In brief: Double achievement for Marsons

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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

Canadian firm powers to success in Hungary

CANADIAN firm Stikeman Elliott has successfully completed a US$1.3 billion Hungarian electricity privatisation operation. The practice, which opened an office in Budapest in 1993, believes the privatisation is one of the largest yet to take place in Central and Eastern Europe. Under the privatisation scheme, the Hungarian Privatisation and State Holding Company sold off a […]

Euthanasia/remedies. The licence to clamp comes up for renewal

The ‘Denver Boot’, or car clamp as it is known in more polite circles, is the curse of motorists. Originating in the US, car clampers have been active in the UK for more than 10 years, unabashed, unregulated and unchallenged. But all this changed in the Court of Appeal on 30 November 1995. It started […]

Litigation Writs 23/01/96

A woman injured in a road accident has issued a writ claiming damages from Judge Peter Clark, of Devereux Court, London WC2, Denise Kingsmill, of 5 Chancery Lane, London WC2, and solicitors DJ Freeman & Co, of Fetter Lane, London EC4. Victoria Griffen alleges breach of contract, breach of duty, and negligence in the giving […]

Linklaters gets Woolwich deal

Linklaters & Paines is advising the Woolwich Building Society on its plans for conversion to plc status and London Stock Exchange listing. Woolwich is the UK’s third-biggest building society with assets of about £28 billion, 12 operating subsidiaries, over three million investors and more than 550,000 borrowers. Heading Linklaters’ team are partners Jeremy Skinner and […]

Future faces of finance

The consensus of solicitors canvassed is that London is the place to find a banking specialist. The area is seen as reasonably buoyant, although one senior litigation partner at a top 10 City firm commented “it seems that the juniors are just not coming through”. “We are tending to do more and more advocacy in-house, […]

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