The magic circle – a new ring leader to emerge?

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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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Addleshaw Goddard turnover up 11 per cent

Addleshaw Goddard has reported an increase in turnover for 2007-08 of 11 per cent, hitting £195.4m after last year’s figure of £176.7m (The Lawyer, 8 May 2007) The biggest earner across the firm’s four divisions is the contentious and commercial group, which brought in £57.9m. This was closely followed by its real estate group, which […]

Latham reveals restructuring ardour

Next month in London, a rather swanky West End hotel will play host to a panoply of insolvency and restructuring specialists keen to offer their insights into the state of the market

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Law Soc lashes out after fine for poor performance

The Law Society has lashed out at the Legal Services Complaints Commissioner Zahida Manzoor after it was fined £275,000 for inadequate complaints handling. Law Society chief executive Des Hudson and Legal Complaints Service (LCS) board chair Professor Shamit Saggar have hit back at Manzoor after she administered her second fine for poor performance. Saggar said: […]

Michele Pullan: Marsh & McLennan

After 10 years at insurance broker Marsh & McLennan, even a high-profile price-fixing claim couldn’t faze Emea legal head Michele Pullan.

Linklaters, Cleary in TPG’s £150m B&B investment

Linklaters has won a role alongside Cleary Gottlieb advising US private equity giant Texas Pacific Group (TPG) on its £150m investment in UK bank Bradford & Bingley. Linklaters corporate partners Charlie Jacobs and John Lane lined up alongside regular advisors Clearly Gottlieb in what is believed to be the firm’s first instruction for TPG. Bradford […]

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