Linklaters tempts banking star from Lovells

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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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Nabarro Nathanson shuts door on final salary pension scheme

Nabarro Nathanson has closed its final salary pension scheme to future accruals in a bid to limit the firm’s future pensions liabilities. The scheme, which was closed to new entrants in July 2001, has now also been closed to all future accruals after the firm identified that the scheme’s deficit was growing. Senior partner Simon […]

BLP drafts in MacGregor to lead high-end property drive

£800,000 deal convinces CC real estate star to head jaded team. By Gemma Westacott Berwin Leighton Paisner (BLP) has got a few people scratching their heads with the hire of Robert Mac-Gregor, who joins from Clifford Chance as the firm’s new head of real estate. After spending months denying that the firm was searching for […]

Orrick emerges victorious from Texas asbestos showdown

Orrick Herrington & Sutcliffe has won a landmark $1.3bn (£710m) asbestos case for client Union Carbide. The US chemicals giant, which was a major producer of asbestos, brought in Orrick to replace Kelley Drye & Warren as its national counsel in spring 2002. Orrick acts as the company’s national litigation counsel, coordinating all disputes and […]

Mediation puts paid to two major film finance disputes

Teams of lawyers have been left with empty diaries after two film finance cases – widely believed to be two of the largest of 2005 – have settled. Both would have taken up around 50 weeks of Commercial Court time and the lawyers involved would have collectively earned a similar sum to the £50m at […]

Libyan oil stocks become next big pull for law firms

Ashurst, Baker Botts, Eversheds, Norton Rose gear up – but where is Clyde & Co? With energy lawyers’ attention shifted away from Iraq in the wake of ongoing hostilities, focus is now turned to four basins in Libya: Murzuk, Ghademes, Sirte and Cyrenaica. Exploration rights for the massive oil stocks in these basins are the […]

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