OFT escalates banking investigation

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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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Ashurst boosts Paris with Orrick hire

Ashurst has bolstered its Paris office with the hire of energy finance partner Sylvie Perrin from Orrick Rambaud Martel. Perrin joined the firm’s Paris arm on 16 April, having left Orrick Rambaud Martel on 13 April after negotiating her release from a three-month notice period. Orrick Rambaud Martel has seen a steady flow of partners […]

Kraft adds finishing touch to in-house IP team with raid on Howrey

Kraft has scooped promising associate Calum Smyth from Howrey’s London office to complete its new in-house patents team. Smyth will be Kraft’s patent chief in Europe and will manage the company’s portfolio across the EU. Smyth’s role will cover the full range of patent work, including handling patent oppositions in the European Patent Office and […]

Lovells shrugs off defection to land BNP Paribas case

Lovells is advising BNP Paribas on its defence of allegations over sex discrimination despite losing key employment partner Lisa Mayhew to Jones Day last year. Mayhew was the lead partner who won the high-profile sex discrimination battle for Merrill Lynch against former employee Stephanie Villalba in a potential claim of £7.8m. She was also a […]

DWF snares Cobbetts family law team

North West firm DWF has hired the entire family practice team from Cobbetts. North West firm DWF has hired the entire family practice team from Cobbetts. Partners David Pickering, James Maguire and Lesley Smythe, joined by eight associates, will officially start working at DWF on 14 May. The move follows DWF’s merger with Ricksons in […]

Hook, line and sinker

Tulkinghorn has been asked to point out that the recent diary piece (9 April) about the launch of a new sports law boutique by a group of Bird & Bird partners, Hunter Shooter & Fisher, was in fact a joke. Not true. Fallacious. The request came from one of the individuals involved following numerous calls […]

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