Barclays blocks pay for all KWM Europe staff as partnership continues toward administration

Barclays blocks pay for all KWM Europe staff as partnership continues toward administration

Staff at King & Wood Mallesons‘ (KWM) European partnership will be left without salary payments following the breakdown of negotiations with Barclays.

KWM Europe and Middle East managing partner Tim Bednall sent a memo to all staff confirming the firm would no longer be able to pay any salaries.

Your limit of 1 article in 30 days is up. Please login for full access or subscribe. Corporate users - click here for simple access (no password needed). For more information, please contact [email protected]