Opinion: FSA bonus code puts spotlight back on banks

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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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School scraps

The College of Law and BPP Law School are famed for their rivalry. But what started off as the odd skirmish has turned into outright war. As we reported on Monday the College has announced plans to launch a branch in Bristol in September 2010. Indeed, as predicted, BPP wasn’t just going to roll over […]

1

Barclays severs Links from three panels

Linklaters has been dropped from three Barclays panels a year after siding with the bank in litigation that destroyed its relationship with JPMorgan. Last week’s panel announcement came 12 months after JPMorgan ditched the firm for ­helping Barclays sue Bear Stearns after Bear Stearns was taken over by JPMorgan. The Barclays panel review saw Linklaters lose its […]

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Lion’s mane representation

Richard Smith QC has got probably the best job in law – for a rugby fan at least.  The Guildhall Chambers silk is legal counsel to the British & Irish Lions, currently on tour in South Africa (see story).  As a result the lucky blighter will be sitting in the coach’s box for the final […]

No place like home

The glories of a British heat-wave are upon us: long balmy evenings, jugs of Pimms, Wimbledon, people being “taken ill” on the Northern line… In fact, the weather in the UK is now so glorious that more and more people are tipped to be ‘stay-cationing’ – that’s holidaying in Bournemouth rather than Benidorm to you […]

Fladgate’s financials tumble as core practice areas disappoint

West End firm Fladgate’s financial results have ­confirmed the dearth of commercial property deals over the past financial year. Average profit per equity partner (PEP) fell to £390,000, a 37 per cent drop from £618,000 in 2007-08, while top of equity dropped by 38.5 per cent, from £976,000 to £600,000. Turnover was also down at the 45-partner firm, ­dropping by […]

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