Allen & Overy advises on building society first

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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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Cloisters to set up base in Manchester

CLOISTERS Chambers is the first London set to open for business in Manchester. The opening of premises in St John Street makes the chambers, headed by David Turner-Samuels QC, the latest in a wave of provincial moves by London sets. “We’re getting more and more work from the big cities of the North,” senior barrister […]

Cripps takes on C&E work

South East firm Cripps Harries Hall has won the tender to act for the HM Customs and Excise (C&E) property portfolio in England and Wales. The firm will undertake mainly commercial property and related litigation work. The contract lasts until March 1998. The firm’s volume of work will increase in April 1996 as the C&E […]

Lawyers volunteer for violence hotline

A TEAM of family lawyers is offering support for victims of domestic violence. The 17 solicitors, from Welsh firm Hugh James Jones & Jenkins, are running the UK’s first free legal 24-hour helpline for victims. The lawyers have been trained by the Samaritans to handle the calls and take it in turns to go on […]

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Durnford Ford faces u8 million theft charge as case goes to trial

STRUCK-OFF solicitor Graham Durnford Ford will defend himself against Serious Fraud Office charges of stealing u8.5 million from his clients – including the Guide Dogs for the Blind Association – in a trial due to start this week. The trial will be the culmination of a two and a half year investigation by Sussex police […]

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