Newcastle duo create planning outfit

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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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A&O boosts Bangkok with Norton Rose partner

Allen & Overy (A&O) has taken a Norton Rose partner for its Thailand office, making him counsel. Suparerk Auychai has banking and equity capital markets expertise and will join A&O’s 26-lawyer Bangkok office. Auychai was a partner at Norton Rose for two years, having been made up in 2005. Norton Rose is now left with […]

Bloxham case: Freshfields reveals £24m severance costs

Freshfields Bruckhaus Deringer chief executive Ted Burke revealed today that the magic circle firm spent £24m in severance payments to departing partners last year during the firmwide restructuring named ‘Size and Shape’. During the ongoing hearing of former insolvency partner Peter Bloxham, Burke told the employment tribunal that the firm had allocated the money as […]

Home Depot nabs Staples GC

US company Home Depot has hired former Staples general counsel Jack VanWoerkom as its new executive vice-president, general counsel and corporate secretary. VanWoerkom, who will be based at the company’s Atlanta headquarters, left his role as general counsel and corporate secretary at Staples in June to fill the post after general counsel Frank Fernandez stepped […]

CMS makes 22 redundant and sends IT offshore

City firm CMS Cameron McKenna is to slash its IT staff count by two-thirds as part of its plan to outsource more of its work. The firm has entered into a £10m ‘co-sourcing’ agreement with Indian firm HCL Technologies, which will see HCL providing integrated services, including data support, IT infrastructure management and application development […]

Addleshaws boosts infrastructure practice with Dundas hire

Addleshaw Goddard has hired former Dundas & Wilson banking and finance partner Rhodri Davies as a legal director in its London infrastructure and project finance practice. Davies joins new divisional managing partner (finance and projects) Richard Papworth in the City role. Davies has 30 years’ experience in infrastructure, acquisition, and asset and structured finance. Addleshaws’ […]

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