Focus: Partner Pay – How do you like your stake?

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Latest Briefings

Case law update: December 2018

By David Smedley, Andrew Rayment Bellman v Northampton Recruitment Ltd – Employer held liable for managing director’s violent conduct The Court of Appeal has found a company vicariously liable for the violent conduct of its managing director at a Christmas party where the attack left an employee severely disabled.

New IR35 rules for contractors in the private sector from 6 April 2020

By David Smedley, Andrew Rayment New IR35 changes due to take effect in the private sector from 6 April 2020 will have a significant impact on businesses that engage consultants or contractors via intermediary companies (either directly or through an agency). Affected employers will need to plan for these changes well in advance. Following a […]

Ethnicity pay gap reporting

By David Smedley, Andrew Rayment Mandatory pay gap reporting on grounds of ethnicity (similar to gender pay gap reporting) could be on the horizon. In line with a manifesto commitment, the Government has published a consultation paper on introducing mandatory pay gap reporting on ethnicity grounds. The consultation comes on the heels of the Government’s […]

Government considering reintroducing employment tribunal fees

By David Smedley, Andrew Rayment It has been reported that the Government is considering reintroducing employment tribunal fees. No specific details have been provided but the Ministry of Justice has said that it is confident that a fee system can be found which does not deny claimants access to justice (the reason the original fee regime was […]

Recommended

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Lucozade Sport is a drink not a food, tax tribunal rules

The maker of sports energy drink Lucozade has lost an attempt to prove that it is a functional food rather than a beverage, with the Tax and Chancery Upper Tribunal ruling that Lucozade Sport is mainly drunk for hydration and pleasure. In a bid to classify Lucozade Sport as zero-rated for VAT, the drink’s manufacturer […]

Jonathan Sumption QC
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Silks who make the cut at the Supreme Court

Successful Supreme Court silks are a special breed, with the same names dominating the most high-profile cases. Katy Dowell reports Only cases of the highest constitutional importance are heard in the Supreme Court. For many ­litigants it is the end of the legal line, so when it comes to picking counsel only the best will […]

Clifford Chance and Freshfields advise on MBO of Barclays private equity arm

Clifford Chance and Freshfields Bruckhaus Deringer won advisory roles on the management buyout of Barclays Bank’s private equity arm. Under the deal, Barclays Private Equity (BPE) is set to be spun out and renamed Equistone Partners Europe. Clifford Chance private equity head David Walker, the firm’s longstanding relationship partner for BPE, advised Equistone alongside funds […]

1

Allen & Overy and Freshfields lead as Virgin Money buys Northern Rock

Allen & Overy (A&O) and Freshfields Bruckhaus Deringer both had key roles advising on Virgin Money’s acquisition of nationalised bank Northern Rock, with the deal officially unveiled this morning. Virgin Money will pay £747m for Northern Rock – the ’good half’ of the bank that includes its 75 branches – creating an entity with four […]

Grey sky thinking

Cloud computing can provide benefits when it comes to e-disclosure but is still rife with potential pitfalls. Daniel Kavan advises implementing clear processes before the cloud is introduced  As explored in a recent Special Report in these pages, cloud computing is no mere trend or fad. Life in the cloud is here to stay […]

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