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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

Travers scores first deal for Cazenove

Travers Smith Braithwaite has scooped its first instruction from blue-blood investment bank Cazenove, a longstanding client of Slaughter and May. The City firm has advised Cazenove on its first AIM float when it acted as Nomad, broker and bookrunner for Dealogic Holdings plc on the £154m flotation this week. The deal was led by Travers […]

BLP scoops Ascent’s bid for MoD contract

By
Berwin Leighton Paisner (BLP) has been announced as the surprise winner of a pitch to advise the Ascent consortium, which is bidding for the Ministry of Defence’s (MoD) UK Military Flying Training System (MFTS) public-private partnership contract.

Wilson Sonsini to rake in $20m from Google shares

Wilson Sonsini took an equity investment in the world’s leading search engine when it advised Google prior to its launch in 1999. This will now net Wilson Sonsini the biggest windfall a law firm has had from such an investment, often made in lieu of fees.

Wilson Sonsini and Simpson Thacher scoop $2.7bn Google float

Simpson Thacher & Bartlett and Wilson Sonsini Goodrich & Rosati have emerged as the main lawyers on the long-awaited flotation of US search engine Google. Wilson Sonsini’s chairman and chief executive Larry Sonsini and corporate partner David Segre are acting for established client Google on the $2.7bn IPO. While Palo Alto-based corporate partner William Hinman […]

Blake Cassels opens its doors in Chicago

Blake Cassels & Graydon has become the first Canadian firm to set up shop in Chicago. The office will initially be staffed by partner Geoff Belsher and one associate, although there are hopes that it will house five lawyers within five years. According to reports, the firm applied for a foreign legal consultant’s licence to […]

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