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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
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Legal Business
10 January 2017
PayFinancial management

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.

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