Haarmann divides legal and audit

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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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Foreign bodies

Offshore outsourcing is the biggest thing to hit the labour market for decades. But where trade unionists see a threat, lawyers see an opportunity. Jon Robins reports Does it matter that the person you talk to when checking your local train times is sitting at the end of a phone line in Bangalore or Bolton? […]

Boyes Turner revenues continue to rise

Reading-based Boyes Turner’s end-of-year results show that its impressive growth over the past five years has continued. Turnover is up 15 per cent, from £7.2m to £8.3m. Final profit figures are not available, but chief executive Andrew Chalkley said he was anticipating around £175,000 per equity partner. This would reflect a dip on last year’s […]

Orrick and Swidler to tie the knot in summer

Orrick Herrington & Sutcliffe’s merger with Washington DC’s Swidler Berlin Shereff Friedman is racing to conclusion, with a partnership vote expected before the summer. It is understood that the two firms’ management teams have agreed on all major terms of the merger, including who will lead the merged firms as well as practice and geographical […]

Travers Smith strengthens IPO standing

Travers Smith Braithwaite is consolidating its position at the forefront of the initial public offering (IPO) market, after advising on one of the first main market IPOs of the year, that of longstanding client Pinewood Shepperton. Pinewood Shepperton’s placing was oversubscribed at the offer price of 180 pence, giving the company a market capitalisation of […]

Speechly Bircham see income bounce back

Profits at Speechly Bircham have rebounded this year, rising by 10 per cent. Average profits per partner (PPP) reached £265,000 for 2003-04, in stark contrast to the 21 per cent decline in remuneration Speechly Bircham recorded in the previous 12 months. Although the firm is still to reach the heights it achieved in 2001-02 when […]

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