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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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Davis Polk, Shearman sort out Ford debt

Davis Polk & Wardwell and Shearman & Sterling are advising on Ford Motor Company’s debt restructuring. Davis Polk partners Donald Bernstein, Michael Kaplan and Larry Wieman are advising Ford. Ford Credit will offer $1.3bn (£920m) for unsecured Ford bonds and $500m (£352.95m) for secured loan debt. Shearman partners Lisa Jacobs, Michael Benjamin and Peter Blessing […]

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Axed DLA staff vent spleen over packages

A leaked internal memo has exposed the scale of anger over DLA Piper’s job-cutting programme, with employees confronting­ ­senior staff about the ­redundancy ;packages offered by the firm. As revealed on The Lawyer.com (11 March), minutes from a meeting held last month, after the firm announced it was to lose 30 lawyers and 110 ­support […]

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 MIPIM2009

Arriving at Cannes at first nothing really looked different from any other year – the expanses of additional tented exhibition space, the hoardings bearing the names of various agents and banks adorning the front of various hotels and the sun glinting off the boats bobbing along the Jette Albert Eduoard. ‘Less is more’Monday 16 March […]

Dentons cuts 76 jobs at end of consultation

Denton Wilde Sapte has laid off 76 people after holding a redundancy consultation with a number of departments across its London and Milton Keynes offices. A total of 37 fee-earners have lost their jobs with the remainder of the redundancies affecting the secretarial, IT, telecoms and library departments. The firm’s chief executive Howard Morris said […]

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