McDermotts poaches IT specialist

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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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Baker & McKenzie loses sole derivatives expert

Baker & McKenzie is reeling after being hit with the loss of its second derivatives partner in less than a month. As exclusively revealed on The Lawyer website in December, Schuyler Henderson, a highly-rated derivatives and structured finance partner at Baker & McKenzie, is leaving the firm after 10 years to join Norton Rose. His […]

Movement at the bar

The true volatility of life at the bar was dramatically highlighted this week by the unprecedented event of five leading silks moving chambers. The departure of Sir Nicholas Lyell QC from Brick Court Chambers shows that not even the magic circle is secure from rival chambers poaching its leading barristers. Such movement, as well as […]

Unilever

Over the past year, ice cream has been the bane of Unilever’s life. The Anglo-Dutch consumer products group is being investigated by the Competition Commission over its alleged monopoly of the UK’s £600m impulse buy ice cream market. In July last year, the Competition Commission opened a debate on Unilever’s UK subsidiary Birds Eye Wall’s […]

Kennedys captures Edward Lewis team

The team includes three partners – Jane Smith, Kate Whitefield and Kieron West – who will join the 45-partner firm on 31 January following the dissolution of Edward Lewis’ partnership. Kennedys says it is gaining “a substantial proportion” of the insurance litigation business of Edward Lewis, including key clients such as Zurich/Eagle Star, for whom […]

Linklaters breaks $1 trillion mark

The firm alone – excluding other firms in the alliance – acted on deals valued at $1,064 billion (£648.7 billion) including $735 billion of M&A, $216 billion of capital markets and banking deals and $105 billion of project finance. The decision to lump together the different types of work to help meet the trillion-dollar target […]

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