Spanish accountancy firms hit by underwhelming year

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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 […]

Recommended

Finance deals round-up

Eversheds (Anthony McGurk, Martin Halford) advised Astron on its acquisition of Edotech from its management and Barclays Private Equity for £130m. Clifford Chance advised Astron’s lending bank, the Royal Bank of Scotland. Edotech advised by Ashurst. Baker & McKenzie (Helen Bradley, Michael Caro) advised Tibco Software on its acquisition of Staffware, a UK business process […]

Pillsbury suffers second round of lawyer defections

Pillsbury Winthrop has been hit by its second bout of lawyer loses in over a week, this time in Washington as a life sciences team joins Mayer Brown Rowe & Maw. Partners Mark Paulson and Paul Sharer are joining the Anglo-American firm with a team of four attorneys. The defection arrives just after three West […]

The College of Law

The College of Law is on a bit of a roll. Having already bagged three-quarters of the magic circle for its new bespoke City LPC course, it now has its sights trained on the US firms. Driven by its energetic chief executive Nigel Savage, the college has been quick to exploit the Law Society’s new […]

Grapevine

Just when you thought it was safe, along comes yet another Clifford Chance US story. This time the news, as reported in this week’s issue of The Lawyer, is that Jim Benedict, head of the firm’s global litigation and dispute resolution department, is stepping down. On the face of it, Benedict’s move seems perfectly normal. […]

Deloitte France ends accounting-law link

Deloitte Touche Tohmatsu in France has finalised the split between its audit practice and its tax and legal division Deloitte & Touche Juridique et Fiscal. The law firm, which comprises around 10 per cent of Deloitte’s business in France, has been rebranded as TAJ. The 30-partner firm has voted in Anne Vaucher as its president. […]

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