Morgan Lewis set to pay UK lawyers at US rates

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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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SJ Berwin hires financial expert

City firm SJ Berwin has appointed a financial services high flyer to advise its clients on new regulations. Glenda Davies was formerly director of regulatory policy at the non-governmental regulatory organisation the Securities and Futures Authority (SFA), and has helped to draft many pieces of financial legislation. SJ Berwin believes she is the first internal […]

IT unlocks doors for conveyancing

The Government’s consultation paper in support of its manifesto promise to abolish gazumping has now been published. We know that legislation will be brought into effect probably at the beginning of the next Parliament in 2001 or there about. Many people are already working on the development of a seller’s pack concept and there is […]

Litigation Personal Injury 6/12/99

Bobby Corbett v (1) Dr Maloney (2) Basingstoke & North Hampshire Health Authority (1999) QBD (Gray J) 1 November 1999 Claimant: Male, newborn at date of accident; eight years old at date of settlement. Incident: The claimant was diagnosed with cerebral palsy after his premature birth in 1991, allegedly as a result of the hospital […]

Digests

CMS Cameron McKenna’s European strategy has suffered a setback after the withdrawal of Swedish member firm Tisell & Co. Tisell was a founder member of CMS. But it now intends to join the legal and consulting arm of Ernst & Young. The 13-partner firm plans to merge with Ernst &Young’s Swedish legal, tax and consulting […]

City firms advise on £1.9bn power sale

Allen & Overy, Norton Rose and Linklaters & Alliance have completed work on US power company AES’ £1.9bn acquisition of the Drax power station from National Power. A&O acted for the lead loan arrangers, The Chase Manhattan Bank, the London branch of Deutsche Bank AG, and Industrial Bank of Japan on the deal, which was […]

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