The cheeky little devils

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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 […]

Recommended

Splashing out

The concept of using a sledgehammer to crack a nut is familiar to Manchester City Council. After all, why shouldn’t a local authority, funded by public money and central government grants, use Slaughter and May, one of the most expensive law firms in the country, to advise it on property and development matters? And where […]

Shearmans forms joint venture with Stamford

Shearman & Sterling is upping its Asian profile by linking up with Singapore practice Stamford for a joint venture. Stamford is the firm that leading local lawyer Lee Suet Fern set up after she quit the Wong Partnership last year (The Lawyer, 18 December 2000). A licence is expected to be granted shortly. The Wall […]

Technology, Media and Telecommunications

NetIQ undertakes a stock-for-stock acquisition of WebTrends for $1bn (£683m). NetIQ advised by Davis Polk & Wardwell (William Kelly). WebTrends advised by Perkins Coie. Amarin Corporation acquires Ethyl EPA licence from Laxdale in a cash and paper deal worth $1m (£683,000). Amarin Corporation advised by Nicholson Graham & Jones (Owen Waft). Laxdale advised by Hobson […]

Mcdonald's

One might assume that Reed Smith Warner Cranston won a place as adviser to McDonald’s on its purchase of a stake in Pret A Manger due to the recent US merger, but that is not the case. Peter Borrowdale, formerly the head of Sonnenschein Nath & Rosenthal’s London office, which closed in September 1999, brought […]

Chesterman takes CSFB telecoms deal to Lathams

Latham & Watkins’ London office has snatched its first senior debt telecoms deal out of the grasp of rival Weil Gotshal & Manges. The deal involves advising Credit Suisse First Boston (CSFB) and Salomon Brothers International on the restructuring of a senior multi-currency term loan and revolving credit facilities to DiAx, the Swiss telecoms company. […]

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