B&M muscles in on Interbrew competition ruling

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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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The good life

As always, Tulkinghorn gets all the exclusives. The legal world may be aware that Paul Rhodes, Hammonds Suddards Edge’s highly-rated head of national insolvency and corporate recovery, is retiring, but does it know why?`Once again, Tulkinghorn has sniffed out the answer. After doorstepping Rhodes for weeks, he confessed the truth to Tulkinghorn: “I want to […]

BT instructs Wragges on property job

Midlands firm Wragge & Co has further developed its outsourcing department with a new instruction from BT.`The firm will advise BT on project Jaguar, in which a consortium comprised of Reliant Security, Balfour Beatty and Carillion will be given outsourced work relating to the management of 8,500 properties.`Patrick Duxbury, joint client partner for BT with […]

Belgium backs down on law firm VAT exemption

Plans by the Belgian government to make all non-Belgian EU law firms VAT-exempt have been temporarily abandoned following a successful lobbying campaign. The ruling would have meant that while the law firms did not have to charge their clients VAT on their services, they would have to absorb any VAT costs on overheads.`The Belgian tax […]

A very very nice man

Last week, Tulkinghorn reported on the delightfully handcrafted piece of sentimental rubbish that Stephenson Harwood insolvency litigation partner Paul Gordon-Saker picked up for £505 at an auction.`It happened that this figurine of a little girl sitting on a bench formerly belonged to disgraced politician Jonathan Aitken and Gordon-Saker happened to have acted for his creditors.`After […]

The weakest link

The rumour mill has been grinding in UK-US merger circles: apparently one managing partner of a UK firm can communicate with his US counterpart only through a designated US intermediary.`And this is one of the mergers that went ahead. Many more have fallen by the wayside, most notably Ashurst Morris Crisp’s talks with Latham & […]

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