…while Biddle pay soars to £;45,000

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Latest Briefings

Parliamentary group proposes a Financial Services Tribunal

Kevin Hollinrake MP (Co-Chair of the APPG on Fair Business Banking) has published his report titled “Fair Business Banking for All: How to improve access to justice for businesses in financial services disputes” (the Report). Following the APPG’s responses to the FCA’s consultation on expanding the FOS’s jurisdiction (CP18/3), the Report sets out various recommendations […]

Draft legislative proposal introduces a minimum price for CO2

The Dutch government has published a draft legislative proposal for consultation that introduces a minimum price for CO2. The minimum price is introduced by way of a tax levied on electricity producers. The tax is levied per ton of CO2 emission. In the proposal, the tax rate per ton CO2 is calculated each year as […]

Adoption of unregistered land as highway

By Paul Weeks Unregistered land in unknown ownership can cause a headache on development and the extent of the issue will often depend upon what the land is needed for…

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Fraud expert Bueno quits Littleton

Littleton Chambers is losing one of its top commercial silks less than six months after hiring him. Antonio Bueno QC, who was head of chambers at 5 Paper Buildings before joining Littleton at the beginning of the year, is leaving. Renowned for his banking and commercial fraud expertise, Bueno is disciplinary tribunal chairman of the […]

Macfarlanes smashes magic circle pay scale

Macfarlanes has upped the ante in the assistant salary war by raising its rates above magic circle levels. Following the firm’s annual pay review this month, assistants with between 12 and 18 months post-qualification experience can expect to receive £50,000 a year. It is understood that newly qualifieds will get 8-10 per cent less than […]

King & Spalding raids Baker & McKenzie

The raid has left Baker & McKenzie with just three partners in its 20-lawyer Houston outpost. The departing partners – John Cogan, Duncan Gray, Kenneth Culotta and Philip Weems – all specialise in international transactions involving the energy industry and will join King & Spalding’s corporate group in the Houston office. A King & Spalding […]

UBS Warburg’s global general counsel quits

UBS Warburg Dillon Read is losing its global general counsel as he considers returning to private practice. Mark Harding is leaving the investment banking subsidiary of UBS after four years and will be replaced by Warburg Dillon Read’s current general counsel for the US, Bob Dinerstein. Harding joined UBS in 1996 from Clifford Chance where […]

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