Bill set to axe IHT loan trusts

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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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Pay experts for work done

As a result of a letter from Richard Freeman (The Lawyer 29 November 1994), it has been suggested that I am condoning “conditional fee testimony” where it affects quantum rather than liability. In fact, I do not believe there is any place whatsoever for expert witness remuneration to be tied to anything other than the […]

Paving a road to success

Law firms are chasing substantial business as the demand for project finance increases reports Mary Heaney While law firms have seen no great increase in the amount of asset financing transactions, domestic and international project finance work has escalated. “There’s huge developments, particularly in electricity in Asia and high speed train networks in Europe,” according […]

Easy in, easy out

Melanie Oley on the considerable benefits of single currency funds With the low level of interest currently being offered on deposits by banks and building societies, savers may well be looking for a better rate of return on their deposits. Money funds or single currency funds are often able to provide this return without the […]

Clifford Chance marketing man goes to Stock Exchange

CLIFFORD Chance marketing chief Robert Pay is to join the Stock Exchange. Pay is the third senior figure from the marketing department to leave since last July. Carolyn Griffiths left to train as a barrister, and Michael Belford joined top surveyors Richard Ellis. Pay’s appointment as the exchange’s head of marketing ends a seven-year reign […]

First users try out new Quill system

Fennell Betson reports Essex residential conveyancing practice Darcy White is one of the first to try Quill Computer Systems’ conveyancing case management system. Partner Roger Morse says: “Because of this we have been able to incorporate some of our own ideas into the software.” Quill’s managing director Tony Landes says the new system is currently […]

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