Hengeler hikes newly qualified salaries

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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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Time trial

After 13 years of litigation, the BCCI liquidators’ case spectacularly collapsed. In its first interview, the Bank of England’s legal team relives the trial’s dramatic finale. By Joanne Harris When Freshfields Bruckhaus Deringer partners John Goddard and Philip Croall arrived at the Royal Courts of Justice on 2 November 2005, they expected a day much […]

Compagnoni arrival sees duo quit Weil for Dechert

Dechert” />Weil Gotshal & Manges has lost two corporate and securities partners to Dechert in a rejig of the corporate team following the trophy hire of Lovells partner Marco Compagnoni. Corporate partner Graham Defries and capital markets partner Wayne Rapozo handed in their resignations at Weil last Friday (12 May) and are expected to start at […]

Cleary calls time on its Japanese outpost

Cleary Gottlieb Steen & Hamilton has shut down its underperforming Tokyo office, bringing to an end the US firm’s 18-year local presence in Japan. The one partner, five fee-earner office closed officially at the end of April. All of the firm’s lawyers have left, with 56-year-old corporate partner Tsunemasa Terai retiring from Cleary to focus […]

CC and New Zealand’s Chapman Tripp cosy up with Tokyo corporate hire

Clifford Chance has strengthened its strategic alliance with New Zealand M&A firm Chapman Tripp by hiring star partner Paul O’Regan as its new head of corporate in Tokyo. O’Regan, who has been a partner with Chapman Tripp for 25 years, will relocate from Wellington, New Zealand, to take up a newly created post at the […]

Sidley aims to keep Sea Containers afloat

Sidley Austin has been brought in to advise troubled transport group Sea Containers on its restructuring. The London and US offices of the firm are acting for Sea Containers as the group struggles to stay afloat. Last month the company admitted that its accounts would pour doubt on its ability to remain a going concern. […]

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