Sidley boosts private equity with hire of ex-Kirkland partner

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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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Birmingham chambers collapses

Birmingham set Three Fountain Court has collapsed, leaving nearly 50 barristers without chambers. Rent increases and stalling fee revenue led to a financial crisis for Three Fountain Court. The set specialises in criminal and family matters, deriving much of its fees from Legal Aid. Stephen Linehan, head of chambers at Three Fountain Court, said in […]

Law Soc takes case to court of appeal

The Law Society was in the Court of Appeal last week for a hearing into its case against a solicitor whose practice had been closed down after an ‘intervention’. Last summer the Law Society was unsuccessful in defending itself against Anal Sheikh’s appeal into the intervention, and Mr Justice Park ruled that it should be […]

Rivals close in on Gide Loyrette’s govt work

Has Gide Loyrette Nouel lost its grip on work for the French state as it continues its privatisation programme? The firm had advised on the IPOs of Gaz de France (GDF), EDF and the French motorways system, but failed to win the same role as the state carried out a partial privatisation of Aéroports de […]

BLP faces £3m client refund

Berwin Leighton Paisner (BLP) may be forced to pay back up to £3m to long-standing client Alpha Airports for damages claimed to have arisen from the firm’s advice on a £7.5m catering contract with Icelandic charter airline Excel Airways. Alpha had its shares suspended in April until this week and has seen three top executives […]

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Global ANZ review extends panel from nine to 32

Baker & McKenzie and DLA ally Philips Fox have scooped places on the global legal panel of Australian banking giant ANZ along with Australia’s big six. ANZ conducted a wholesale review, expanding its roster of external counsel from nine firms to 32. The new panel includes all of the big six Australian firms: Allens Arthur […]

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