Simmons makes third banking hire in a month

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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 […]

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 […]

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Rollits bags Walker Morris director of media

Yorkshire firm Rollits has appointed Ralph Coyle, Walker Morris’s director of media, as a partner in its company and commercial department. Coyle’s main focus is in media law, e-commerce and data protection. He said: “At Walker Morris I felt a little restricted. I chose Rollits because they offered me a broader corporate and commercial role.”

CC and Linklaters use Chinese walls on Homebase

Clifford Chance and Linklaters navigated their way through a maze of complex Chinese walls on the recent £900m sale of DIY giant Homebase to retail group GUS. The lightning-quick deal, which was completed in just five weeks, saw Clifford Chance act for Permira (formerly Schroder Ventures) and the company’s management on the sell-off of Homebase […]

Five jump ship from Stibbe

Dutch and Belgian firm Stibbe has continued slimming down its Brussels office to fit in with UK alliance partner Herbert Smith A group of five partners have left Stibbe in Brussels for a joint venture with domestic intellectual property firm Braun Bigwood and will not be replaced. The Lawyer understands that while the five were […]

Finance deals round-up

Slaughter and May (Mark Hutchinson) advised Abbey National on a £4bn mortgage securitisation under the master trust structure. US legal advice was provided by Cleary Gottlieb Steen & Hamilton. Scottish legal advice was provided by Tods Murray. Linklaters (Nick Thwaites) advised Standard Chartered Bank as lead manager of an issue by Indian power supplier BSES […]

Separated at birth

Tulkinghorn was a little disturbed upon hearing rumours that comic football pundit David Baddiel had parted company with the three lions and his microphone and joined a serious US law firm. Several sources said that Baddiel was spotted cavorting with partners from Clearys. But fortunately, Ashar Qureshi, a close friend, promptly advised Tulkinghorn of the […]

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