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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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Mishcons and Olswang win first Indian AIM GDR issue

Mishcon de Reya advised Noida Toll Bridge on the first global depositary receipt (GDR) issue on AIM for an Indian public company. The AIM listing, which went live this morning (21 March), raised $45m. It will be used to repay loans and to fund the construction of a new road link to the Noida Toll […]

M&A world braced for litigation wave

Corporate lawyers are bracing themselves for a sweeping overhaul of the M&A world, with the Takeover Panel set to become a statutory body next year. The Department of Trade and Industry released a white paper earlier this month that sets out comprehensive reform of the Company Law Bill, including plans to make the Takeover Panel […]

CC appoints new London head for key tax group

Clifford Chance has elected a new London head for its tax pensions and practice as its gears up for elections for two new executive partner jobs. Nick Sherwin takes over the role from 1 April from Robin Tremaine. Sherwin has been a partner at Clifford Chance since 1993 and currently heads the pensions group within […]

International eye: Europe

Donna Sawyer on the month in Brussels VWEW splits over business strategy Brussels-based lawyers have been suffering from a collective case of itchy feet, with a number of firms undergoing changes. It kicked off with a bang in January when historic Brussels law firm VWEW saw all but one member of its competition and EU […]

Milbank and Slaughters lead bid for ITV

Milbank Tweed Hadley & McCloy and Slaughter and May have secured the lead roles advising the consortium attempting to take control of ITV with a groundbreaking deal that marks the first of its kind in the UK. Milbank and Slaughters are advising the consortium consisting of Apax Partners, Blackstone and Goldman Sachs, which have been […]

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