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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

It's been a good week for…

Lawyers involved in the BSE public inquiry which is expected to cost u25m and has been delayed for a year. General Pinochet, who may be entitled to u1m in legal aid. Apparently the General has only a modest pension and relies on hand-outs from his supporters. Cloning. A heated medico-legal debate is likely to follow […]

Staking an insurance claim

It’s not an easy time for firms which depend on insurance work for a large part of their business. Changes in the market, mergers, takeovers and reforms of the legal system mean that many firms are losing clients. Three months after Eagle Star/Zurich closed its in-house legal department, the insurance giant is thought to be […]

Transatlantic power M&As energise firms

Freshfields and Hammond Suddards are powering up to advise on two transatlantic energy deals. Freshfields is advising PowerGen on the u1.3bn sale of two power stations and Hammond Suddards is handling a u3m US acquisition for East Yorkshire-based Europower. Freshfields finance partner Charles July is leading the team for the Powergen disposal, which will hand […]

In brief: Herbert Smith

Herbert Smith’s Brussels office celebrated its tenth anniversary in the city last week with an evening of music and song. The event, held at the Theatre du Residence Palace, was presented by Sir John Mortimer QC and attended by partners and clients of the firm.

MP's Bill proposals put QCs in firing line

In his continuing crusade against silks, Labour MP Andrew Dismore has tabled a series of amendments to the Access to Justice Bill to abolish or overhaul the QC system. Dismore, a solicitor and MP for Hendon, proposes amendments that will lead to the wholesale scrapping of QCs and the abolition of traditional court dress. Dismore […]

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