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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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Applebys and Bailhache merge to create offshore powerhouse

Offshore law firms Appleby Spurling Hunter and Bailhache Labesse will merge on September 1 creating a firm with six offices and more than 600 employees. The new firm will be known as Appleby Hunter Bailhache and will offer legal, fiduciary and administrative services. Appleby Spurling Hunter’s managing partner, Peter Bubenzer, said: “Our strategic vision is […]

Eat our words

Tulkinghorn is famed throughout the legal land for his hard- headed approach to life and the law. But even he was moved (to the bar, actually) after a quick squizz at the pics that accompanied the following message:“Dear Tulkinghorn,I though you might enjoy some photos of my young daughter Lucy (aged seven months) devouring The […]

Kit Kat takes over at Landmark

Landmark Chambers has picked Christopher Katkowski QC as its new head of chambers. Katkowski, known by everyone within the set as ‘Kit Kat’, will be responsible for continuing the consolidation of the merger that formed Landmark four years ago. The set has made an impression since 4 Breams Buildings and Eldon Chambers came together and […]

Gibson Dunn suffers second defection

Electra Partners Europe has raided Gibson Dunn & Crutcher‘s London office for its first in-house counsel, just days after the US firm lost a corporate finance partner to Barclays. The mid-market private equity house has appointed Annie Rainsford (née Marsh) to the newly created role of in-house counsel. She was previously senior counsel at Gibson […]

Watson Burton cracks £700,000 PEP barrier

Watson Burton cracks £700,000 PEP barrier” />Watson Burton has posted its highest-ever profit and turnover results, putting it well clear of its regional competition and ahead of most national rivals. Average profit per equity partner (PEP) for 2005-06 was up by 38 per cent, from last year’s £515,000 to an astonishing £712,000. The Newcastle firm […]

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