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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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The Lawyer Inquiry: Paul Downing

Paul Downing was born in Aylesbury on 19 March 1947. He now lives in Wimbledon and is a partner at Arnheim & Co. What was your first job? Dishwasher operator at Kodak. What was your first ever salary as a lawyer? £10 per week as an articled clerk. What would you have done if you […]

Two law firms show interest in E&Y oil alliance

At least two law firms have expressed interest in joining with Big Six accountants Ernst & Young in a cross-disciplinary alliance to provide a one-stop advice service to the oil and gas industry. Ernst & Young last week teamed up with UK oil and gas field exploration consultants Hannon Westwood Associates and international geoscience consultancy […]

Public schooled junior high fliers

As many leading solicitors say, when one barrister takes silk there is a scrabble to find the silks-to-be who are still juniors. They add, however, that with many of the specialist sets in the area of public law headed by public law heavyweights, there is generally sufficient strength and depth in those specialist chambers to […]

Brick Court's happy birthday

ONE hundred and fifty people gathered at the Waldorf Hotel in London last week to celebrate Brick Court Chambers’ 75th anniversary The chambers, which specialises in commercial law including shipping, insurance and banking, was founded by former Labour attorney-general and pre-eminent commercial lawyer William Jowitt. He was soon joined by a young barrister, Patrick – […]

Accountants

A sentence in the story “Accountants on the brink of taking law into their hands” of 1 November mistakenly referred to Price Waterhouse taking over Spicer & Pegler it should have referred to Touche Ross merging with Spicer & Pegler.

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