Bingham restructuring ace joins Jones Day

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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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Wealth club’s new member

Money, money, money. Go on, admit it, you’ve been gagging to know all the little nuggets revealed in The Lawyer’s very first Money Issue. The UK’s richest lawyer last year was Andrew Nulty of Warrington’s Avalon Solicitors. You might well ask: “Who?” Nulty heads a US-style ‘class action’ boutique that has almost literally appeared from […]

Cripps awards double bonuses after posting record results

South East firm Cripps Harries Hallhas paid double its anticipated bonuses after a strong financial year. Managing partner Jonathan Denny said the payments were made possible through a strong performance resulting from a reorganisation of the firm. “There’s no doubt in my mind that our refocus of the business along client industry sectors has re-energised […]

Law Soc brings in work-based qualification

The Law Society has proposed opening new routes to qualification. The alternative system would enable work-based learning centred on a new portfolio on which all trainees would be assessed. Trainees who wished to follow the new route would be able to register themselves with the Law Society’s regulation board, then plan their own portfolio and […]

Burness overhauls management team

Scottish firm Burness has reshuffled its management team, after promoting former head of property Ian Wattie to managing partner at the start of August. Partner Richard Rennie becomes the new head of property, with head of banking Scott Wilson elected onto the newly-created governance and strategy board. Wilson joins Wattie and firm chairman Philip Rodney […]

DLA Piper wins lead role on controversial fraud GLO

DLA Piper Rudnick Gray Cary has fought off competition from McGrigors to be appointed as lead solicitor in a group litigation order (GLO) for a potential 150 companies claiming damages against the government that could run into millions. The companies are claiming for losses caused by Revenues & Customs, which has penalised them for their […]

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