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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 […]

Procurement and state aid update: preparing for 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 […]

Data protection: 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 – CoA

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 […]

Recommended

In-house counsel quits

Securities and mutual fund specialist Hoene has joined Wall Street firm Carter Ledyard & Milburn as counsel in its New York financial institutions practice group. The former deputy director of the division of investment management at the Securities and Exchange Commission, she has worked for major financial institutions such as AIG and Mitchell Hutchins Asset […]

Property

Herbert Smith acted for Greycoat on a £350m secured term loan facility and the sale of two London properties, one in Victoria for £100m to PA Consulting Group and the other in Bishopsgate for £28.78m to Hill Samuel Property Unit Trust. The financing team was led by banking partner David Wyles, while the disposal teams […]

Property

North West law firm Ward Hadaway acted for Grantchester on the £20m sale of Sunderland Retail Park to Scottish Amicable Insurance Fund. Head of commercial property Richard Freeman-Wallace led the team. CMS Cameron McKenna advised Scottish Amicable led by partner Pranai Karia.

Beachcroft Wansbroughs agrees partner share scheme with US firm

Beachcroft Wansbroughs is sharing its departing projects team with Buchanan Ingersoll, reports Sean Farrell Beachcroft Wansbroughs and US firm Buchanan Ingersoll have agreed to share Beachcrofts’ projects team when it moves to Buchanans in the new year. As revealed in The Lawyer (11 October), Beachcrofts’ highly-rated head of projects Barry Francis, who specialises in private […]

Rolling with the punches

In the past few years the bar has faced growing criticism, a drastic drop in workload and the increasing threat of solicitor-advocates. Matheu Swallow reports on how the commercial bar is fighting back The commercial bar is attempting to fight back against the tide of criticism and apocryphal tales of woe that it and the […]

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