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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 […]

Recommended

Lovells, Simmons miss out on HSBC global panel

Lovells and Simmons & Simmons have both failed to secure places on HSBC Holdings’ coveted global legal panel following the conclusion of the global banking giant’s review of external advisers. The review, which was kickstarted in August, has resulted in HSBC replacing its eight-strong London panel with a global panel comprising Allen & Overy, Clifford […]

Eversheds’ regulatory drive lures DLA trio

Regulatory partner Steven Francis and his team of three associates are leaving DLA for Eversheds, becoming the first lawyers to leave since the announcement of the firm’s three-way transatlantic merger with Piper Rudnick and Gray Cary Ware & Freidenrich. As a non-equity partner, Francis did not have a vote on the merger and expressed no […]

Silent partner

Even the biggest eejit knows that you have to give your boss notice when you’re leaving. Unfortunately this didn’t occur to a certain US partner when he left his extremely elite New York practice for a magic circle firm. Apparently this bright spark sent round an email telling his colleagues he was off, without actually […]

The Year That Was: Highlights of 2004

Helen Power, City editor We’re off to do our Christmas shopping now, but for those of you with 10 working days left before Christmas, here are our top 10 favourite stories from 2004. In January, we brought you the news that the great Nigel Boardman was stepping down as head of corporate at Slaughter and […]

Work-life balance: it’s all in the mind

Mental, physical and emotional wellbeing is key to getting the most out of your work life. By Keith Hatter The question of work-life balance for legal professionals often draws a wry smile. Long hours, preparation for client meetings and intense pressure to deliver with little or no margin for error are the realities of life. […]

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