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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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News in brief

Allen & Overy (A&O) in Germany has brought two in-house lawyers from Dresdner Bank and Landesbank Schleswig-Holstein into its banking and finance practice. A&O partner Charles Lindsay will also relocate from the London office to join the department in Germany. Dresdner Bank’s Cornelia Summ joins A&O after almost 10 years in the bank’s in-house legal […]

Milbank grows in Europe with new Frankfurt office

New York-based firm Milbank Tweed Hadley & McCloy is expanding in Europe as it announces plans to open an office in Frankfurt.`The office, which will open this summer, is only the firm’s second in Europe following the opening of its London office in 1979. Two US partners will head the office and they will be […]

Law central

Over the last 30 years, Washington DC has evolved as one of the key legal markets in the US, and indeed the world, and its emergence as a leading legal centre has shadowed the increasingly critical role the US government plays in the regulation of business and industry.`As the US’s capital, as well as being […]

Hewitsons figures are bittersweet

Cambridge-based Hewitson Becke + Shaw has increased its turnover by only 10 per cent, while its profits soared by 35 per cent.`Last year profits per partner were £135,000, but partners can expect to be taking home an average of £193,000 this year. However, turnover figures are far more modest, increasing from £15-£16.5m.`A Hewitsons spokesman denied […]

Bond Pearce and Cartwrights merger to create £30m firm

Cartwrights to hive off insurance litigation team as Berrymans Lace Mawer waits in the wings Bond Pearce and Bristol-based firm Cartwrights have announced plans to merge from 1 July, but will spin out Cartwrights’ insurance litigation practice as an independent partnership.`The firms have been discussing a merger since December 2000. Cartwrights managing partner Christopher Eskell […]

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