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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

Clyde & Co—Suriya Ashok

Clyde & Co—Suriya Ashok

Clyde Co strengthens energy transition and construction offering with hire of Suriya Ashok

Jurit—Nicole Gallop Mildon

Jurit—Nicole Gallop Mildon

Jurit appoints rare dual-qualified lawyer to expand Anglo-French private wealth expertise

NEWS
The Supreme Court has settled a long-running dispute over part-time workers: unfavourable treatment need be a significant or effective cause, not the sole cause
Arbitration may be private, but its confidentiality is no impenetrable shield. Writing in NLJ this week, James Glaysher of Kingsley Napley examines when courts will permit arbitral material to surface in open litigation
The Financial Reporting Council’s revised Audit Enforcement Procedure will alter the balance of power in corporate investigations
A telecoms operator may be able to hold over under the Landlord and Tenant Act 1954, yet still be unable to secure a renewal: an outcome described as a legal ‘paradox’

Safety fears do not automatically justify shutting an interested person out of a statutory will application

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