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07 May 2009
Issue: 7368 / Categories: Legal News , Public , Commercial
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Bonus refused

News in brief

The high court has blocked payment of a £175,000 severance payment agreed with the chief executive of an NHS Trust forced out in the wake of a “superbug” outbreak, on the basis that it was “irrationally generous”. Meanwhile, the European Commission has set out principles for remunerating risk-based staff in financial institutions. These include deferring bonuses and the use of claw-back clauses to reclaim bonuses where data has been proven to be manifestly misstated.

Issue: 7368 / Categories: Legal News , Public , Commercial
printer mail-details

MOVERS & SHAKERS

HFW—Nelson Wang

HFW—Nelson Wang

HFW strengthens global insurance practice and Greater China offering with London Partner hire

Burges Salmon—David McEwing

Burges Salmon—David McEwing

Burges Salmon boosts Energy and Utilities practice with appointment of David McEwing

Browne Jacobson—Alexander Studholme

Browne Jacobson—Alexander Studholme

Browne Jacobson adds international construction arbitration partner in London push

NEWS
Law firm trainees are choosing US firms over their UK comparators, according to Chambers’ annual report on UK trainee satisfaction
A former senior judge has warned peers against scrapping juries for fraud and financial crimes, ahead of the Courts and Tribunals Bill’s second reading in the House of Lords this week
Civil practitioners face changes spanning debt recovery, workplace harassment and possession claims, alongside guidance on insolvency challenges and children proceedings

Finding matrimonial wealth is as challenging as dividing it, as family disputes draw practitioners into asset tracing, offshore structures and insolvency

Agreement between opponents offers no guarantee that a court will approve a retrospective increase to a costs budget
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