Qualified one-way costs shifting bites back — Wagenaar v Weekend Travel Ltd and Serradj

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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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Ogier Legal advises Mid Europa on the establishment of Mid Europa Fund IV

Ogier Legal has acted as Guernsey legal adviser to Mid Europa in relation to the establishment of Mid Europa Fund IV, which closed at €800m (£634m). Mid Europa Fund IV is a Guernsey authorised closed-ended investment scheme established primarily to make controlling investments in market-leading companies in central and eastern Europe and Turkey. William Simpson […]

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Lloyds panel review enters final stage with one week until deadline

Firms vying for spots on Lloyds’ own-account panel have been given a week to file tender submissions to the bank in preparation for an October panel unveiling.  Current panel firms Ashurst, Berwin Leighton Paisner (BLP), Clifford Chance, Eversheds and Linklaters are all expected to be aiming to meet the bank’s 29 August deadline for electronic tender […]

Khaitan & Co advises Hong Kong and Shanghai Banking Corporation on loan

Khaitan & Co has provided Indian legal advice to the Hong Kong and Shanghai Banking Corporation, Hong Kong branch. This was in relation to a $30m (£18m) term loan facility granted to the State Bank of India, Shanghai branch, for general corporate purposes. Partner Devidas Banerji represented the client on the transaction.

No5 family lawyers manage Leicester and Leicestershire Family Justice Board website

The Leicester and Leicestershire Family Justice Board website has been launched with the aim of assisting people with cases in the Family Court — especially those who are not able to obtain legal representation. Members of No5 Chambers’ Family Group Laura Vickers and Heather Popley manage the website. The chairman of LLF JB, Neville Hall, […]

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Marketing directors, £477,000 and the great salary debate

High marketing salaries don’t mean the world has gone mad. I read the debate/noise/nonsense/informed discussion (please delete as appropriate) the other week on the salaries of law firm marketing directors. Well, one salary in particular (‘Marketing chiefs at City law firms pocket salaries of up to £477,000’). Here are a few thoughts around this broad […]

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