US government case set to collapse after Enron boss death

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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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Ashurst beefs up German capital markets team with Freshfields hire

Ashurst has strengthened its German capital markets team with hire of a Freshfields Bruckhaus Deringer associate, its second German hire in as many months. Tobias Krug joins as a partner and will start at Ashurst’s Frankfurt office in October. The structured finance expert specialises hybrid capital, equity-linked instruments and securitised derivatives, according to German magazine […]

That’s the way to do it

Congratulations to Shoosmiths, which won Management Team of the Year at The Lawyer awards. It posted another rise in profit per equity partner this year of 16 per cent, to £396,000 – the fifth consecutive year of profit increase. Turnover was up 23 per cent. Other national firms, take note.

Full support

Recent rulings have brought charities to the forefront of public service. By Chris Priestley The role of charities in the provision of public services has evolved dramatically in recent years and looks to have been given centre stage in the current Government’s agenda. In the immediate aftermath of World War II the UK public and […]

Spanish lawyer bags top EC competition role

A senior lawyer at the Spanish competition authority is expected to be appointed to the European Commission’s directorate general for competition today. Nadia Calviño Santamaría, will become the deputy director general with special responsibility for mergers. She will report to director general Philip Lowe, who is also currently the acting deputy director general for mergers. […]

Standard Chartered legal chief in move to Dubai

Standard Chartered group head of legal David Brimacombe is jetting off to Dubai to take up a new position at the bank, leaving the organisation to search for a successor in London. Brimacombe is moving to the Gulf in the next few months to help drive forward the bank’s operations in the region. The bank […]

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