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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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Plea to ministers as pro bono week begins

The Law Society joined forces with the Bar Council and the Institute of Legal Executives this morning to launch the seventh annual Pro Bono Week. It is expected to be the biggest event of its kind to date, with more than 70 organised events compared with 30 in 2007. Michael Napier, Irwin Mitchell partner and […]

Pinsent Masons turnover up 6 per cent at mid-year

Pinsent Masons turnover up 6 per cent at mid-year” />Pinsent Masons has reported growth of 6 per cent at the mid-point of the 2008-09 financial year. The firm turned over £105m, in contrast to £99m for the same period during 2007-08. Managing partner David Ryan (pictured) said: “The litigation and the Outsourcing, Technology and Commercial […]

LSC job cuts spark fears for access to justice

The Law Society has warned that access to justice could be adversely affected after the Legal Services Commission (LSC), which runs the legal aid scheme, cut 600 jobs. As revealed by TheLawyer.com (4 November), the LSC is to shrink its ­headcount from 1,700 to 1,100 by 2011 in a bid to reshape its business support […]

Wachtell promotes six to the partnership

Wachtell Lipton Rosen & Katz has made up six lawyers to the partnership in the New York firm’s latest round of promotions. Corporate was the biggest beneficiary, receiving three promotions in the form of associates Matthew Guest, David Lam and Ante Vucic. Ian Boczko was promoted in litigation, while Damian Didden and David Kahan were […]

Arbitrary agreement

Inserting arbitration clauses as standard into trust deeds may well be a waste of time, argues Ian Meakin Arbitration is increasing in popularity and Switzerland is a well-established jurisdiction to arbitrate disputes. This had led some private banks in Switzerland to insert arbitration clauses into their trust deeds as standard. However, despite the many advantages […]

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