Hill Dickinson celebrates Maersk’s Liverpool relocation

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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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Colt kicks off hunt for Euro advisers

Colt Telecom has begun the search for new legal advisers to work across its European network. The telecommunications provider ;already ;has ­preferred firms in each European jurisdiction, but is planning to hire sole advisers for employment, regulatory and commercial work across the region. Colt has also reduced the number of suppliers it uses in each […]

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Indian market proves a tough nut to crack for non-domestic players

Despite Western law firms’ continued presence in the country’s deals tables, their influence may be on the wane. India’s corporate M&A market has traditionally been dominated by a few elite law firms, with local heavyweights Amarchand & ­Mangaldas & Suresh A Shroff & Co and AZB & Partners among them. For new entrants, getting a […]

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Salans muscles in on Olswang’s US friend

Greenberg to step up international drive with closer ties to European giant Olswang’s US friend” />Olswang’s relationship with US alliance partner Greenberg Traurig is being challenged ;as ;the ;Miami-­headquartered firm looks to expand its international ­coverage via closer ties with European firm Salans. Greenberg, ;which ­accesses the Italian market through an alliance with local firm […]

Slaughters bites the bullet with new fee structures

Hourly rates a thing of the past as elite firm joins the rank and file and offers clients ‘value billing’ Slaughter and May has modified its billing practices to embrace discounts and fixed fees, as in-house lawyers hike the pressure to abandon hourly rates. The firm now mainly uses ‘value billing’, whereby an estimate is […]

Revenue and profit down at Dechert

Dechert today unveiled its financial results for 2008, with the US firm posting reductions in both turnover and average profit per equity partner (PEP). Total revenue at the Philadelphia-headquartered firm fell 2 per cent to $816m while PEP was down 9 per cent to $2.14m. Pointing to the world economic slump that gathered pace in […]

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