Ward Hadaway breaks £400k PEP barrier

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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’s second Cerburus deal saves Torex cash

Ashurst client Cerberus’s acquisition of troubled software retailer Torex has meant the company’s administrating banks have been able to recover most of their money. Advised by Allen & Overy (A&O), the Royal Bank of Scotland (RBS) recovered the majority of the £202m it leant to Torex when the heavily indebted software company went into administration […]

Hammonds takes overdrawings fight with ex-partners to High Court

Hammonds has followed through on its threat to sue a group of 14 partners who it alleges owe the firm money. The firm filed a claim form in the Chancery Division of the High Court and simultaneously issued a press release informing the media of the claim. “There’s going to be an almighty spat,” said […]

Manzoor slams amendments to Legal Services Bill

The legal services ombudsman Zahida Manzoor has voiced concerns about the detail of the Legal Services Bill. Manzoor, in her annual report, urged the Government to ensure the reforms deliver what was intended for the consumer and the profession. The report states that Manzoor is particularly concerned that recent amendments made by the House of […]

Mourant’s Pole vault

Global warming is no longer the biggest concern for the North Pole’s polar bears. Now the endangered not-so-cuddly critters face the calamity of an invasion of offshore lawyers. In Mourant du Feu & Jeune’s latest attempts to challenge offshore rivals Maples & Calder’s size or Conyers Dill & Pearman’s geographical spread, the Jersey-headquartered firm has […]

Rights and gongs

A few lawyers out there share something in common with Ryan Giggs, Teddy Sheringham and Ian ‘Beefy’ Botham. A few lawyers out there share something in common with Ryan Giggs, Teddy Sheringham and Ian ‘Beefy’ Botham. No, not a penchant for page three stunnas and a Stringfellows loyalty card, but recognition in the Queen’s Birthday […]

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