Tony Brierley: 3i Group

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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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CC Budapest partnership put on lowest equity ladder

Clifford Chance is gearing up to move its Budapest partnership onto the lowest of its three equity ladders, with Prague and Warsaw already operating on the lower level. Ladder one, which runs from 30 to 70 points as opposed to the normal 40 to 100, was okayed by the firm’s global partnership at the end […]

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The Blackstone Group has turned to regular adviser Simpson Thacher & Bartlett for the raising of its latest fund, the $21.7bn (£10.67bn) Blackstone Capital Partners V. The firm’s New York-based corporate partner Michael Wolitzer led the team acting on the fund, which is thought to be the world’s largest private equity vehicle, alongside tax partner […]

Druces & Attlee revenue hit by exits

London-based Druces & Attlee Solicitors saw its revenue fall from £7m to £5.8m last year following the retirement of two partners and the departures of two more for Weightmans and Edwin Coe. The 200-year-old, 12-partner firm has responded with a strategic review that it hopes will see it significantly increase in size. The review was […]

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Ward of the land

As the go-to person in disputed Land Registry applications, the independence of the adjudicator is of key importance. By Michelle Stevens-Hoare The adjudicator to HM Land Registry is an independent judge appointed for the purpose of overseeing disputed applications that arise at the Land Registry. The adjudicator, his deputies and staff constitute an independent tribunal […]

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