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Latest Briefings

Future of public procurement in UK in the event of ‘no-deal’ 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 […]

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 under CPR 71 – Court of Appeal

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 […]

BVI to implement changes to rules governing SPCs registered under BCA

By Michael Killourhy The British Virgin Islands (BVI) will shortly implement some important changes to the rules governing segregated portfolio companies (SPCs) incorporated or registered under the BVI Business Companies Act, 2004 (BCA). These changes, introduced by the BVI Business Companies (Amendment) Act, 2018 (the 2018 BCA Amendment Act) will come into force on 1 October […]

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Linklaters blue as Eversheds nabs client

Eversheds’ property practice has won a prestigious new appointment to replace Linklaters & Alliance as adviser to Lend Lease on its flagship project, Bluewater Shopping and Leisure Centre. The appointment follows a competitive tender process held over the summer and coordinated by in-house solicitor Jackie Jordan, a compliance officer for the financial services side of […]

Orrick hikes Tokyo presence with head of A&O's Japanese practice

San Francisco firm Orrick Herrington & Sutcliffe is ramping up its Japanesesecuritisation practice with a hire from Allen & Overy’s (A&O) jointventure partner. Kaoru Haraguchi was one of the founding partners of A&O’s Tokyo jointventure firm Akatsuki International Law Office and head of the firm’sJapanese law practice.His arrival at Orrick’s Tokyo joint venture Orrick Sho […]

Sidley scores Morgan Stanley hat trick

The London office of Sidley Austin Brown & Wood has pulled off a hat trick of commercial mortgage-backed securitisations for longstanding client Morgan Stanley International.The deals are the fifth, sixth and seventh securitisations of this kind done by Morgan Stanley, and Sidley Austin has worked on all but one of them. The firm won the […]

Legal Widow

Liability started school this year, and during the drive to the school on her first day she took all her clothes off and threw them out of the window without me noticing. To tell the truth, I ignored Subjudice’s laconic remark that Liability was bare naked in the back because I was so keen to […]

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