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Burges Salmon LLP

Living Wage
ONE GLASS WHARF, BRISTOL, BS2 0ZX, ENGLAND
Tel:
Work 0117 939 2000
Fax:
Fax 0117 902 4400
DX:
7829 BRISTOL
Email:
Web:
www.burges-salmon.com
Bristol, London

Richard Knight

Tel:
Work 0117 939 2259
Email:
Burges Salmon LLP

Work Department

Pensions law.

Position

Head of the firm's pensions practice and provides a full range of advice across the discipline. Advises the trustees and sponsors of pension schemes, draft pensions documentation and handles the pensions aspects of corporate transactions. Key clients include Western Power Distribution with pensions arrangements worth well in excess of £5bn and schemes sponsored by AT&T, Honda and Selex.

Career

Trained Burges Salmon; qualified 1999; partner 2006; Head of Pensions 2011.

Education

Attended Truro School; Bristol University (1996 LLB Law First Class Hons); Nottingham Law School (1997 Distinction).


London: Human resources

Pensions

Within: Pensions

Burges Salmon LLP's pensions practice is 'easily comparable to some of the best City firms' and 'fields a team of strong tactical thinkers who step up to the plate every single time'. Richard Knight and the 'genuinely fantastic' Justin Briggs lead the non-contentious and contentious teams respectively; Knight recently advised on equalisation issues and Briggs represented the affected members and representative beneficiary of the Safeway Pension Scheme in an equalisation claim that has been referred to the Court of Justice of the European Union. Other key names to note include 'highly analytical' legal director Suzanne Padmore, 'incredibly knowledgeable' public sector pension specialist Michael Hayles, regulatory and funding expert Clive Pugh, who is 'the star of the team'; Tim Illston, Alice Honeywill and Susannah Young.

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South West: Human resources

Pensions

Within: Leading individuals

Richard Knight - Burges Salmon LLP

Within: Pensions

The ‚Äėaccessible, knowledgeable and responsive‚Äô practice at¬†Burges Salmon LLP ¬†provides advices on all pensions matters for trustee and employer clients across the public and private sectors. Clients include AT&T, Honda, Siemens, Toshiba, Department for Education and UK Atomic Energy Authority. Clive Pugh¬†acted successfully acted for the trustees of the Silentnight scheme in a Judicial Review brought against the Pensions Regulator in relation to the case. Partner¬†Richard Pettit¬† advised Brunel Holdings Pension Scheme on one of the largest ongoing moral hazard investigations by the Pensions Regulator. Tim Illston¬†advised on the merger of five legacy-defined benefit and hybrid pension schemes with a total value of over ¬£1bn. The ‚Äėknowledgeable, supportive and accessible‚Äô Alice Honeywill¬†advised University of Oxford Staff Pension Scheme on a large-scale benefit restructuring. The ‚Äėexperienced and knowledgeable‚Äô Michael Hayes¬†advised FirstGroup in relation to consolidation of its pension assets in to the local government pension scheme (LGPS). Susannah Young¬† advised the trustees of the Leonardo Pension Schemes in relation to its transition to a new administrator. Practice head¬†Richard Knight¬†and Justin Briggs¬†are also recommended.

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Legal Developments by:
Burges Salmon LLP

  • Restoring environmental damage: putting a price on ecosystem services

    On 7 August 2009 a 40-inch pipeline ruptured, spilling 5,400 cubic metres of crude oil into the soil and groundwater of La Crau nature reserve in southern France, a habitat protected under French and European law. The operator had to excavate and replace 60,000 tons of soil, install 70 wells to pump and treat groundwater and 25 pumps to skim oil from surface water, at a cost in the region of ‚ā¨50m. However, this was just the primary remediation (that is, restoring the site to the state it would have been if the damage had not occurred). The operator was also required to compensate for the damage to the habitats and the loss of the ecosystem services that would otherwise have been provided by La Crau nature reserve. Measures included purchasing land outside of the nature reserve and contributing to its management for a period of 30 years (over ‚ā¨1m), monitoring the water table for 20 years (over ‚ā¨500,000), monitoring fauna over three years (‚ā¨150,000) and rehabilitation in accordance with best available ecological techniques (nearly ‚ā¨2m). Overall, the compensatory restoration (to compensate for the amount of time that the ecosystem was impacted) and complimentary restoration (to compensate for elements of the ecosystem that had been permanently lost) came to more than ‚ā¨6.5m. ‚Ä©
    - Burges Salmon LLP

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