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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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Simpson Thacher promotes two in London

Simpson Thacher & Bartlett has made up two corporate finance lawyers in London in its latest round of partnership promotions. London lawyers Ian Barratt and Sinead O’Shea are two of five lawyers to be promoted globally. Barratt will remain in the London office while O’Shea will be relocating to Hong Kong. Simpson Thacher London-based partner […]

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‘Conduct unbefitting’ claim levelled as Beresfords tribunal is extended

The Solicitors Disciplinary Tribunal hearing against Jim Beresford of Doncaster-based Beresfords Solicitors has been adjourned due to the case proving more technical than expected. The hearing, in which Beresford and his colleague Douglas Smith face 11 allegations of misconduct relating to their handling of sick coalminers’ compensation claims, is expected to continue for an additional […]

Profit dip forces Herbies into £50m tax U-turn

Firm tears up tax year deferral plan in response to bleak predictions for the year ahead. Herbert Smith has ditched plans to overhaul its financial reporting system after a gloomy profit outlook made it likely that partners would be left out of pocket. While most firms have an April year-end, Herbert Smith’s financial year runs […]

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White & Case unveils new management structure

White & Case unveils new management structure” />White & Case has revamped its management structure for the second time in two years, electing new practice and regional group heads. Earlier this year The Lawyer revealed that the US firm was overhauling its management structure to create regional and practice group divisions after management consultant McKinsey […]

Christie’s GC to create formal legal panel

Christie’s general counsel Nick Deeming has begun constructing the auction house’s first legal panel and has written to a number of firms inviting them to tender. Christie’s general counsel Nick Deeming has begun the process of constructing the auction house’s first legal panel and has written to a number of firms inviting them to tender. […]

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