A&O and Freshfields take the lead on £2bn telecoms buyout

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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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Telecoms giant Veon – formerly known as Vimpelcom – has made a new pledge to boost the offering in its three global shared services centres, The Lawyer can reveal. This effort is part of Veon in-house legal department’s major drive for efficiency and compliance. Veon set up three global shared services centres (GSS) in Moscow, […]

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A&O beats magic circle rivals in global M&A league

Allen & Overy (A&O) has won a leading role on deals worth $278bn in the first half of 2018, making it the most prolific magic circle adviser of public M&A bids so far this year. According to preliminary data from Thomson Reuters, A&O was involved in 116 deals during the first half of this year, ranking […]

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Freshfields and Weil lead as European payments rivals join forces

Nearly a year after advising on Hellman & Friedman’s takeover of Nets, Freshfields Bruckhaus Deringer has strengthened its relationship with the private equity house by acting on a further deal for its payments portfolio company. The deal sees Nordic payments company Nets agree a tie-up with Concardis Payment Group, a rival provider in the German-speaking […]

Richard Trobman, Latham

Trobman takes top job at Latham

London partner Richard Trobman has been voted in as the new chairman and managing partner of Latham & Watkins. Trobman has been serving as co-interim chair of Latham, alongside US partner Ora Fisher, since the departure of Bill Voge earlier this year. Former global chair Voge stood down from the firm’s chairmanship in March after admitting […]

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