The final act

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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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Carrefour fined in China piracy case

In the first high-profile piracy dispute between two Western companies in China, a Shanghai court has fined French retailer Carrefour £25,000 for selling fake Louis Vuitton handbags. At fault was Carrefour’s supplier policy, which the company’s central management had delegated to individual branch supervisors. The judge blasted the procedure, criticising it for being so lax […]

Goodwin raids pave way for California expansion

Boston-based Goodwin Procter has launched an assault on California, opening in Los Angeles (LA) and San Francisco on the back of raids on Pillsbury Winthrop Shaw Pittman and Cooley Godward. The LA office will be chaired by Lewis Feldman, the former head of the LA real estate and national public finance team at Pillsbury. Feldman […]

Cllifford Chance appoints learning and development partner

Clifford Chance has appointed its first global learning and development partner in a bid to develop and streamline the firm’s legal and business services training programmes. Former private equity partner Julia Clarke has been appointed to the role. She will be responsible for the development of legal and business skills training for fee-earners and business […]

Linklaters kicks off City pay round with six per cent salary hike

Linklaters has kicked-off this year’s salary increases, raising newly qualified lawyers’ salaries by six per cent to £55,100.The magic circle firm announced that it was increasing salaries for fee-earners in London by between 5.5 and 12 per cent depe… Linklaters has kicked off this year’s salary increases, raising newly qualified lawyers’ salaries by six per […]

Patent profits

If you strolled into your firm with a cheque for $200m (£111.9m), your managing partner would probably single you out for a little praise come the year-end. Thanks to the recent raft of big paydays for firms willing to take cases on a contingency basis, notably in the area of so-called ‘patent troll’, a number […]

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