REAL ESTATE AND PROJECTS

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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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Jilted brides finally find their match

Denton Hall and Wilde Sapte announced they were to become Denton Wilde Sapte. The 200 partners of the firms voted in favour, but senior Wilde Sapte equity partners James Johnson, Nick Syson and Jonathan Shann decided not to join the party. Denton Hall chairman James Dallas retained his position, as did managing partner Virginia Glastonbury […]

Bird & Bird scoops MP3’s pan-European business

Bird & Bird has landed leading internet music distributor MP3 as a client following a competitive tender process. It is understood that six firms pitched for the work, including one from the magic circle. The final choice was made after the beauty parade last month. The win is a significant one for technology specialist Bird […]

Dewey Ballantine sets up international reform practice

NEW YORK firm Dewey Ballantine is hiring from the World Bank and International Monetary Fund (IMF) to set up an international legislative reform practice. Herbert Morais, senior assistant general counsel at the IMF, and Ian Newport, chief counsel for Europe and Central Asia at the World Bank, join the firm as senior policy advisers, but […]

Allen Allen & Hemsley loses top Singapore partner to Freshfields

Australian firm Allen Allen & Hemsley’s Singapore office is losing a leading securities partner to Freshfields Bruckhaus Deringer. The departure of office head David Simpson leaves the operation with only one remaining partner in Steve Clifford. Simpson has been with the firm since 1985, making partnership in 1994. He specialises in corporate and securities work, […]

Bar squeezes senior clerks

Senior clerks are facing concerted pressure to reduce their earnings as chambers look to cut overheads. Salaries will typically account for about 50 per cent of a chambers’ total expenditure, with senior clerks at the five leading commercial sets earning between £100,000 and £350,000 a year. David Grief, senior clerk at Essex Court, is one […]

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