Long Island firm tells workers to blow their bonuses to prop up the ailing US economy

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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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Firms work around the clock to help airline crisis

Barlow Lyde & Gilbert joined magic circle firms Allen & Overy (A&O) and Freshfields Bruckhaus Deringer in last weekend's emergency negotiations to provide temporary insurance cover for UK airlines against risk of terrorist attacks.

Live and learn

NYLS learned so much from Eversheds on its first PFI that it didn’t bother with an outside law firm a second time. Vanessa Pawsey asks head of legal Richard Daly how he does it It is unusual to hear clients saying that they learn from law firms, but that is precisely what North Yorkshire Legal […]

Hammonds' Manchester office signs KMS company secretary

Hammond Suddards Edge has taken on Knowledge Management Software’s (KMS) company secretary Tim Jackson-Smith as a partner in its Manchester-based corporate finance group. Jackson-Smith, who had a broadly non-legal role at IT company KMS, was a corporate partner at Halliwell Landau prior to his move to the software company in 2000. His move is expected […]

Lady of little leisure

Four kids, listed buildings and a law firm. It’s not a title for a sitcom – it’s Lovells’ recently re-elected managing partner Lesley MacDonagh’s life Lesley MacDonagh is one of those people who unintentionally makes normal mortals feel as dynamic as the average pot plant. She has just been re-elected for her third term as […]

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