Will EC laws make net gains for firms?

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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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Couderts to help Korea re-organise

Coudert Brothers is leading a consortium advising the Republic of Korea on reform of its corporate governance. The team is led by Couderts partner Barry Metzger, who has joined the firm from the Asian Development Bank where he was general counsel. Metzger says Korea’s inadequate corporate governance practices are partly to blame for the economic […]

This week

Insurance lawyers are attending an international reinsurance conference in Monte Carlo from Sunday until Thursday, called Le Rendez-Vous de Septembre and run by a commercial organisation of the same name. It is described by one insurance lawyer as “the yearly bunfight of insurers, insurance hangers-on and acolytes”.

Flotations & Financing

Norton Rose acted for The Shipping Corporation of India in a refinancing of promissory notes worth $108.7m (£64m) issued by the company in connection with its new buildings programme. The Norton Rose team included shipping finance partner Harry Theochari and shipping finance assistant Richard Howley. The noteholder, the State Bank of India, was represented by […]

German engagements

For many months now Clifford Chance has hogged the merger-mania headlines. So it must have been with great satisfaction that the partners at Freshfields approved its merger with German firm Deringer Tessin Herrmann & Sedemund – just 24 hours or so before Clifford Chance goes down the same road with Punder Volhard Weber & Axster. […]

Emma Taylor on allocation of damages to small children.

Acting for children in settling small claims begs the issue of whether costs should be awarded. But there has been conflicting authority on this point. I recently acted for a claimant in the Uxbridge County Court. My client was seven when involved in an accident at the defendant’s premises, a large supermarket. My client walked […]

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