Shambo to be put down following Court of Appeal ruling

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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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Aegean Airlines’ IPO goes way of Shearman

Shearman & Sterling has advised Aegean Airlines on its Athens Exchange IPO, which closed earlier this month. The IPO, which involved 25 per cent of the airline’s share capital, raised around €125m (£84.55m). The proceeds will go towards financing the airline’s €1bn (£680m) fleet renewal programme, which will see its entire Boeing fleet replaced with […]

Litigation: Hearing aid

Solicitors must be given greater freedom to take their clients’ cases all the way to the High Court. By Simon Davis Restrictions are unreasonably imposed on the freedom of clients to choose a solicitor to act as their advocate in court. Those restrictions should be removed. A litigation solicitor can appear at employment tribunals where […]

Norton Rose scoops £1.5bn China Bank-Barclays role

Norton Rose and Lovells have played key roles in injecting Chinese and Singaporean cash into Barclays. China Development Bank has agreed to buy £1.5bn worth of Barclays’ new ordinary shares, the equivalent of 3.1 per cent of the bank’s current issued share capital. If Barclays’ bid for ABN Amro is successful the Chinese bank will […]

People

•Morrison & Foerster has appointed tax practitioner Michael Frank as a partner in its Palo Alto office. Frank was previously a partner at DLA Piper. •Offshore firm Harneys has hired Marco Martins as a senior associate to head its Latin America practice. Martins joins from Norton Rose, where he was client knowledge counsel and co-manager […]

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Judiciary shake up sees seven in new roles

The judiciary is set for an overhaul, with the control of seven posts changing hands. Mr Justice David Steel is to stand down as the head of the commercial list on 1 January 2008, handing over the reins to Mr Justice Andrew Smith, who has been appointed for one year. At the Technology and Construction […]

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