Herbies China chief quits for Credit Suisse

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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 […]

Recommended

Simmons and Ogier act on AbCap restructuring dispute

Simmons & Simmons and offshore firm Ogier have landed lead roles on a dispute between beleaguered hedge fund Absoute Capital (AbCap) and a group of its investors. Simmons is advising an action group of AbCap investors who are disillusioned with the AIM-listed company’s proposals for restructuring some of its illiquid funds. Following the shock departure […]

Freshfields, Norton Rose pitch in to Middle East peace process

Norton Rose pitch in to Middle East peace process” />Freshfields Bruckhaus Deringer and Norton Rose have advised on a $238m (£116.63m) investment deal that could bring the Middle East peace process one step closer to settlement. The firms, working on a pro bono basis, advised on a framework that will allow US agency Overseas Private […]

Schroders’ mull lull

Schroders clearly works to the theory that slow and steady wins the race, having taken forever with its latest panel review. The review, launched at the beginning of the year, is yet to be completed. Corporate general counsel Nick Evans said that, while the review is a gradual process, the in-house team is hoping for […]

Weapons of class disruption

Tulkinghorn’s school days were a stiff mixture of rum, buggery and the lash. Sometimes all at once. But he opines that these days it seems our children have it a lot easier. Lawyers at Orchard Brayton Graham would think the same. They have been representing a 12-year-old boy charged with grievous bodily harm after he […]

Weapons of class disruption

Tulkinghorn’s school days were a stiff mixture of rum, buggery and the lash. Sometimes all at once. But he opines that these days it seems our children have it a lot easier. Lawyers at Orchard Brayton Graham would think the same. They have been representing a 12-year-old boy charged with grievous bodily harm after he […]

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