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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

A&O scores instruction from Korean Eximbank

Allen & Overy’s (A&O) London office has advised on its first deal for the Export-Import Bank of Korea (Eximbank). A team, led by London partner David Smith and Hong Kong-based Simon Black, has advised the bank on its first structured ship financing for international customers in relation to nine container vessels, totalling $431m (£257.9m). A&O […]

Simmons stakes all on investment as profits slide

City firm Simmons & Simmons has announced a rise in turnover of 12.6 per cent to £176.9m, but is set to post average profits per equity partner of around £300,000, representing a drop of some 20 per cent.It is the second year in a row that average profits have fallen. In 2002 they fell to […]

Lex Mundi signs up Sri Lankan friend

International legal network Lex Mundi has signed up Sri Lanka’s oldest and largest firm, FJ & G de Saram.The firm has become the exclusive Lex Mundi member for Sri Lanka.FJ & G is a full-service commercial firm with a particular focus on banking, investment, telecommunications, copyrights and intellectual property.Lex Mundi has 160 firms world wide, […]

Cadwalader and Slaughter and May reunite for MyTravel battle

After Cadwalader Wickersham & Taft was slammed by Mr Justice Jacob for trying to place Slaughter and May client Colt Telecom into administration, the two firms have entered the ring again to fight over the refinancing of MyTravel. Slaughters partner William Underhill, who worked on the Colt litigation, is leading MyTravel’s fraught discussions with its […]

Leader

If Tony Blair had wanted to appease the left of the Labour Party, then abolishing the role of Lord Chancellor was a darn effective way of doing it. There’s been a broad welcome from liberals to the proposal of disentangling the legislative and judicial functions and to the establishment of a new department for constitutional […]

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