Bermuda

With its new Companies Amendment Act, Bermuda is more appealing as a global business jurisdiction. By Ernest Morrison and Jonathan Betts

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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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Mourant ships in two for City boost

Offshore firm Mourant du Feu & Jeune has boosted its London presence, transferring two of its leading partners across from its Jersey headquarters. Capital markets specialist Brian Scholfield moves across to become managing partner of the London office, taking over from Daniel Birtwistle. Scholfield will be joined by partner Gareth Rigby, a specialist in corporate […]

BAE leak intensifies govt court battle

Confidential and legally privileged material belonging to the Campaign Against the Arms Trade (CAAT) has been leaked to BAE Systems, ahead of CAAT’s court battle with the government. On the advice of its legal team, CAAT yesterday made an application to the High Court to reveal the source of the leak. The Court has directed […]

MBRM tops French RPP table

Partners at Mayer Brown Rowe & Maw (MBRM) have emerged as the most productive in France, bringing in almost €6m (£3.93m) worth of business each last year. The firm made €23m (£15.06m), with Paris partners billing an average of €5.75m (£3.77m). The firm also has the fifth-largest revenue per lawyer at €696,000 (£456,000). Figures compiled […]

Herbies helps Tata seal £6.7bn Corus deal

Indian conglomerate and Herbert Smith client Tata emerged triumphant in an eight-hour £6.7bn auction for Anglo-Dutch steelmaker Corus last night. The auction concluded a strung-out battle for Corus that pitched Tata against Brazilian miner Companhia Siderugica Nacional (CSN), advised by Macfarlanes. Corus instructed Slaughter and May, with partners Anthony Newhouse and Andrew Balfour on the […]

Bryan Cave boosts London revenue 22 per cent

Bryan Cave’s seven-partner London office has posted a 22 per cent rise in turnover for its 2006 financial year, with revenue up from £10.9m to £13.3m. The revenue per lawyer in the 30 fee-earner office also showed impressive growth, up by nearly 17 per cent to £515,000 for 2006 compared with £440,000 in 2005. London […]

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