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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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CC technology group targets global market

Clifford Chance is launching an international assault on the technology market, creating a global communications, media and technology group. Although the firm has worked along sector specific lines before, until now its group has been focused on London. Now the group will have its own global chairperson and will focus on the international market and […]

A lorra lorra lawyers

Are you a lawyer? Single? Looking for a new firm with partnership (and I don’t mean anything to do with equity) prospects? Well, the place to be is with James “Cilla” Hodgson and his crew at KLegal. Hodgson is on a mission – a matchmaking mission – and he hopes to be buying a new […]

Cr chelverton properties

Mark Dakeyne’s team at Wragge & Co won the role of adviser on this deal with Richmond Land via a longstanding relationship with private property company Richardson Group, parent company of Foxborough Developments. Carillion is also a client of Wragges. The partnership purchased interests in nine existing property development schemes from Richmond, with an anticipated […]

Berkshire healthcare nhs trust

This scheme to build a new hospital at Prospect Park in Reading is one of the first PFI transactions to close using the NHS standard form contract, and the second on which Clifford Chance has acted. It follows hot on the heels of the £35m Hexham Hospital deal, in which Clifford Chance advised the project […]

Norton Rose regains US finance ace

Norton Rose has taken on an acquisition finance partner from Jones Day Reavis & Pogue in New York. Tom Speechley, who worked for Norton Rose’s acquisition finance group from 1992 to 1998, returned to the firm on 1 May following a three-year stint in the US. His experience is in US buyouts and in the […]

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