In brief: Med neg work to be restricted to franchisees

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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

English law repo market under threat

A looming rift between two capital markets regulators is threatening the position of London as the centre for resolving disputes in repo transactions. The row concerns the standard contract used to govern repo market deals. The International Securities Market Association (ISMA), with some 770 corporate members in 51 countries, believes that its own six-year-old master […]

Flotation

Mark Noble of Eversheds acted for Policy Master on its £21m flotation on the Alternative Investment Market. Fabrizio Carpanini and William Sharpe of Berwin Leighton advised shareholder Gresham Trust and Dibb Lupton Alsop advised sponsor Williams de Broe.

Birmingham unfazed by Ansbacher pull-out. edited by Robert Lindsay

Birmingham’s corporate lawyers say the departure of the corporate finance arm of merchant bank Henry Ansbacher from the city is a “sad day for Birmingham”. But they claim not to be worried about loss of work since much of the service merchant banks once provided in the city is now handled by the big five […]

Taking the Mickey?

In the press release announcing EuroDisney as a venue for the Law Society’s Annual Conference 1999, Barbara Cahalane, director of communications, said: “It will enable the Law Society to organise a serious conference which will also be great fun.” This venue may have advantages but there are many disadvantages, Of the four “innovations” by the […]

Rights of audience are a Holy Grail

The Lord Chancellor’s recent consultation paper contemplates all solicitors having full rights of audience on qualification. A death-knell for the Bar? Well, hardly. The realities of training, cost and attitude appear to favour the status quo. According to the rules of professional conduct, solicitors must consider whether they have sufficient experience or competence before appearing […]

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