Slaughters hikes pay to avoid assistant exodus

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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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Travelling the bumpy road to Tashkent

CMS Cameron McKenna’s Central Asia practice has been bedevilled by controversy in recent times The news that CMS Cameron McKenna’s Central Asian practice is moving en masse to Denton Wilde Sapte (see p1) may be a relief to Camerons. The CIS group has been a management headache for the firm, with most of its problems […]

a year ago this week

Camerons unveils SA alliance Cameron McKenna became the first top 10 law firm to form an alliance with a South African practice. It joined up with black empowerment firm Canca Inc in Cape Town and “white” practice Jowell Glyn & Marais in Johannesburg in an exclusive alliance. The deal was set up by energy partner […]

FINANCE

Oil company Petroplus International closes euro150m (£88.6m) offering. Weil Gotshal & Manges advised Petroplus (Michael Brady, Paul Claydon, Erica Handling, Andrew Norwood) Latham & Watkins acted for the initial purchasers of the notes, ING Barings and Deutsche Bank

Trenité splits up Amsterdam and Rotterdam to hike merger appeal

TrenitÉ Van Doorne, The Netherlands’ fourth largest law firm, has announced that its Amsterdam and Rotterdam offices are demerging. The move will boost the appeal of the 27-partner Amsterdam unit to foreign merger partners. The Amsterdam office specialises in banking and securities law while the 25-partner Rotterdam office focuses on the less profitable areas of […]

Unihold

Unihold International acquires a 60 per cent stake in German IT consultancy BKC with an option to acquire the rest of the company for DM40m (£12.1m). Unihold advised by Berwin Leighton (Simon Pollock) and on German law by Raupach & Wollert-Elmendorff. BKC advised by Haarmann Hemmelrath.

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