Leboeuf handed advisory role on Telefónica debt refinancing

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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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Big Jack signs breasts as Joe Cole gives his best

It was the best night of the World Cup yet – off the pitch at least. Law firms were putting on some cracking parties, and everyone went nuts for Joe Cole’s screamer. Tulkinghorn found himself rubbing shoulders with the A-list at Hush bar in Mayfair – well, ok so the A-listers weren’t there last night, […]

Lords scraps PI claim time limit

The House of Lords has overturned the law on time limitations for personal injury cases, reversing a previous Lords decision that had stood for 25 years. The Lords reversed the Walkley v Precision Forging decision of 1979, meaning the Court of Appeal can now use its discretion in applying a three-year time limit on personal […]

Wham! bam, thank you man

Tulkinghorn’s scribes were delighted to be guests of DLA Piper Rudnick Gray Cary and Lovells at the annual property industry karaoke night, Party Near the Park. DLA Piper head of property David Taylor did his best impression of the firm’s Man in Havana, donning a natty mustard safari suit, although he blew the effect somewhat […]

Arcelor-Severstal merger hits a bump

Tensions are brewing over steel giant Arcelor’s conduct in its proposed merger with Russia’s Severstal – and Allen & Overy (A&O) and Skadden Arps Slate Meagher & Flom are both at the heart of the action. Not only are shareholders mounting opposition to Arcelor’s E6.5bn (£4.43bn) share buyback scheme, but they are also voicing discontent […]

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