Tyco breakaways name new counsel

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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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CC raids Sidley as US drive intensifies

Clifford Chance has underlined its commitment to the US by poaching a three-partner litigation team from US rival Sidley Austin. In addition the magic circle firm has hired Wendy Wysong, a senior lawyer with the US Government’s Bureau of Industry & Security (BIS), as a partner in the US litigation group. As reported in The […]

Equal pay guru puts Govt stats on the rack

The scourge of the public sector Stefan Cross has forced the government employment watchdog into a humiliating revision of its official statistics, forcing it to admit that it had underestimated the number of 2006-07 equal pay claims by more than 600 per cent. In a letter to John Taylor, chief executive of the Advisory Conciliation […]

Bakers scores $860M saudi flotation

Baker & McKenzie has bagged a lead role advising on the IPO of Saudi private investment company Kingdom Holding Company. The company floated on the Saudi Stock Exchange and is expected to raise a total of $860m (£422.9m). Edward Bibko, lead partner on the Bakers team, said: “This IPO is interesting because of the profile […]

Firms braced for cost hit of new money laundering regulations

More than half of the UK’s law firms are gearing up for new Money Laundering Regulations, despite the guidelines not yet being finalised, a study has revealed. Two-thirds of law firms have already invested in additional training for staff, despite misgivings about the regulations. The research, conducted by LexisNexis, shows that 52 per cent of […]

Skadden assists Weil with Lion’s Russian juice deal

Clifford Chance, Skadden Arps Slate Meagher & Flom and Weil Gotshal & Manges have played key roles in Lion Capital’s leveraged acquisition of Russian juice producer Nidan Soki. UK private equity house Lion Capital turned to regular adviser Weil Gotshal with relationship partner Mike Francies leading the team. He was backed up by corporate partner […]

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