Sullivan & Cromwell Name New Chairman

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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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London Borough

London Borough of Haringey closes £250m eight school private finance initiative (PFI) project. Haringey advised by Eversheds (Mike Mousdale). Main contractor Jarvis advised by Berwin Leighton (Richard Lucas) and senior debt providers Barclays Bank advised by Linklaters (Gideon Moore, Bruce White).

Slaughters under fire in RAC case

Slaughter and May is embroiled in a case before the Court of Appeal today (20 November) that could have far-reaching implications for company law. The case concerns the Royal Automobile Club’s (RAC) £437m sale of its motoring services division in 1999 to Lex Services. The case has been brought by former RAC members against the […]

Opinion

It was fascinating being in New York as the US election debacle became unfolded. One of the interesting elements was the way in which this election has prompted all sorts of questions about the need in the US constitution for an electoral college where each state sends its delegates to elect the president. As we […]

The Leader column

There must be some glum faces at Kempson House right now. The failure of Norton Rose to push through a merger with German firm Gaedertz leaves it the only firm directly below the magic circle without a widespread European presence. Ashurst Morris Crisp is opening in Spain, and has chunky operations in France and Germany; […]

Dechert shuts down private client group

Dechert has closed its private client practice after losing its sole partner in the department to Withers. Ian Marsh, who has been with Dechert for 12 years, joins Withers today (20 November). The move is the latest in a series of senior lateral hires by Withers’ private client department, which took on Clive Cutbill from […]

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