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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

Fat cats and doormats

I am not a lawyer but unfortunately have experience of the legal profession. Recent reports of Lord Irvine’s comments on “fat cat” barristers really rings true when you become entangled in the legal system. If the other side have top legal counsel you have to do likewise. If you do not, you are at an […]

Flotations

Berwin Leighton acted for London bus company Metroline on its £37m listing on the London Stock Exchange. Rowe & Maw acted for the sponsors to the listing.

Rakisons loses out on Ecuador contract

Ten-partner City telecoms practice Rakisons has missed the chance to advise the Ecuadorean government on privatising its telecoms operator because it could not get its detailed submission in on time. The firm was shortlisted to advise on the the privatisation of Ecuadorean state telecom operator Emetel alongside four US international giants – O’Melveny & Myers, […]

Property

Norton Rose acted for BICC on its sale of Reading’s 700,000 sq ft Oracle shopping centre site to a joint venture between developer Hammerson, represented by Nabarro Nathanson and the Abu Dhabi Investment Authority, advised by Simmons & Simmons, which took a 50 per cent interest in the venture.

LAG unveils web site at 25th birthday party

THE party continued on into cyberspace for the Legal Action Group (LAG), which celebrated 25 years of cam- paigning last Friday with the launch of an Internet site and electronic legal services network. The organisation’s web site and an Internet database of legal groups around the world, were due to be unveiled during celebrations at […]

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