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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 […]

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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FSB recognises Bermuda, BVI and Cayman for strong adherence to regulatory standards

The Financial Stability Board (FSB) has named Bermuda, the British Virgin Islands (BVI) and the Cayman Islands to its list of jurisdictions demonstrating sufficiently strong adherence to regulatory and supervisory standards on international co-operation and exchange. In a report released last month, the FSB provided an update on its initiative to encourage global adherence to international standards, focusing on […]

ThinkHouse podcast: September 2013 — the pros and cons of cloud services

In this ThinkHouse podcast from Wragge & Co, parter Sally Mewies talks to Michael Luckman about the pros and cons of cloud services. If you are registered and logged in to the site, click on the links below to listen to the Wragge & Co podcast or read the transcript. If not, please register or […]

Allen & Overy’s index reveals uneven recovery in M&A markets

Allen & Overy’s latest M&A Index has revealed that the recovery in M&A activity predicted at the beginning of 2013 has failed to materialise. According to the index, figures are down; however, a deeper analysis reveals new pockets of activity emerging:  The US continues to be the most active M&A market Spain shows signs of […]

Plenum of Higher Arbitrazh Court clarifies certain issues of D&O liability

On 20 August 2013, the Higher Arbitrazh Court of the Russian Federation (VAS) published Plenum Ruling No. 62 of the Higher Arbitrazh Court dated 30 July 2013 on Certain Issues Related to Indemnification by Persons who are Members of Corporate Bodies on its official website. The ruling provided the arbitrazh courts with clarifications on a […]

Barclays bags Lloyds’ legal head

Last November we pointed out that Lloyds Banking Group (LBG) had seen more bombshells than an EastEnders Christmas special. If you need reminding why, 2013 alone saw the bank look to outsource teams to legal advisers, merge other in-house functions and make a number of senior legal management moves. Order them a double shot of […]

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