US ally aids Olswang’s hedge fund deal

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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 scores victory for fertility doctor

Clifford Chance won a High Court victory with a decision ruling that raids carried out on two IVF clinics run by fertility doctor Mohamed Taranissi were unlawful. The Human Fertilisation and Embryology Authority (HFEA), accompanied by the police, searched the London clinics in January. The High Court quashed both search warrants obtained by the HFEA […]

Reed Smith pushes real estate finance with DLA Piper star

Reed Smith Richards Butler has raided the London office of DLA Piper to boost its real estate finance practice. Terry Green will become a partner in the firm’s European real estate finance team in August, working alongside financial services practice head Nola Beirne and real estate partners such as Paul Johnston and Graham Reid. Reed […]

Halliwells kicks off fraud unit as Keoghs raid lands dedicated team

North West firm Halliwells has scooped a team of fraud specialists from rival firm Keoghs. The team, which is headed by partner Damian Ward, has moved to form Halliwells’ new bespoke fraud unit, which will investigate fraud claims and train claims managers to improve how they detect and investigate fraud claims. Halliwells managing partner Ian […]

Gibraltar

Gibraltar is not only a member of the EU, but the phasing out of its tax-exempt company regime means it now enjoys access to the European Subsidiary Directive. By James Lasry Recent reforms in tax and fund legislation have made Gibraltar a particularly attractive jurisdiction for the incorporation of European private equity and property funds. […]

Web week

The Lawyer‘s Web Week is a weekly commentary on legal activity on the web. This includes an overview of the best of the week’s blogs. If you want to direct us to useful links, email webweek@thelawyer.com. Cash and harried Hats off to Allen & Overy (A&O) for telling it like it is on the employee […]

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