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Latest Briefings

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…

The meaning of occupation in the context of business rates

By Sophie Tracey, Lucy Shepherd In a decision that will be welcomed by property owners, a recent case has considered the meaning of ‘occupation’ in the context of business rates and has decided that the motivation for occupation is not relevant. Background Principled Offsite Logistics Ltd (POLL) applied for judicial review to challenge a local authority’s […]

Overage provisions helping landowners to ensure a fair price for its land

By Bhavesh Amlani, Michael Callaghan Overage provisions are a common feature of the development landscape, helping to ensure that a landowner receives a “fair” price for its land. Introduction Overage provisions give a landowner the right to receive a future payment following the sale of the property if the developer enhances the value of that property. […]

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Clifford Chance reinstates NQ salary benchmark

Clifford Chance has upped newly-qualifieds’ salaries, returning pay to pre-September 2003 levels. Newly-qualifieds will now be paid £50,000, the same rate they enjoyed before the firm introduced a salary review last April, which saw pay cut from £50,000 to £48,000 for those joining after September 2003. Trainees will be paid £29,000, a small increase on […]

Allen & Overy names German senior partner

Allen & Overy has appointed finance partner Neil Weiand as senior partner for Germany. Weiand, who is just 42, replaces Arndt Overlack who has stepped down. Cornelius Fischer-Zernin has been re-appointed as managing partner for Germany for a second term.

Heatons firms up Baugur relationship after winning Goldsmiths brief

Niche Stoke-on-Trent firm Heatons is cementing its relationship with retail giant Baugur after winning its third instruction from the Icelandic company, this time to advise on the £110m acquisition of UK jewellery retailer Goldsmiths. The corporate and commercial firm scooped its first job for Baugur last November, when it swooped on Allen & Overy’s (A&O) […]

Shanghai dawn for Squire Sanders

Squire Sanders & Dempsey is continuing its push into China with the unveiling of a Shanghai office. Squire Sanders Beijing managing partner Dan Roules, who is also in charge of coordinating the firm’s China practices, will head the office, dividing his time between Beijing and Shanghai. Communications partner Amy Sommers will become a full-time resident […]

Fladgate Fielder boosts construction with lateral

West end firm Fladgate Fielder has strengthened its construction practice with the hire of a former Mayer Brown Rowe & Maw partner. Gillian Birkby, who had been with Mayer Brown Rowe & Maw for a quarter of a century, will move to Fladgate Fielder on 1 July where she will join a team of two […]

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