Addleshaws lands Sofia dispute tender

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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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Cost-cuts boost Dentons PEP 37 per cent; turnover slumps

Denton Wilde Sapte has boosted its average profit per equity partner an astonishing 37 per cent due mainly to a restructuring of the firm’s property portfolio and the closure of its Asian offices. PEP has climbed £101,000 to £375,000. This includes a £45,000 boost from the restructuring of the firm’s London property portfolio. In November […]

LeBoeuf’s London foothold takes market by surprise

When LeBoeuf Lamb Greene & MacRae posted a £7m increase in London turnover for 2005, more than a few eyebrows were raised across the City. The reaction within the firm was not quite smug, but they certainly were not surprised. “We’re exactly where we expected to be,” says London managing partner Peter Sharp. Unlike some […]

Big cases fail to halt BLG’s turnover blues

Barlow Lyde & Gilbert (BLG) is bracing itself for a drop in turnover, despite involvement in high-profile cases such as Equitable Life. Preliminary results for the past financial year showed that income was down by 2 per cent, meaning revenue dipped to around £78m after hitting £80m in 2005. Average profit per equity partner is […]

Grande Stevens in corruption probe

Italian law firm Grande Stevens has been caught up in one of the biggest football match-fixing scandals to hit the Italian league. Franzo Grande Stevens, the legendary founder of Grande Stevens, was president of Italian champions Juventus until the entire club board resigned following the release of phone transcripts suggesting that club general manager Luciano […]

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