McDermott kicks off restructuring focus

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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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LeBoeuf raids Camerons for Moscow disputes head

The volatile Russian market sees another defection today with LeBoeuf Lamb Greene & MacRae picking up a new regional head of dispute resolution from CMS Cameron McKenna’s Moscow office. Sergei Volfson will join LeBoeuf as counsel, heading up the Russian and CIS dispute resolution practice. His hire is a boon to LeBoeuf, which has lost […]

UK spies sued over Guantánamo abuses

Niche law firm Christian Khan today (12 September) set the wheels in motion for a British man who was held in Guantánamo Bay to sue the MI5 and MI6 over the tactics they used to gather intelligence. Christian Khan has brought the civil case on behalf of Tarek Dergoul, who claims he was repeatedly tortured […]

Freshfields, Norton Rose and Macfarlanes steer D&G take-private

Freshfields Bruckhaus Deringer, Norton Rose and Macfarlanes have secured the UK’s first major public-to-private takeover since a global credit crunch hit the debt markets last month. The firms all scored major roles in the £524m takeover of Domestic & General Group (D&G), a FTSE250 company up until now. The deal was announced this morning. Freshfields […]

Dewey hires property in-houser for US finance group

Dewey Ballantine has poached former deputy general counsel of US property developing company KB Home for its global finance group. Charles Carroll will join the firm as partner in New York to work alongside department head Richard Shutran. Shutran said: “Charlie is highly regarded in the institutional finance community. Clients as well as lawyers at […]

Davis Polk strengthens Paris with hire of Jeantet chief

Davis Polk & Wardwell has bolstered its corporate practice in Paris with the hire of Jeantet Associes managing partner Georges Terrier and corporate partner Christophe Perchet. Terrier was managing partner at French independent Jeantet for seven years prior to joining Davis Polk, while Perchet spent six years as partner there after joining from Freshfields Bruckhaus […]

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