Ince takes WFW shipping finance partner

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Navigating a new reality in the client-empowered era

To thrive in the new era of the empowered client, law firms must make investments designed to modernise the way they run their firms and service their clients. This requires changing culture, developing new competencies, and operationalising new ways of working. Innovative technologies are key enablers to accelerating rms’ transformations in these areas. New research […]

Procurement and state aid update: preparing for 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 […]

Data protection: 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 – CoA

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 […]

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Orrick doubles Paris headcount with Rambaud tie-up

Orrick Herrington & Sutcliffe last week (30 November) finalised its merger agreement with French independent Ram-baud Martel in a deal that will see 18 Rambaud partners join the US firm in January. The merger comes after raids on Rambaud by Proskauer Rose and Reed Smith earlier this year. Proskauer picked up six partners, while Reed […]

Loyens targets Chinese market

Benelux giant Loyens & Loeff has ramped up its focus on China with a series of seminars targeting inbound Chinese instructions. The first was held over the summer and the latest was in Shanghai and Beijing on 24 and 25 November respectively. Titled ‘How to minimise your global tax burden’, the seminar was hosted in […]

Slaughters picked by Brambles

Slaughter and May has scooped an instruction over Freshfields Bruckhaus Deringer to advise Australian logistics operator Brambles Industries on its plan to quit the London Stock Exchange and release at least A$2.8bn (£1.2bn) to shareholders through share buybacks. Brambles is a regular client of Freshfields, but Slaughters won the lead UK advisory role after the dual-listed […]

Nauta breaks lockstep for stars and underperformers

Nauta Dutilh is to radically overhaul its lockstep system in an attempt to increase significantly the compensation it can offer its top-performing partners. Last week the partnership voted by a three-quarters majority to introduce a system by which underperforming partners can be docked equity points. The firm is expected to ratify the introduction of a […]

Weil boosts Paris finance with senior A&O hire

Allen & Overy (A&O) is losing its Paris leveraged finance head Jonathan Nabarro to Weil Gotshal & Manges. Nabarro, who joined A&O in May 2004 from Ashurst, is to jointly head up Weil’s French banking and finance practice alongside Emmanuel Ringeval. He advises on a wide range of finance work including asset, structured and project […]

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