A&O Madrid advises on CVC supermarket buy

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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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Citigroup lawyer takes on senior role

Citigroup has announced that its top lawyer Charles Prince is to become chairman and chief executive of the global corporate and investment bank. Prior to his new appointment, Prince had held the position of chief operating officer at the company. His current responsibilities for risk, legal, compliance, technology, human resources, communications and government relations will […]

Deals summary

Arnold & Porter (Julian Thurston, Bradley Theobald, Cathryn Noke) advised Cambridge private biotechnology company KuDOS Pharmaceuticals on the completion of a third round of private equity funding totalling £29.5m. Charles Russell (Jennifer Pierce, Glafkos Tombolis) advised Elevon on the sale of its UK operations for $16.5m (£10.6m) to its UK management team in a deal […]

Keeping abreast in partnership

In many firms, making up shedloads of women partners would be a cause for a certain amount of celebration – lots of PR value, women breaking through the glass ceiling, trebles all round. Ah, but not at Ashurst Morris Crisp. According to managing partner Justin ‘Pankhurst’ Spendlove, the fact that Ashursts made up 14 female […]

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