Hammonds partner profits suffer an 18% hit as loss of insurance team bites into turnover

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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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Cobbetts ramps up banking with double hire

Cobbetts has boosted its banking capability in Leeds with the hire of two new partners. Real estate finance expert Tracy Hall joined the firm from Eversheds’ Leeds office in April, while former Addleshaw Goddard corporate banking partner Richard Berry is set to join later this month. The hires bring the number of partners in Cobbetts’ […]

Dewey gets private equity back on track

Dewey Ballantine has poached Norton Rose corporate partner Markus Federle, who will restart its private equity push following the departure of the founder of the firm’s German practice Geza Toth. Federle, a rated corporate and private equity lawyer, has not been put on gardening leave from Norton Rose and joins Dewey’s Frankfurt office this week. […]

Ashurst to replace Freshfields on Green’s M&S bid

Ashurst is taking over Freshfields Bruckhaus Deringer’s role as Philip Green’s adviser on the bid for Marks & Spencer. The decision was made as an injunction barring Freshfields from acting for Green on the takeover due to concerns over pot… Ashurst is taking Freshfields Bruckhaus Deringer‘s place as Philip Green’s adviser on the bid for […]

Nomura looks to Wragges for new hire

Japanese investment bank Nomura has tapped Wragge & Co’s corporate team for a new addition to its asset finance group. Nick Smith, who has been a partner at Wragges for five years and with the firm for a total of 14 years, is joining Nomura in a newly created non-legal role as part of the […]

WongPartnership targets arbitration with key hire

Singapore’s WongPartnership is kick-starting its Chinese dispute resolution practice with the appointment of the former executive director of the Singapore International Arbitration Centre. Ang Yong Tong will join the firm’s fledgling Shanghai office as a partner today (1 June) and will be responsible for setting up Wong Partnership’s Chinese dispute resolution practice. WongPartnership launched a […]

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