McDermott takes lead role on E1.7bn Schmalbach takeover

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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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Thorn in my side

Andy Blake argues that first impressions are deceiving when it comes to Opra’s ruling in the Thorn pensions case The Occupational Pensions Regulatory Authority (Opra) recently ruled in a preliminary hearing that the £100m Thorn occupational pension scheme surplus be shared between the employer (now owned by Japanese heavyweight Nomura) and the scheme’s 30,000 pensioners.Much […]

Osborne Clarke recruits from Altheimer

Osborne Clarke has hired a corporate banking partner from Altheimer & Gray, just three months after losing one of its own partners to the US firm Corporate banking partner Brian Rutherford has swapped firms with former Osborne Clarke intellectual property partner Della Burnside, who went to Altheimer in the spring (The Lawyer, 25 March).Rutherford joins […]

Getting the message across

You don’t need to be a pensions expert to have got wind of the fact that UK pension provision, in line with most of Europe, is in something of a pickle The gap between the quality of life that people now expect to enjoy in retirement and the reality of what most current pensions will […]

Legal Widow

The barbecue season is upon us, and the Lawyer has been afflicted by feelings of deep inadequacy following his head of department’s summer garden party.At the very centre of the patio was the boss’s new six-jet gas barbecue monster, which makes a noise like Concorde revving up and has the same effect on sausages that […]

SJ Berwin and Dundas picked as fund advisers

SJ Berwin and Dundas & Wilson are set to benefit from a new £350m fund created by investment house Matrix Securities and Bank of Scotland to target higher-yielding properties The fund is designed to capitalise on the current hunger among private buyers for top-quality property investments.Matrix director Rob Randall said that the new fund would […]

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