TMT deals round-up

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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 […]

Recommended

Jones Day Paris loses tax ace to De Pardieu

French independent De Pardieu Brocas Maffei has snagged a leading tax lawyer from Jones Day in Paris. Emmanuel Chauve joins De Pardieu to head its tax practice, bringing with him a team that includes two senior tax associates from Jones Day and one from Freshfields Bruckhaus Deringer. Chauve was a partner at Jones Day for […]

Cobbetts raids Hammonds for construction splash

Hammonds has suffered a double construction loss as two Birmingham partners move to Cobbetts. Birmingham head of construction James Bessey and non-contentious partner Mark Robinson join Cobbetts’ existing two-partner Midlands construction team. The hires boost Cobbetts’ construction team nationally to nine partners. According to Cobbetts’ national construction head Mark Whittell, Bessey and Robinson will add […]

Careers: people

Private equity specialist Markus Strelow joined the Frankfurt office of Mayer Brown Rowe & Maw as a partner on 1 January. Strelow was formerly a partner at Ashurst and is known for his work on leveraged buyouts. Maxwell Batley has boosted banking and finance with the hire of Andrew O’Keeffe as a partner. O’Keeffe joins […]

MoFo appoints new US managing partner

Morrison & Foerster (M0Fo) has named Larren Nashelsky, who chairs the firm’s bankruptcy and restructuring practice, as its new US managing partner. New York-based Nashelsky succeeds Laurie Hane, who will return to her technology transaction practice in San Francisco on a full-time basis. Nashelsky will share management responsibilities with the firm’s two other managing partners, […]

White & Case: turnover up 20 per cent, PEP stable at $1m

White & Case is predicting a stellar set of financial results for 2004 with an increase in global revenues of almost 20 per cent. Preliminary figures indicate that global turnover has hit $970m from $811m in 2003, a rise of 19.7 per cent. The result continues a trend of impressive growth for the US firm, […]

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