Macfarlanes bags 3i deal for Bestinvest

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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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Call to bar will not be deferred until pupillage complete, says BSB

The Bar Standards Board (BSB) has rejected proposals to defer call to the bar until after a barrister has completed pupillage. The move comes following a 12-month consultation, which was undertaken to address fears that the public might be misled about the status of practitioners. Currently lawyers can describe themselves as a barrister once they […]

1

Monckton forces Euro Commission into £30m payout to UK workers

MONCKTON Chambers has scored a victory at Luxembourg’s Court of First Instance (CFI) that will see the European Commission pay out almost £30m in damages to UK workers. More than 100 contractors at Joint European Torus (Jet), the EU’s largest nuclear fusion research project, brought claims against the Commission under two linked cases, Eagle & […]

FSA and industry define RSP credo

THE FINANCIAL Services Authority (FSA) has released its guidance on provider and distributor responsibilities just days after an alliance of industry bodies launched its retail structured products (RSPs) principles last week (10 July). The FSA’s guidance rules fit within its ‘Treating Customers Fairly’ initiative, which aims to provide customers with a high level of service […]

People

•Morrison & Foerster has appointed tax practitioner Michael Frank as a partner in its Palo Alto office. Frank was previously a partner at DLA Piper. •Offshore firm Harneys has hired Marco Martins as a senior associate to head its Latin America practice. Martins joins from Norton Rose, where he was client knowledge counsel and co-manager […]

No5 seals tie-up with City’s sole China firm

NO5 CHAMBERS has launched a groundbreaking exclusive alliance with the only Chinese law firm operating in London, Zhonglun W&D. Birmingham-based No5 and Zhonglun commenced tie-up negotiations in March, a month after the Chinese firm opened its London office. The deal will see Zhonglun refer all its work exclusively to the 170-barrister set. Practice director at […]

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