OFT report encourages public access to barristers

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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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Banking pair leave Eversheds ahead of closure at Bristol…

Eversheds is losing two banking litigation partners from its Bristol office before it shuts in May. Peter Fisher-Jones will become the head of litigation, a newly created post, for Citibank and the investment bank arm Schroder Salomon Smith Barney, after working on secondment at Citibank since October. Osborne Clarke OWA is taking on Nicolas Mehlig […]

Watson Farley New York trio leaves for King & Spalding

Watson Farley & Williams’ New York office has lost half its finance partners to US practice King & Spalding. The departures come only weeks after merger talks between Watson Farley and US firm Hunton & Williams fell through for the second time (The Lawyer, 8 January). The three, Philip Spector, Raymond Simon and Caryn Hemsworth, […]

LEGAL WIDOW

“Stick your tongue out, Liability,” I say. She shakes her head no. “Daddy’s got to go to work. Come on, open your mouth.” More head shaking. “I’m going to turn you upside down and jiggle you about until your head falls off, and then I’ll get it.” More head shaking, but the unmistakable start of […]

OFT investigatory powers prompt Transco to launch regional panel

Transco is setting up a regional panel to deal with the new investigatory powers of the Office of Fair Trading (OFT) under the recently introduced Competition Act 1998. Under the act, which was brought into force on 1 March 2000, the director general of the OFT has powers to investigate suspected breaches. Under these powers, […]

Flexible working case study

Elaine Bradley, head of tax at US law firm Dorsey & Whitney, has a very flexible arrangement with her employer. Not only is she allowed to work from her Oxford home when she is not required at the firm’s London office, but she also spends one day a week running her own internet company Byabiz.com. […]

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