GE Capital Real Estate and Hermes Property Asset Management buy Headrow Shopping Centre in Leeds in 50-50 joint venture worth £47.25m.

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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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Fielding under Met Police investigation

Former Lawrence Graham partner Michael Fielding is understood to owe a massive £12m to the Royal Bank of Scotland (RBS) and is now the subject of an investigation by the Metropolitan Police. Fielding’s case is due before a hearing today (9 July) to have him declared bankrupt. A source who has seen the petition from […]

North Eastern Circuit members vote to exclude employed bar

Just 7 per cent of members of the North Eastern Circuit voted on the future of its employed barrister members following an amendment to earlier plans to ban them from membership. The new resolution proposed to allow employed barristers to become ‘associate members’ of the circuit. This is a significant sea change from the original […]

Shaw Pittman targets high tech work with LA merger

Shaw Pittman is set to take a firmer grip on the Los Angeles technology market by merging with Klein & Martin. Klein & Martin is a three-partner Los Angeles-based firm that has a longstanding relationship with Shaw Pittman, forged by Bill Peters, a partner responsible for the operation of the Los Angeles office, and Clara […]

Clarke Willmott reports modest growth after an expensive year

South West firm Clarke Willmott & Clarke has recorded a modest turnover increase of 14 per cent on last year. Annual figures announced for 2000-2001 show a turnover of £15.7m, compared with £13.6m on last year.David Sedgwick, Clarke Willmott’s managing partner, admitted that his firm’s increase in turnover is fairly low, but he put it […]

Half of US top earners in profits limbo

Only half of the US 10 most profitable firms increased their average profits per partner last year, despite an incredibly busy year for deals. Figures compiled by The American Lawyer show that only five of the 10 leading firms by profits per partner saw partners earning more in 2000 than in 1999.Profits at New York […]

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