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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 […]

Recommended

Dorsey adds Washington IP partner

Minnesota firm Dorsey & Whitney is adding a second intellectual property (IP) litigation partner to its Washington DC office in as many months. Mark Hogge is moving to the firm from Pepper Hamilton, a 350-lawyer practice based in Philadelphia. Hogge was chair of the patent litigation practice at Pepper Hamilton, and he follows Ralph Taylor, […]

Andersen Legal attacks Dutch Bar

Andersen Legal has sent a warning to the Dutch Bar by publishing a critical report on the bar’s ban of associations between law firms and accountants. The report, entitled “Fair Competition and the Practice of Law in The Netherlands”, was released at the International Bar Association (IBA) conference in Amsterdam on 22 September. It attacks […]

CADWALADER WICKERSHAM & TAFT

Number of insolvency partners in US: 10 Number of insolvency partners in UK: 2 Number of insolvency partners outside the US and UK: 0 Clients include: Credit Suisse, Deutsche Bank, DLJ, ING Barings, Lehman Brothers, Paribas and numerous hedge funds. Work: Advising the bondholder steering committee on the £150m restructuring of One Finsbury Circus; and […]

Bingham adds to NY capability

Boston firm Bingham Dana is taking on a finance partner from Mayer Brown & Platt to boost its New York practice. Scott Zemser does both banking and finance work, as well as workouts and restructurings. His financial institution clients include Société Generale, DLJ, ING Barings, Canadian Imperial Bank of Commerce, First Union and HSBC. Managing […]

Couderts hires for new media

New York firm Coudert Brothers has lured the managing partner of Preston Gates & Ellis’ Silicon Valley operation to its Northern California offices to build its technology, internet and new media group. Jim Topinka is a corporate securities specialist with a practice focusing on representing emerging companies in technology, manufacturing, retail and financial services. He […]

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