Watson Burton sets up shop in Gherkin

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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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Seven Bedford hires six tenants to strengthen BakerPlatt tie-up

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Clarke Willmott hires herald double-digit profit boost

Bristol-headquartered Clarke Willmott has generated a double-digit rise on both fee income and profit per equity partner (PEP) during a year in which it has taken on new teams in Bristol and Birmingham but downsized in Taunton. Fee income rose by 18 per cent to £39.4m for the 2005-06 financial year, up from £33.4m last […]

Bonding begins at Reed Smith, Richards Butler

Reed Smith, Richards Butler” />Reed Smith and Richards Butler signed their merger agreement last month and the combination is due to go live on 1 January next year. Reed Smith chairman Greg Jordan led on the deal, but it is Philadelphia-based director of strategic planning Michael Pollack who will be working on the tricky integration […]

SJ Berwin’s PEP breaks £700K barrier

SJ Berwin‘s average profit per equity partner (PEP) figure has been bumped up to above the £700,000 mark following accounting revisions to take into account FRS5, work in progress and the firm’s move to new premises. The adjustments have seen the firm’s 2005-06 PEP reach £711,000, a 6 per cent rise on the preliminary figure […]

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 […]

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