Philip Morris International appoints non-lawyer as legal director to investigate law firm budget

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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 […]

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 […]

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Careers: in brief

The Securities Institute has received the stamp of Government approval for its new four-paper Investment and Financial Advice Qualification (IFA). The scheme, aimed at independent financial advisers, has met the required standards of the Qualifications and Curriculum Authority (QCA), the official education regulator in the UK. The IFA qualification has been launched in response to […]

Grapevine

Reds bedevilledAllen & Overy was last week targeted by angry Manchester United fans when it became public that the magic circle firm was advising Florida tycoon Malcolm Glazer on his takeover bid for the club. The firm has so far avoided the pizzas and rubbish skips that Glazer’s public relations adviser Brunswick has reportedly received. […]

Berrymans recruit new health and safety head

Berrymans Lace Mawer has hired a partner in Manchester to head up its health and safety team. Chris Green joined Berrymans last week (11 October) from Hammonds, where he was a senior solicitor. Green defends and prosecutes cases involving breaches of health and safety and environmental laws. Recently he has advised construction companies on fatal […]

Ashurst advises competitors on Saga auction

Ashurst landed pole position on the hotly contested auction of Saga, the financial services and travel provider for the over 50s, by advising competing consortia. The City firm advised both Bank of Scotland and Lehman Brothers, which are providing financing to Platinum 400, the winning acquisition vehicle of the management team, which is supported by […]

RPC bolsters construction with Masons hire

Reynolds Porter Chamberlain (RPC) has bolstered its construction practice by scooping a partner from Masons. Ron Nobbs, a specialist in construction and project-based work, joins from Masons where he was a partner in their construction and engineering group. During his time at the firm he acted for a number of major national and international contractors […]

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