Big bucks to the fore as Lucas shuns Weil for Kirkland

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Latest Briefings

Walker Morris team explores opportunities in new entry-level exception sites and starters homes

By Richard Sagar, Karl Anders, Graham Whiteford, Josh Kitson Introduction This briefing note, prepared by the Walker Morris Planning Environment Team, explores the opportunities presented in the new National Planning Policy Framework (“NPPF2“). Specifically, the opportunities to obtain planning permission for new entry-level exception sites consisting of affordable housing for first-time buyers on previously unallocated […]

FCA published near-final rules amending the jurisdiction for SMEs and guarantors

By Paul Gair The FCA yesterday released its policy statement (PS18/21) on SME access to the Financial Ombudsman Service (FOS), setting out its near-final rules for amending the compulsory jurisdiction to include new definitions for “small businesses” and “guarantors”. At the same time, it has released a new consultation paper (CP18/31) detailing proposals for increasing […]

Walker Morris litigation specialists reviews regulator’s proposals for dealing with push payment fraud

By Louise Power, Rachel Elgar Banking & Finance Litigation specialists Louise Power and Rachel Elgar report on the Payment Systems Regulator’s (PSR) recent proposals for dealing with push payment fraud. What is push payment fraud? Payments are described as ‘push payments’ when the payer obtains the payee’s account details and instructs their bank to send (or push) […]

Impact of 2019 budget proposals on Dutch’s buyout sector

The Dutch government published important tax measures in its 2019 budget proposals with a potentially significant impact on the Dutch buyout sector. Some of these measures may result in a higher effective tax burden if appropriate action is not taken…

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High Court rules that Richard III must be buried in Leicester Cathedral

The Government has successfully defended the judicial review claim brought by Leeds firm Gordons on behalf of the “descendants” of Richard III, meaning the remains of the last Plantagenet king will be buried in Leicester. In a judgment handed down this morning (23 May) Lady Justice Hallett and Mr Justices Ouseley and Haddon-Cave rejected the claim, […]

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Kirkland & Ellis raids Weil for banking star Stephen Lucas

Weil Gotshal & Manges banking chief Stephen Lucas is leaving the firm after three years for Kirkland & Ellis. Lucas joined Weil in 2011 from Linklaters, having also spent a number of years at Clifford Chance. He has strong links with Goldman Sachs and Citigroup, and as a junior lawyer spent time on secondment at […]

Does the partnership model matter?

Macfarlanes senior partner Charles Martin tackles the sector’s biggest white elephant this week: is partnership an idea on the brink of extinction?  That Addleshaw Goddard is reeling from a managing partner election shrouded in the 10-year legacy of a north-south merger and Pinsent Masons is preparing for a similar period of managerial uncertainty, highlights precisely […]

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DWF to take up residency in London’s Walkie Talkie

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Final word on banking conduct remains with FCA and PRA, says Eversheds

Eversheds partner Andrew Henderson has said that the final word on banking conducts remains with the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA), despite the launch of the UK Banking Standards Council. Henderson said: ‘The contents of the Banking Standards Review are not unexpected and its aims laudable. The extent to which […]

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