Latest Briefings

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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A&O and Ashurst win £11bn Altadis-Imperial roles

Imperial Tobacco’s €16bn (£11bn) takeover of Spanish tobacco company Altadis has yielded a brace of deals for Ashurst and Allen & Overy (A&O). Ashurst is advising the banks Citigroup, ABN Amro, Lehman Brothers and Morgan Stanley, while A&O is acting for Imperial Tobacco. To fund the bid Imperial Tobacco will launch a £5.4bn rights issue […]

Clydes plots Middle East hiring spree

Clyde & Co has put the Middle East at the heart of its strategic priorities, with a plan to hire at least 40 lawyers in the region during the next financial year. The recruitment drive follows the firm’s hiring spree last year that saw it hire 32 lawyers in the United Arab Emirates (UAE) and […]

A&O boosts Bangkok with Norton Rose partner

Allen & Overy (A&O) has taken a Norton Rose partner for its Thailand office, making him counsel. Suparerk Auychai has banking and equity capital markets expertise and will join A&O’s 26-lawyer Bangkok office. Auychai was a partner at Norton Rose for two years, having been made up in 2005. Norton Rose is now left with […]

Hammonds launches last-ditch attempt to save law advice centre

Lawyers at Hammonds’ London office have issued a call to arms on behalf of Paddington Law Centre in West London, which faces imminent closure unless donations are forthcoming. For almost 35 years Paddington Law Centre has provided free, specialist legal advice and representation to Westminster’s poorest citizens in the practice areas of immigration, benefits, housing […]

HSBC follows Barclays’ lead in diversity stakes

HSBC is likely to require details of firms’ diversity policies in its upcoming panel review, head of group general counsel Richard Bennett has revealed. The bank, which does not have a set timeframe for when the reviews will take place, has highlighted diversity as an important factor for it to consider in its next review. […]

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