Three LLPs release first accounts

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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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Dechert signs lease at Times Square

Dechert London has concluded its protracted search for new premises with a deal to take up offices at Times Square. The Philadelphia-based firm has signed a lease to take on 55,000sq ft at Times Square, 160 Queen Victoria Street, with an option to take additional space. The office will accommodate 280 fee-earners and support staff. […]

Conflicts prompt Carey duo to create boutique

Two former partners of Guernsey firm Carey Olsen have taken the unusual step of launching their own specialist litigation and employment boutique in a bid to avoid the conflicts that plagued them while at the offshore giant. Litigation specialist Alison Ozanne and employment expert Louise Hall left Carey Olsen late last year and have now launched AO […]

Dechert swoops on CC for financial services push

Dechert has raided Clifford Chance to boost its financial services practice in London. Clifford Chance investment funds partner Andrew Hougie has joined Dechert’s London office as the third new partner in its financial services group this year. Hougie’s practice is focused on investment companies, closed-end funds, other collective investment funds as well as transactional and […]

Careers: In brief

A new organisation, the General Counsel 100 Group (GC100), has been established for in-house lawyers working within the FTSE 100. The group was launched on 9 March and has a membership comprising the senior legal officers of more than 50 FTSE 100 companies. GC100 has been created in response to the increasing volume and complexity […]

Osborne Clarke opens in Munich with EY team

Osborne Clarke has swooped on EY Law’s Luther Menold to launch a three-partner Munich office, as the Bristol-based firm unveils ambitious plans to ramp up its German offering. The firm has secured Luther Menold’s Munich head and corporate partner Matthias Elser alongside IP partner Tim Reinhard and private equity and venture capital specialist Martin Sundermann. […]

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