The darling Buds' affray

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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 […]

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A&O and Dechert flex their property muscles in BPT deal

Allen & Overy (A&O) and Dechert have consolidated their reputations in public-to-private property work by advising the borrower and lenders in the recommended £477m bid for BPT. BPT is the UK’s largest-quoted owner of tenanted residential property in the private sector. It effectively announced that it would quit the stock market last June, by saying […]

In-house earnings are on the up

SOME senior in-house lawyers can now expect to earn as much as partners in top 20 firms, according to a survey published by recruitment company Michael Page. On average, remuneration levels for heads of legal now range from £98,203 to £103,842, with a maximum amount of £150,000. That is more than partners at the bottom […]

Knowing me, knowing you

Law firms have arrived late into the world of advertising. Since legal practices were given the go-ahead to advertise their services in 1994, few have taken the plunge. But a polarising market is forcing lawyers to consider how they are perceived by their clients and potential recruits, and whether they can create corporate brands. Advertising […]

Opinion

Paul Gilbert makes some good points in his article “Resolve to Evolve” (The Lawyer, 26 February), describing an industry whose structure and practices increasingly do not reflect its clients’ demands. Gilbert focuses his attack narrowly on the industry’s charging practices. He contends that the abolition of hourly rates, and with them a charging system based […]

The bigger the better

The urge to merge has not yet abated, with Leeds and Lincoln’s Inn being the most recent locations for new super sets to emerge. Up in the wild North, 10 Park Square – which first courted 30 Park Square – finally found its Prince Charming in 9 Woodhouse Square, creating Zenith Chambers, the largest set […]

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