Shedding its reputation

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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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Flotations

Eversheds is acting for Kingston upon Hull City Council on the #141.5m flotation of its telecommunications business operated by Kingston Communications (Hull)

Marks & Spencer plans legal panel shake-up

Marks & Spencer is to launch a full-scale review of its legal function – including its use of external law firms – as part of a shake-up of head office functions. Apart from possible job cuts, the review could also result in less work for some of the firms most regularly used, including Freshfields (main […]

Ruling business before employees

Richard Arthur, partner, Thompsons Fraser Younson, partner, McDermott Will & Emery Ronnie Fox, senior partner, Fox Williams A recent employment tribunal hearing may have toppled the tricky balancing act which listed companies must perform when considering a merger or takeover likely to involve collective redundancies. EU legislation states that companies have to inform employee representatives […]

Bill violates human rights, says Justice

Legal pressure group Justice is the latest body to attack the Immigration and Asylum Bill, highlighting more than a dozen potential breaches of human rights and calling for the Government to amend the offending clauses. The Justice “audit” of the Bill follows a damning Law Society report to the special standing committee, which accuses the […]

In brief: Shearman & Sterling

Shearman & Sterling, the US firm, has recruited five UK lawyers to join its London European acquisition finance group. They are Bruce Hendry from Dickson Minto, Nicky Blair from Watson Farley & Williams, Leonard Fung from Simmons & Simmons, Kelly Knight from Ashurst Morris Crisp, and Leigh White from Weil Gotshal & Manges.

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