Profit plummets at Watson Burton

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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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Kate Jarvis: O2

The fight against ‘slamming’ is just one challenge O2 chief legal counsel Kate Jarvis has to take on in the ever-evolving telecoms sector. By Malar Velaigam Kate Jarvis’s claim to fame could be her moments spent dancing with actor David Hasselhoff at a convention for Swiss children’s television series Pingu in Switzerland, but she is […]

Bracewell shows it allegiance to London

One false start and one soft opening aside, the bunting is now well and truly ready to be hung outside the London office of Bracewell & Giuliani. The firm of Republican presidential candidate Rudolph Giuliani has made some improvements on its set-up of two months ago, when a first-year associate freshly transplanted from Dewey Ballantine […]

Halliwells kicks off fraud unit as Keoghs raid lands dedicated team

North West firm Halliwells has scooped a team of fraud specialists from rival firm Keoghs. The team, which is headed by partner Damian Ward, has moved to form Halliwells’ new bespoke fraud unit, which will investigate fraud claims and train claims managers to improve how they detect and investigate fraud claims. Halliwells managing partner Ian […]

British Virgin Islands

The BVI’s new Companies Act has altered the rules for businesses based on the islands and directors must be aware of the changes. By Duncan Smith There is a good level of comfort with the new British Virgin Islands Business Companies Act 2004 (BCA), principally because, since 1 January 2006, users have been able to […]

Offshore

The offshore market slowed down a notch in the first half of 2007 after the flurry of mammoth mergers that typified the past two years. Slow and steady growth became the name of the game, with firms looking to consolidate their offerings through lateral hires, such as Conyers Dill & Pearman’s hire of Nigel Meeson […]

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