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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 […]

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Discovering your true worth

Michael Robinson looks at the benefits of a dedicated time recording system In the future, all fee-earning staff will produce on-line draft bills. Although the billing software is still at a prototype stage, the working systems of fee earning staff for both time recording and billing will eventually change with the new technology. Effective and […]

Financing

Herbert Smith acted for Newspaper Publishing in connection with its refinancing.

The fall of los intocables

Michael Gillard looks at the machinations of a Spanish judge’s crusade against corruption in the highest government ranks Phoney companies set up to secretly channel kickbacks into party coffers; a fugitive police chief charged with embezzling public funds to amass a £2 million real estate portfolio and rogue elements in the intelligence service who bug […]

Hereford and Worcester lifts hunt ban after warning

HEREFORD and Worcester Council has decided to lift a ban on fox hunting after its county solicitor warned that the policy could lead to a successful challenge in the courts. The warning from head of legal Roger Yates follows Somerset County Council’s failed attempt to ban the Quantock Staghounds. A committee report by Yates says […]

Slaughters stays top of M&A stakes thanks to Glaxo deal

THE RECOVERING mergers and acquisitions (M&A) business is keeping Slaughter and May at the top of the Acquisitions Monthly deals list for firms acting for both companies and financial advisers. The figures, due to be published next month, show that the firm has advised on 12 deals worth a total of £12.7 billion. Freshfields, Herbert […]

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