The young guns

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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

Vodafone

Another great telecoms deal for the London office of Cleary Gottlieb Steen & Hamilton, which also advised the underwriters on US law in BT’s record-breaking rights issue in the same week (The Lawyer, 14 May). This deal for Vodafone was the largest ever placement in the UK and the issuance was increased from initial estimates […]

Wragges increases profits by forty five per cent on last year

Birmingham-based Wragge & Co has announced record turnover figures for this financial year. The 40 per cent increase brings Wragges’ gross fees this year to £76.3m. Last year’s turnover was £54.5m with average profits per partners of £257,000. The total net profit for this year, which is yet to be finalised, is estimated to be […]

Family values tempt Lord Alexander to new home

Lord Alexander of Weedon QC has snubbed his former set Brick Court Chambers to join his son at 3-4 South Square. Alexander, who won fame through the Spycatcher and Government Communications Headquarters (GCHQ) cases, and who two years ago completed his chairmanship of NatWest, wil become joint head with Michael Crystal QC. He says he […]

News in brief

SJ Berwin has successfully represented Diageo in obtaining EU merger clearance for its joint acquisition with Pernod Ricard of the spirits and wines business of Seagram. The principal members of the SJ Berwin team were partners Stephen Kon and Simon Holmes, and assistants Matt Evans and Hugo Lindsay.

DLA boosts litigation with City hire

The City office of DLA is strengthening its litigation practice with the recruitment of a litigation partner from Stephenson Harwood. Matthew Saunders joins on 1 June after 10 years at Stephenson Harwood. He specialises in banking litigation and cross-jurisdictional disputes and fraud work. DLA’s litigation practice is split along sector lines, but national head of […]

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