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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 […]

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Barclays
1

Banks under pressure as demand for HMRC loans soars

The UK’s leading banks are struggling to cope with the demand for new loans from fixed-share partners (FSPs) in the run-up to tax law changes on 6 April. Industry sources suggest that up to 8,000 individuals are looking to borrow money from UK banks in an attempt to inject new capital into their firms ahead […]

madrid spain

Spain’s Gómez-Acebo reports third year of declining revenue

Spanish firm Gomez-Acebo & Pombo has reported a third successive year of falling revenue, but has almost halted the rate of decline, posting a turnover drop of just 0.9 per cent last year. Turnover fell from €61.9m in 2012 to €60.7m last year (7 February 2013). The results follow a 1.4 per cent drop between […]

Battle
2

ULaw vs BPP: hostilities subside, war goes on and on

The law school war shows no signs of ending. But we have, perhaps, reached the end of the beginning. One senior lecturer recently told Lawyer 2B that hostilities have subsided in the war of the law schools. The Legal Education and Training Review (LETR), he said, has made all providers pause as they wait to […]

Singapore

A&O and Norton Rose Fulbright line up for successful Singapore licence renewal

Allen & Overy and Norton Rose Fulbright are understood to have successfully completed the Singaporean renewal process to extend their Qualifying Foreign Law Practice (QFLP) licences for another five years.  The two firms are thought to be among six to have been through the renewal process in recent months. The Singapore Ministry of Law (MLAW) is expected […]

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