News roundup

Review of the year

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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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Law Society

Review of the year

Breaking news: Chaffe Street merges with Brabners

Manchester firm Chaffe Street has shrunk from sixteen partners to just six and is merging with Liverpool based Brabners. Three Chaffe Street insolvency partners, Shan Spencer, Pater Samekh and Martin Keates, are signed up to join DLA. Corporate partner Richard Hepworth has left for Manchester firm Cobbetts. In October 2001 four partners, Chris Lumsden, Anna […]

Lord Irvine lobbied to allow cases to be taped

The Fleet Street Lawyers, an association of 50 in-house lawyers from major national newspapers, are lobbying the Lord Chancellor, Lord Irvine to allow recording devices in open courts.

Shipping firms quizzed on billing for P&I work

Thomas Miller, which manages protection and indemnity clubs, is taking major steps across the globe to reform its own working practices and improve the way in which lawyers bill clients.

Norton Rose's balanced spread sees it ride out the IPO downturn

In the current economic climate, which has seen most big initial public offerings (IPOs) on hold or cancelled, Norton Rose’s targeting of the lower-end securities market has come good.In the last two months it has closed four AIM fundraisings for a mixture of brokers and issuers (see box). The downturn has been evident since the […]

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