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Latest Briefings

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 […]

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 […]

Recommended

Advice on introducing performance-related pay for teachers

The Department for Education (DfE) has released its draft School Teachers’ Pay and Conditions Document 2013 (SCTPCD). The SCTPCD provides a number of changes in relation to teachers’ pay, which will take effect from September 2013. In April 2013, to accompany the SCTPCD, the DfE provided departmental advice to school leaders, school teachers, governing bodies […]

Appropriation and relief from forfeiture

The Financial Collateral Arrangements (No.2) Regulations introduced a new means for a security holder to enforce its security in respect of financial collateral (meaning, very broadly, cash, shares and other financial instruments and credit claims). Provided the parties agree in the security document the remedy of appropriation will be available, the collateral taker may ‘appropriate’ […]

Further restrictions on local authority publicity?

The Department for Communities and Local Government has consulted on proposals to give more statutory force to the Local Authority Publicity Code. The Local Government Act 1986 requires an authority to have regard to the code in coming to any decision on publicity. It also separately gives statutory prohibition to publication of political publicity… If you […]

The Gym

New clients for Addleshaws and Hogan Lovells on £50m Gym deal

Addleshaw Goddard, Eversheds, Hogan Lovells and Travers Smith have advised on Phoenix Equity Partners’ £50m investment in low-cost gym operator The Gym. The business was previously owned by Bridge Ventures, which first invested in the company in 2007 and has retained a 25 per cent shareholding. Phoenix has acquired a 55 per cent equity stake […]

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