2007: the year of bullishness for US firms

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Latest Briefings

India: The age of telephony has arrived

On 19 June 2018, the Department of Telecommunications, Government of India (DoT) finally provided its nod to several key recommendations (Recommendations) made by the Telecom Regulatory Authority of India (TRAI) on the Regulatory Framework for Internet Telephony in October 2017. DoT has released a clarification (Clarification) and certain amendments to existing licenses (Amendment), both of […]

Claims management companies: The new regulatory regime

Walker Morris Banking Litigation partners Louise Power and Rob Aberdein explain the new regulatory regime and the Financial Conduct Authority’s proposals for changes to the regulation of claims management companies across England, Wales and Scotland…

Adjudication Matters – July 2018

The Courts have re-affirmed that, despite a contract containing an express right of set-off, it is only in exceptional circumstances that a party will be entitled to set-off another claim against an Adjudicator’s award. This case serves as a helpful reminder that a right to set-off is unlikely to apply to an Adjudicator’s decision. The […]

Two EU regulations on UCITS/AIFMD asset segregation requirements for depositaries upon delegation

On 12 July 2018, the European Commission adopted two delegated regulations supplementing the Alternative Investment Fund Managers Directive (AIFMD) and the Undertaking for Collective Investment in Transferable Securities Directive (UCITS) on the safekeeping of assets by depositaries and their delegates. Their main purpose is to eliminate discrepancies among different national regulations. The following aspects will […]

Sleeping time is not working time says Court of Appeal

By Siobhan Fitzgerald The social care sector is breathing a sigh of relief after the Court of Appeal in Royal Mencap Society v Tomlinson-Blake reversed previous cases and decided that only time spent awake and working should be counted as working time for the purposes of calculating the national minimum wage.

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Linklaters attempts Italy comeback with star A&O hire

Linklaters has made its first move to replenish its Italian offering by hiring star banking and finance partner Davide Mencacci from Allen & Overy’s Milan office. Mencacci will be Linklaters’ only Italian-qualified partner, and its third partner on the ground in Italy. Rome-based Luigi Sensi offers US securities and capital markets advice, while Milan partner […]

Sonnenschein launches in Silicon Valley

Chicago-headquartered firm Sonnenschein Nath & Rosenthal has made the first step of an ambitious growth strategy exclusively revealed in The Lawyer by opening an office in Silicon Valley in March. To kickstart the office, the firm’s third in California, Sonnenschein has lured IP partner Yar Chaikovsky from Weil Gotshal & Manges’ Silicon Valley office. Sonnenschein’s […]

MBRM tops French RPP table

Partners at Mayer Brown Rowe & Maw (MBRM) have emerged as the most productive in France, bringing in almost €6m (£3.93m) worth of business each last year. The firm made €23m (£15.06m), with Paris partners billing an average of €5.75m (£3.77m). The firm also has the fifth-largest revenue per lawyer at €696,000 (£456,000). Figures compiled […]

MoFo raids Ashurst, Freshfields for London offensive

Morrison & Foerster (MoFo) has beefed up its London technology practice with the hire of Chris Coulter from Ashurst.Coulter’s move coincides with the hire of two Freshfields Bruckhaus Deringer partners, who will launch MoFo’s structured finance practice in London. Freshfields partners Peter Green and Jeremy Jennings-Mares will help the firm import its capital markets practice […]

Latham reunites Enron prosecution team

US firm Latham & Watkins has secured the hire of its second prominent Enron prosecutor. Kathryn Ruemmler will be reunited with former chief prosecutor of Enron, Sean Berkowitz, whom Latham took on three months ago (see The Lawyer, 3 November 2006). While Berkowitz chose to stay in his home town of Chicago, Ruemmler will join […]

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