Judgment Call 16 September

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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 […]

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 […]

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Hogan Lovells
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Hogan Lovells to review stress management in wake of partner’s suicide

Hogan Lovells has pledged to examine its policies and procedures around workplace stress and mental health in the wake of the death of IP partner David Latham earlier this year. The inquest into Latham’s death opened yesterday (12 September) at Westminster Coroner’s Court. The Hogan Lovells partner threw himself under a tube train on 15 […]

Barclays

Freshfields among firms to win role on Barclays’ £5.8bn rights issue

Clifford Chance, Sullivan & Cromwell and Freshfields Bruckhaus Deringer have taken lead roles on Barclays’ bumper £5.8bn rights issue – the world’s largest rights issue by a bank since 2009. The cash call follows demand from the Bank of England’s Prudential Regulation Authority that Barclays find £12.8m to cushion the high street bank against potential […]

London
10

​Cadwalader’s City growth spurt continues with Mayer Brown double hire

Cadwalader Wickersham & Taft has ramped up its London asset-backed securitisation team with the hire of two partners from Mayer Brown into its global capital markets practice. The hire of US securitisation and structured finance partners Bruce Bloomingdale and Jeremiah Wagner from Mayer Brown’s London office comes a year after Cadwalader made an earlier raid […]

Court

MoFo bats off £1.4m High Court negligence claim from energy client

Morrison & Foerster (MoFo) has successfully defended a professional negligence claim in the High Court brought against it by energy investment company Petrocapital Resources over a share transaction. The case, heard by Exchange Chambers’ Mark Cawson QC sitting as a deputy High Court judge, centred on the alleged failure by Morrison & Foerster partner Edward Lukins […]

London

Gunnercooke expands in London with partner quartet

Manchester firm Gunnercooke has expanded its London base with the addition of four partners hires following a recruitment drive in the City. The four corporate partners include former K&L Gates partner Peter Davis; Alistair Crellin, who until 2010 was partner with Bird & Bird; partner Tim Drake from MJ Hudson and Matthew Searle who joins […]

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