Norton Rose wins Taweelah B power plant work

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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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Hogan, Dundas team up on Savoy purchase

Washington DC’s Hogan & Hartson and Scotland’s Dundas & Wilson have worked together on a string of high-profile hotel deals, including the recent acquisition of the Savoy Hotel. Hogan client Kingdom Hotel Investment Group (owned by HRH Prince Alwaleed bin Talal bin Abdulaziz Al Saud) and Bank of Scotland Joint Ventures (BoS), advised by Dundas, teamed […]

The Lawyer global offshore report – Guernsey

During 2004, significant amendments were made to the Protection of Investors (Bailiwick of Guernsey) Law 1987 in order to prohibit market abuse. Statutory developmentsDuring 2004, significant amendments were made to the Protection of Investors (Bailiwick of Guernsey) Law 1987 in order to prohibit market abuse. The market abuse regime in Guernsey is now closely modelled […]

Deutsche shakes up UK panel

Deutsche Bank is to launch a review of its UK law firm panel for leveraged finance deals in a bid to slash its annual legal spend.It is understood that Deutsche will use the review to persuade external lawyers to write off legal fees more readily when a deal collapses. In the UK, Deutsche uses Allen […]

Shearman global profits steady as London powers ahead

Shearman & Sterling has recorded a 6.8 per cent increase in global revenues, with turnover reaching $780m for 2004. Sources within the New York firm report that turnover rose to $780m last year, up from $730 in 2003, with profits hovering at a provisional US$1.1m. The firm’s London office put in one of the best […]

White & Case tops US firms’ profits upturn in London

White & Case’s London office has claimed an astonishing 73.9 per cent profit rise in 2004, with several other US firms also reporting impressive year-end results for their UK outposts. The firm revealed that profit per equity partner has risen from $575,000 (£305,200) in 2003 to $1m (£530,000) in 2004. At the same time, it […]

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