A&O: the new Lovells

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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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Withers tempts London LeBoeuf partner

Withers has poached corporate tax partner Andrew Terry from the London office of LeBoeuf Lamb Greene & MacRae. Terry joins the newly formed funds, investment and business tax group and will focus on international corporate tax planning. The 16-strong group focuses on the alternative funds sector, including hedge and private equity funds as well as […]

Teare becomes fourth new High Court judge this year

Quadrant Chambers’ head Nigel Teare QC is to become the newest High Court judge, the Department for Constitutional Affairs (DCA) announced yesterday (31 July). Teare’s appointment follows the recent announcement that Mr Justice Leveson has been promoted to the Court of Appeal after the retirement of Lord Justice Brooke. He is the fourth High Court […]

A&O and Sidley take first half debt crown

The Allen & Overy and Sidley Austin debt teams have dominated the European capital markets during the first half of 2006. Linklaters continues to lead the charge in equities while Freshfields Bruckhaus Deringer wins top spot in IPOs in Thomson Financial’s European capital market tables for the second quarter. A&O maintained its lead position for […]

No smooth sailing for silks list

Perhaps the biggest criticisms of the new silk appointment process have come from those who acted as referees. Initially positive reactions from hour-long telephone conversations with recruitment consultants turned to disbelief when written references were sent for approval. It seems that our learned friends had trouble understanding the new process and became terribly upset when […]

Private client team flees Simmons

Simmons & Simmons has axed its four-lawyer private capital team, which will join Lawrence Graham in September. Simmons was one of the few big City firms still offering advice to private clients, but the firm’s renewed focus on banks and corporate means the practice no longer fits into its business strategy. Simmons managing partner Mark […]

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