Herbert Smith keeps the rain at bay with new bridge

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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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The phone home

The Nordic telecoms market continues to be particularly mobile. Henrik Nilsson provides the lowdown The Nordic telecoms market resembles similar markets in many other countries. It is dominated by the established incumbent telecoms operators, although these are under competitive pressure from latter-day arrivals (more often than not another country’s incumbent). It is also in a […]

Norr Stiefenhofer targets Slovakia for office opening

Germany’s Norr Stiefenhofer Lutz is widening its Central and Eastern European (CEE) spread by opening a Bratislava base. The office in new EU member state Slovakia’s capital is the firm’s sixth in CEE and has been set up to take advantage of the region’s increasing draw for outside investment due to favourable labour costs and […]

A word from the wise

A blast from the past this week from Fladgate Fielder, where chairman Paul Leese was reminiscing about the good old days at the West End firm. Leese, who celebrates his 30th year at Fladgates this year, recalled how he attended a cocktail party in his early days and saw a lawyer approach the legendarily straight-talking […]

Maitland barrister defects to XXIV Old Buildings

Maitland Chambers has been hit with a rare departure as a senior trust barrister makes a move to XXIV Old Buildings. David Brownbill is set to join his new set today (2 August). He recently acted on one of the world’s largest fraud cases, the Grupo Torras litigation, and is an attorney of the Turks […]

Clayton Utz scoops Paul Weiss partner

Australia’s Clayton Utz has bolstered its corporate and TMT expertise after tempting a Hong Kong-based partner from New York law firm Paul Weiss Rifkind Wharton & Garrison’s back to Sydney. Corporate and TMT expert Michael Reede, who has been a partner in Paul Weiss’s Hong Kong office for the last four years, is returning to […]

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