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Can UK employers claim the furlough grant while employees are on notice? Clarity is required.

Notice Pay during Furlough Leave The latest Treasury Direction for the furlough scheme, updated on 26 June 2020, could modify the effect of the Coronavirus Job Retention Scheme. New wording at paragraph 2.2 may be interpreted to suggest that notice pay cannot be claimed through the scheme. With retrospective application, employers require clarification from HMRC […]

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Covington adds financial regulatory partner from rival US firm

Covington & Burling has made its second hire of the year, picking up a financial services regulatory partner from Katten’s London office. John Ahern will join Covington after two years at his previous US firm. The partner has also spent time at Jones Day, DLA Piper, Addleshaw Goddard and Clifford Chance throughout his legal career, […]

London Stock Exchange

DWF’s share price plummets after Leaitherland’s shock exit

DWF’s share price dropped nearly 20 per cent today following the departure of CEO Andrew Leaitherland, making it one of the biggest fallers on the London Stock Exchange. Leaitherland’s exit from the world’s largest listed legal outfit was announced this morning; at which point DWF’s share price started off at just over 76p. However, a […]

Leaitherland steps down as DWF’s CEO in leadership shake-up

DWF’s longtime leader Andrew Leaitherland is passing on the baton as the firm’s CEO,  after leading for more than two decades and taking it from a national entity to a listed business. As part of the change, Leaitherland will also renounce his role as managing the firm’s two LLPs contained within the DWF brand. The […]

london

PE firm I Squared Capital brings in Skadden associate as first London GC

Private equity firm I Squared Capital has recruited an associate from Skadden Arps Slate Meagher & Flom as its first London-based associate general counsel. The firm, which specialises in infrastructure investments across sectors such as energy, utilities and telectoms, has hired associate Charlotte Dixon. She previously spent three years at the US firm. Dixon was […]

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