process outsourcing (LPO) company in the role of European chief operating officer as part of the seven-year deal. Managing partner Simon Beswick said the […]

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