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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 […]

Recommended

Property

Linklaters & Paines advised Development Securities on its £7.25m sale of four properties to TR Property Investment Trust, advised by Ashurst Morris Crisp.

In brief: Real estate practice chair joins Decherts

Philadelphia firm Dechert Price & Rhoads has appointed Jack Gillies as a partner. Gillies is former managing partner and chair of real estate practice Hebb & Gitlin. “Decherts shares in my vision to create a one-stop law firm providing quality legal services to a wide variety of institutionally-oriented real estate investors,” he said. Richard Jones, […]

Pro bono boost

The new Solicitors’ Pro Bono Group is now up and running under the directorship of the very capable Peta Sweet. Finally, thanks to a group of law firms, the solicitors’ branch of the profession now has an organisation which can support its pro bono efforts and provide a national focus. It is of even greater […]

Right to accumulate prizes

The House of Lords has given leave for appeal in the case of Regina v Burt & Adams. Burt & Adams was convicted of three counts of unlawful gaming contrary to s.38(6) of the Gaming Act 1968. Appeals against two of those convictions were overturned by the Court of Appeal. But the court certified the […]

Glasgow chief loses job

Bird Semple chief executive Neill Mulvie has lost his job in a management shake-up. The management board of senior partners to which Mulvie reported has been abolished and Gordon Hollerin, who has been with the firm for 20 years, will become managing partner. Mulvie, a non-lawyer, was brought in during the late 1980s when Bird […]

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