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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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Slaughters on standby to advise on BA rights issue

Slaughter and May looks set to advise long-standing client British Airways (BA) on an anticipated £500m rights issue. News of the rights issue has come before what is expected to be a stormy AGM tomorrow and analysts believe that it is the company’s best way to reduce gearing and plug its £1.4bn pension deficit.   Reports […]

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Privacy lawyers scramble to advise celebrities on tabloid phone hacking claims

Lawyers are gearing up for litigation stemming from the News International phone hacking allegations. Graham Shear Yesterday (9 July) The Guardian revealed that Rupert Murdoch’s empire News International had paid out more than £1m to settle legal cases that threatened to reveal phone hacking and other illegal action taken by its journalists. The article has […]

Martineau anoints new senior partner after leadership race

Andrew Whitehead, the head of energy at Birmingham-headquartered Martineau, has become the firm’s new senior partner after a contested election. Andrew Whitehead He replaces Roger Blears, who will continue to head the corporate finance team. Some 10 candidates vied to bag three roles including the senior and managing partner positions, together with a non-executive partner […]

Lovells lands Segro takeover of Brixton

Lovells and Clifford Chance have advised on Segro’s takeover of Brixton, which was agreed yesterday (9 July). The deal will create a £5.5bn company – the largest industrial REIT in Europe by property portfolio value. Lovells corporate partner Nigel Read, who led the team advising long-term client Segro alongside partner Nicola Evans, said that he […]

Mayer Brown partner guilty of Refco fraud

A Mayer Brown partner charged with conspiracy relating to the fraud at collapsed commodities brokerage Refco was found guilty on Friday (10 July). Joseph Collins was formerly head of Mayer Brown’s derivatives group and one of the firm’s most senior partners. As The Lawyer reported in 2007 (19 December 2007), Collins was charged with two […]

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