Herbert Smith hires Coudert Bros competition specialist

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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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Regions to be cheerful

The scenic route to partnership. By Clio Demetriades Over the past decade, the decision to leave the City for regional practice has been gaining respectability. One of the ways in which the offering of legal services has changed since the early 1990s is the emergence of strong and growing corporate-branded commercial firms in the regions, […]

FSA plans for higher legal costs as more rulings are challenged

The Financial Services Authority (FSA) expects to increase its external legal spend again next year after more than doubling its budget for external enforcement to £5m for the 2004-05 financial year. A spokeswoman for the FSA said that the financial services regulator predicted that the costs of external legal consultants and QCs would jump even […]

Zurich cost-cutting sees global review of advisers

Insurer Zurich has launched a global review of its external legal services in a move to rationalise its legal spend and will form its first official panel of preferred advisers as part of the process. The review, which relates to the company’s corporate legal advisers and not its claims panel, which was reviewed in 2003, […]

CMS Hasche Sigle courts Norton Rose Cologne

Norton Rose’s Cologne office appears to be on the verge of joining CMS Hasche Sigle. It is understood that CMS Hasche Sigle is conducting due diligence on the office, the former Cologne branch of Gaedertz which joined Norton Rose in 2000. According to German legal magazine Juve, at this stage it is not clear if […]

Former CC litigation head joins pals at Brick Court Chambers

The Bar has scooped one of its most high-profile recruits from the other side of the profession to date, with Brick Court Chambers securing the services of former Clifford Chance head of litigation Tony Willis. Willis, who joins the top commercial set next month, is one of a growing number of senior solicitors to switch […]

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