Hogan Lovells picks up Eversheds’ former ally for Jo’burg entry

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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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Multinationals take note: Baucus releases US international tax reform proposal

By Evan M Migdail, Linda E S Pfatteicher and Witold Jurewicz Senate Finance Committee chairman Max Baucus (D-Montana) has released the first of a coming series of detailed tax-reform proposals, this one on international tax. Baucus also released proposals on tax administration and simplification. He is set to release further proposals on cost recovery and tax accounting issues […]

With new law, Mongolia opens to investors

By Stewart K Diana and Battushig Batsuren The Great Hural, Mongolia’s Parliament, has ratified a new investment law, already in effect since 1 November, that dramatically alters the investment landscape in Mongolia. ‘The new investment law is one of the first steps in reversing the current slowdown of Mongolia’s economy and increasing the inflow of […]

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HSF sees bulk of legacy Freehills team walk out in Singapore

Herbert Smith Freehills (HSF) has seen the majority of the legacy Freehills Singapore team exit the Singapore office a year after the firms merged, with former Freehills Singapore managing partner John Dick the latest to quit the office. Singapore is the only jurisdiction where both legacy firms had an office. Following the October 2012 merger, […]

Future of Financial Advice series: ASIC’s new powers

This update is intended as a general overview, targeted specifically at claims officers and underwriters of insurers of professionals required to comply with the Future of Financial Advice (FOFA) reforms. The Australian Securities and Investments Commission (ASIC) has now increased powers to protect the public and reinforce the integrity and reputation of the financial services […]

royal courts of justice

2014’s Top 20 Cases: looking back on 2013

What happened to 2013’s cases to watch? Of the 20 cases listed as ones to watch by The Lawyer in January 2013, eight received judgment, five are ongoing and seven settled. Here’s a snapshot of the corkers. The multimillion-pound dispute between Britain’s richest man Lakshmi Mittal, CEO of ArcelorMittal, and rival Manmohan Varma saw the […]

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