Tyco to split global legal function three ways

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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 […]

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Linklaters private equity duo quit for Kirkland

Linklaters global head of private equity Graham White has resigned from the firm along with partner Raymond McKeeve to join the London office of Chicago giant Kirkland & Ellis. The move will bring to an end months of market speculation surrounding White and McKeeve. The pair have been at Linklaters since 2001, when they moved […]

Maclays hit by Latham’s private equity poaching

Latham & Watkins has lured Maclay Murray & Spens‘ private equity partner Graeme Sloan in a massive setback to the Scottish giant’s private equity ambitions in London. Sloan, who has been at Maclays for 15 years, is a rising star in private equity circles and appeared in The Hot 100 supplement earlier this year. He […]

Separated at birth

Is it just a coincidence that Collins Stewart Tullett’s head of legal Simon Clark is a dead ringer for surreal comedy supremo Vic Reeves? Surely one of the more unlikely court battles of recent years was the broker’s defamation battle against the Financial Times, in which Collins Stewart initially claimed £37m and ultimately won £300,000? […]

Linklaters vows to reshape private equity after Kirkland raid

Linklaters has pledged to remould its private equity practice in the wake of the resignation of partners Graham White and Raymond McKeeve. As first revealed on www.thelawyer.com on Friday, White and McKeeve have quit the magic circle firm for Chicago-headquartered Kirkland & Ellis following months of speculation about their future. The Lawyer understands that senior […]

Housing key

The region’s property markets are lively but the affordability gap is large and growing. David Powell and Stephen Rosser report Property markets in the South West are a good deal more buoyant compared with the 1990s, although affordable housing is still a problem. But had someone 10 years back predicted that property would be the […]

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