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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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A sporting chance?

Sport is big business, and with the money has also come fraud. Michael Beloff QC and Brian Kennelly ask whether sporting bodies can keep pace with the cheats

Midlands firms go head to head over Birmingham site

A clutch of Midlands law firms are fighting over the same property in Birmingham. 1 Colmore Square will be completed in early 2004 and work will start to pedestrianise the area this October.The 193,000sq ft property will be rented out at £27.50 per square foot per year. It is understood that Pinsent Curtis Biddle, Martineau […]

Paragon completes £251m mixed-asset securitisation.

Lead manager Royal Bank of Scotland and trustee Citicorp advised by Herbert Smith. Paragon advised by Slaughter and May and Tods Murray and L’Estrange & Brett for the Scottish and Northern Irish aspects respectively.

Wind

According to Allen & Overy (A&O), it beat off competition from Clifford Chance and Linklaters & Alliance when it advised the lead arrangers on Wind’s first round of financing last year. The deal raised euro2.4bn (£1.45bn). It then advised the arrangers on Wind’s euro3.2bn (£1.93bn) financing for the universal mobile telecommunications system licence.Now Wind is […]

White & Case hires partner from De Bandt

White & Case is taking on a Linklaters & Alliance corporate partner in Brussels to spearhead the growth of a Belgian law transactional practice. Thierry Lohest is joining from Linklaters member firm De Bandt van Hecke Lagae & Loesch as White & Case’s first locally-qualified corporate partner in Belgium.Until now the practice has been based […]

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