Ashurst, Dentons, Gibson land roles on Kroll MBOs

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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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Aussie firm Blake Dawson opens in Singapore

Australian firm Blake Dawson has opened an office in Singapore as part of its expansion into South East Asia. Blake Dawson managing partner John Carrington said that the Singapore office would concentrate on providing advice in specialist areas to Australian and international companies wishing to grow their Asian operations. The firm’s main focus in the […]

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Field Fisher partner trapped by Mumbai terror attack

Field Fisher international head Mark Abell is trapped inside a Mumbai hotel room after being caught up in the terrorist attacks city. Field Fisher Waterhouse (FFW) international head Mark Abell is trapped inside his hotel room in Mumbai after being caught up in the terrorist attacks that hit the city last night. Gunmen, armed with […]

Davis Polk advises Citigroup on US government bailout

Davis Polk & Wardwell has scored another credit crunch-related mandate, advising US bank Citigroup on its $20bn (£13.4bn) government bailout. Davis Polk partners Gar Bason, Randall Guynn, Louis Goldberg and Avishai Shachar are leading the team acting for the bank. Cleary Gottlieb Steen & Hamilton is advising the US Treasury on the deal. The move […]

Mayer Brown in redundancy talks with 11 London lawyers

Mayer Brown in redundancy talks with 11 London lawyers” />Mayer Brown has launched a redundancy consultation for 11 lawyers working in its London office. The move is part of a global cost-cutting drive which has seen 33 lawyers axed in the US. The firm is also reviewing the jobs of a number of support staff […]

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Berryman lays off 12; Berrymans hiring 12

Nottingham firm Berryman has made several redundancies. It is understood that 12 have lost their jobs in total, although the firm has not yet confirmed specific numbers. Chairman Richard Brackenbury said: “The pressures on businesses throughout the UK caused by the current economic downturn are obvious. For any business, the basic task is keeping profit […]

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