JPMorgan GC takes Emea role following internal revamp

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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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The bank that likes to say yes

It was Trustee Savings Bank, the forerunner of Lloyds TSB, that in 1984 styled itself as “the bank that likes to say yes” in one of the most 80s-style TV adverts you’re likely to find. The TSB brand has gradually slipped away from Lloyds since the two merged in 1995 to form Lloyds TSB. Lloyds […]

9

Slaughters to part company with 41 secretaries at end of consultation

Slaughter and May is set to axe 32.7 full-time equivalent (FTE) jobs in its secretarial team after finalising a round of redundancies. A total of 41 secretaries have chosen to take voluntary redundancy, which includes a redundancy pay package, while approximately three to four in the evening team are being asked to exit the firm […]

1

Minster and Optima top UK200 debt charts

Minster Law and Optima Legal have emerged as the two firms with the highest reported level of borrowings in this year’s The Lawyer UK200. Last year Minster’s turnover was £104.1m. The Lawyer can reveal that at the end of the last financial year it had total borrowings of £69m. At Optima the proportionate debt levels […]

2

Government rejects judicial demands for costs council

The government has rejected Lord Justice Jackson’s proposals for a costs council despite senior judges calling for the end of the hourly rate. Justice minister Helen Grant said yesterday that the Advisory Committee on Civil Costs (ACCC) set up in 2007 to advise on costs issues was to be disbanded with its responsibilities transferred to […]

Couchmans scores former Fifa lawyer

Sports-law boutique Couchmans has hired the former head of disciplinary and governance at football’s world governing body, Fifa, as a consultant. Paolo Lombardi, who is qualified in Italy, first joined Fifa in 2002 from Deloitte. At that time he was a legal counsel and rose to become head of its disciplinary and governance department in […]

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