Deutsche Bank refused Supreme Court permission to appeal in Libor battle

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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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New breed

A number of law firm leaders have been newly elected recently: Freshfields, Clifford Chance, Travers Smith and Herbies  to name just a few. How big is the scale of their task? Patient to succeed Lilley as Travers’ managing partner in January 2015 David Aitman: Freshfields’ fresh face Incoming CC managing partner vows to slim management […]

London
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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 […]

Goodman Derrick advises Restaurant Group on the disposal of Living Ventures interest

Goodman Derrick’s corporate department has advised the Restaurant Group on the recently announced disposal of its interest in the Living Ventures Group, following the sale of the Gusto business to a new company backed by Palatine Private Equity and the LVG management. The Restaurant Group operates more than 400 restaurants and pub restaurants. Principal brands […]

Sydney

Herbies u-turns on Australia pay freeze ahead of remenuration overhaul

Herbert Smith Freehills (HSF) is to lift its pay freezes in Australia after cancelling an annual salary review in 2013. Permanent staff in Australia will be told about their salary increases in July, with employees expected to be reviewed based on performance.  The initial pay freeze was isolated to staff in Australia, with the firm […]

Shoosmiths celebrates its first year at Two Colmore Square

In May 2013, Shoosmiths took over the city’s largest single floor plate of 40,000ft² at Two Colmore Square. The law firm is celebrating its first year at the address. The firm moved to accommodate growing numbers and to underline its commitment to servicing local and national clients. Around 180 legal advisers and support staff relocated […]

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