Slaughters, Freshfields advise on latest bank bailout

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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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Keystone Law

Keystone Law” class=”inline_image inline_image_left” src=”/pictures/web/images/15733_P7_keystone.jpg” />Despite the economic downturn straining many firms, the regenerated Keystone Law is in full swing. “There’s so much happening,” says managing ­partner James Knight. “We’re growing quicker than we ever have and we’re looking for more staff. Even commercial property is growing quickly. ” Formerly Lawyers Direct, the firm changed […]

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Lewis Onions beats Brum rival to Viyella mandate

Niche Birmingham insolvency firm Lewis Onions has been instructed in the administration of clothing chain Viyella – the recession’s latest high street casualty. Administrators Poppleton & Appleby have appointed the firm’s sole principal Lewis Onions as it tries to find a buyer for the 225-year-old company. The name partner is working with a team of […]

Let the good times roll

Oh look, some green shoots. No, I’m not being deluded. I know it’s bloody out there, but it’s heartening to be running not one, but two stories about major law firms in expansionist mode. It’s certainly a welcome change from the ghastly litany of redundancies and insolvencies. The first story is BLP’s extraordinary move in […]

In-house lawyers take textbook approach to art of legal panels

A group of leading in-house lawyers is launching a start-to-finish guide to creating a legal panel, which is to be offered free to members. The Chief Legal Officers (CLO) ;programme ;is intended to create a standard model for appointing a panel and remove the cost of outsourcing the process. It will draw on six years […]

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Results positive at both White & Case and Wilmer

White & Case has reported a 7 per cent hike in global revenues for the 2008 financial year. As first reported by US legal blog AbovetheLaw.com, the US firm increased revenue from $1.37bn in 2007 to $1.46bn in 2008. The announcement comes after the US firm completed a global management overhaul at the recommendation of […]

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