TwoBirds raids Linklaters for Swedish drive

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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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DLA Piper brings vulture fund down to earth with Zambian debt reduction

DLA Piper has scored a substantial reduction in the damages a so-called vulture fund was seeking to retrieve from the Zambian government. Mr Justice Smith ruled in the High Court (24 April) that the claim should be limited to $15.5m (£7.73m), as opposed to the $55m (£27.44m) sought by the vulture fund. US company Donegal […]

City firms go happy capping

Our revelation that Clifford Chance has capped liability across the board on corporate due diligence will get City M&A partners scrambling to review their policies. Up until now only Eversheds has admitted capping its liability. But as The Lawyer’s research reveals, liability caps on due diligence in M&A is seriously starting to take hold at […]

Irish utilities body launches legal panel

The Northern Ireland utility regulator is creating its first-ever legal panel and is targeting ambitious mid-tier firms, having previously relied on Wragge & Co. The Northern Ireland Authority for Utility Regulation (NIAUR), which combines the formerly separate regulators for electricity, gas, water and sewerage, aims to have its new panel in place by as early […]

Kraft adds finishing touch to in-house IP team with raid on Howrey

Kraft has scooped promising associate Calum Smyth from Howrey’s London office to complete its new in-house patents team. Smyth will be Kraft’s patent chief in Europe and will manage the company’s portfolio across the EU. Smyth’s role will cover the full range of patent work, including handling patent oppositions in the European Patent Office and […]

Lovells replaces retiring council members

Lovells has elected five members to its partnership council, with the posts to be taken up at the beginning of May. New additions include Spanish practice head Jose Maria Balana, German dispute resolution head Detlef Hass and head of business restructuring Robin Spencer. They are joined by London-based financial services partner Emily Reid and French […]

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