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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

Garban's head of legal quits for internet post at Telstar

Garban Intercapital’s high profile head of legal is leaving to help set up Telstar’s new internet venture. Gillian Switalski, worldwide legal director, director of compliance, and company secretary at Garban Intercapital, has already started work at Telstar but will continue as a consultant at her former company for the next 12 months. A spokesman at […]

Battle Fowler raids conservation body

Valerie Campbell has joined as special counsel in the Midtown-based firm’s land use, environmental and governmental affairs group. Campbell will focus on land use, environmental and historical preservation aspects of large commercial real estate transactions. She practised at Brown & Wood before becoming deputy counsel at New York City’s parks and recreation department.

Property

Herbert Smith acted for Greycoat on a £350m secured term loan facility and the sale of two London properties, one in Victoria for £100m to PA Consulting Group and the other in Bishopsgate for £28.78m to Hill Samuel Property Unit Trust. The financing team was led by banking partner David Wyles, while the disposal teams […]

New media partners for Akin Gump

Steve Fayne and John Burke boast an impressive client list including the Bank of America and Chase Manhattan Bank. In recent years the pair have branched out and now advise producers, distributors and studios on financing. The move comes just days after Akin Gump announced the labour lawyer, Howard Fabrick – poached from Proskauer Rose […]

The Firm

Overheard conversations at the Firm’s Christmas party attended by, among others, senior partner Pratchard, managing partner Henderson, corporate partner Alison Brett, Big Tosh, Chalmers and God’s own Yorkshireman Rodney Bickerthwaite. Brett: Oh Mr Pratchard. How imaginative coming as Widow Twanky. Everyone else’s fancy dress is boring. Pratchard: Fancy dress? I thought the invite said casual. […]

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