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 […]

Recommended

One-stop shock

The concept of the one-stop shop may sound simple, but in reality it has more turns than a Rubik’s Cube. In the context of a leveraged buyout (LBO), the idea of just one law firm advising one or two investment banks on the structuring of senior and high-yield debt appears to be truly inspired. After […]

Simmons to export rail capability

Simmons & Simmons has consolidated its position in the rail sector with an appointment to advise the Republic of Ireland on the policy framework for a IR£4.5bn (£3.6bn) Public Private Partnership (PPP). Simmons & Simmons won the work as part of a consortium led by Ernst & Young, which included WS Atkins, Fitzpatrick Associates and […]

CORPORATE

Fairview Holdings completes £307m public to private deal backed by 3i. Fairview advised by Dechert (David Vogel). Financial adviser Close Brothers. Newco advised by Travers Smith Braithwaite (Chris Hale). 3i and the Bank of Scotland advised by Osborne Clarke (Simon Beswick). Senior lenders advised by Norton Rose (Andrew Bamber).

Pinsents wins property contract for NHS Estates

NHS Estates, an executive agency of the Department of Health, has formalised its legal requirements for the first time by appointing Pinsent Curtis as commercial adviser. NHS Estates previously allocated legal work on a job-by-job basis and has not used Pinsents before. The firm’s instruction as commercial adviser to NHS Estates is wide-ranging, covering contracts […]

Alston & Bird completes NY takeover

Atlanta firm Alston & Bird is taking over New York-based boutique Walter Conston Alexander & Green. The move will give the 500-lawyer firm its first foothold in the city, as well as adding a liaison office in Munich. Walter Conston is a 21-partner, 45-lawyer firm with a client base focused on European pharmaceutical, media, technology […]

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