Lovells team reunited with DWS in Dubai

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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 […]

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Memery Crystal’s turnover up by 8 per cent

Memery Crystal has boosted its turnover by £1m this year to hit £13.9m, but average profit per equity partner (PEP) inched up by just £2,000 to £520,000 after a slower year on its key market, AIM. The revenue rise is equivalent to 8 per cent, but the final figures are yet to be audited because […]

Futures vision

Scotland is looking for alternatives to PFI and PPP funding and the Scottish Futures Trust could well be the answer, say Rhona Harper and Claire Donald On 3 May 2007 the Scottish National Party (SNP) claimed a narrow but historic victory in the Scottish parliamentary elections. To most lawyers in Scotland the change in administration […]

Football’s cash influx provides win-win situation for lawyers

Fans might find it nail-biting, but the lawyers are loving every minute. Fans might find it nail-biting, but the lawyers are loving every minute. This summer’s football transfer window has played host to a series of legal battles over player transfers as the complexity of player contracts increases. The final whistle is yet to blow […]

Latham makes its mark in Spain as Carlyle relationship pays off

Latham & Watkins has hit the Spanish market in style, advising private equity house Carlyle Group on its 1.5bn (£1.01bn) acquisition of engineering company Applus. The deal is the largest-ever private equity buyout in Spain and marks the arrival of Latham in the Spanish market. The firm launched its Madrid and Barcelona offices at the […]

Bakers scores second Arqiva deal in a week

Baker & McKenzie has secured its second contract this week for communications company Arqiva, advising on a deal with Digital 3 and 4. As reported on www.thelawyer.com (7 August), Bakers commercial partner Duncan Reid-Thomas led a team advising the company on a £500m contract to design, build and operate a national digital terrestrial TV network […]

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