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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

Falconer: Politicians should stop baiting judges

The Lord Chancellor Lord Falconer has warned his fellow ministers against interference in the rule of law. Speaking at the Annual Judges dinner last night, Lord Falconer said: “Whilst it is perfectly legitimate for ministers to address policy issues raised by individual judgements, ministers should not criticise judges.” He added: “Just as judges don’t do […]

It’s the most wonderful time of the year

More financial results, which means for some lucky employees it is bonus time. So far the firms that pay flat bonuses on their profit performances are still few and far between. Allen & Overy (A&O) has been doing this for a couple of years to its employees’ great satisfaction. This year its profit rose by […]

Italy

Just like its footballers, Italy’s lawyers have had a roller-coaster ride this year. While the match-fixing scandal has struck at the heart of the domestic football league, the banking sector has ridden out its turbulent times by replacing Bank of Italy governor Antonio Fazio with Mario Draghi. The change has already triggered a shift in […]

A patently obvious move

Europe moved a step closer to having a fully integrated patent judiciary this week. The draft European Patent Litigation Agreement (EPLA) gained momentum after internal markets commissioner Charlie McCreevy gave his support to the proposal. If implemented, it would create a common litigation court. Although trademarks have a pan-European registrar and central court, patents do […]

Stearns secures record fees on ExxonMobil case

Miami-based law firm Stearns Weaver Miller Weissler Alhadeff & Sitterson’s dreams came true earlier this month when a Miami federal judge awarded it $249m (£135.21m) in fees. The ruling, one of the largest fee awards on record in the US, follows Stearns’ successful representation of 11,000 petrol station owners in a $1.1bn (£597.32m) class action […]

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