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Latest Briefings

Future of public procurement in UK in the event of ‘no-deal’ 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 […]

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 under CPR 71 – Court of Appeal

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 […]

BVI to implement changes to rules governing SPCs registered under BCA

By Michael Killourhy The British Virgin Islands (BVI) will shortly implement some important changes to the rules governing segregated portfolio companies (SPCs) incorporated or registered under the BVI Business Companies Act, 2004 (BCA). These changes, introduced by the BVI Business Companies (Amendment) Act, 2018 (the 2018 BCA Amendment Act) will come into force on 1 October […]

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Stephenson Harwood and Norton Rose scoop sharia insurance deal

Stephenson Harwood and Norton Rose have snared lead roles on the outsourcing of sharia-compliant insurance, believed to be the first deal of its kind.

Norton Rose, led by partner Mike Rebeiro, advised Principle Insurance on the £90m outsourcing…

Bivonas’s QC hire heralds alternative model

London litigation and commercial firm Bivonas has recruited 23 Essex Street head of financial fraud and crime Mark Rainsford QC. Bivonas chief executive Antony Brown said: “We intend to expand with other senior advocates. “This is the beginning of an alternative model – ultimately we’ll be competing with both solicitors and chambers.” Rainsford said the […]

Masseys

When they quit Baker & McKenzie in 2004 to launch litigation boutique Masseys, Gerald Cooke, Sean Upson and Jane Colston knew they were taking a risk. Less than four years later the firm has built a strong reputation among its London peers for its litigation expertise.

Cravath, Paul Weiss advise in $9.25bn media deal

US firms Cravath Swaine & Moore and Paul Weiss Rifkind Wharton & Garrison snared lead roles on Time Warner’s $9.25bn spin off of its cable television operations.

Long standing advisers Cravath advised Time Warner on the deal, which will see the…

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