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Pensions: Debt tough

Section 75 debts are proving a hard nut to crack for the Department of Work and Pensions. Chris Close reports Almost all defined benefit (or final salary) pension schemes are subject to Section 75 of the Pensions Act 1995. This legislation (supplemented by regulations) provides that when a pension scheme winds up, the scheme’s employers […]

TRIC shot

Last week (5 November), The Lawyer revealed news of Norton Rose‘s new international strategy to focus on Turkey, Russia, India and China. They are the TRIC countries, apparently, rather than the BRIC countries, which comprise the same ones, but with Brazil instead of Turkey. It’s been dubbed ‘New Horizons’, which is unfortunate. It merely adds […]

Penny Francis elected LG senior partner

LG managing partner, Penny Francis, will replace Bill Richards as the firm’s senior partner. Francis was elected by the firm, beating competition from fellow partners corporate head, Chris Tite, corporate partner Sunil Kakkad and tax partner Robert Field. The head of LG’s business and finance group Hugh Maule will replace Francis as managing partner. Francis, […]

BLG scoops Fladgate head of employment

Fladgate Fielder head of employment Adam Lambert is to join Barlow Lyde & Gilbert’s (BLG) employment practice. Against a background of slow growth, BLG’s employment practice has doubled its turnover in the last 18 months. Lambert said his decision to leave Fladgate Fielder came “because it is an opportunity not worth turning down”. Earlier this […]

Morris wins second term as DWS chief exec

Denton Wilde Sapte (DWS) chief executive Howard Morris has been re-elected for a second term. Denton Wilde Sapte (DWS) chief executive, Howard Morris, has been re-elected for a second three-year term beginning in February next year. Morris said: “My first three years as chief executive have provided a very solid base from which to drive […]

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