Canary Wharf sticks by Clifford Chance on sale…

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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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Zimbabwe puts judge on trial

Fergie Blackie, the retired judge arrested in Zimbabwe last year for allegedly attempting to defeat the course of justice, is facing trial at the end of this month. Blackie’s trial is set down for 30 June in the Harare Magistrates’ Court, and the state is likely to call three other judges as witnesses. The UN […]

True Brit

Paul Maher masterminded the Mayer Brown Rowe & Maw merger, and he’s not stopping there. Julia Cahill meets a driven man You can imagine Paul Maher going down a storm with the Americans at Mayer Brown Rowe & Maw. According to firm chairman Tyrone Fahner, the US partners love Maher’s understated British humour (some of […]

Linklaters’ billing held up by new IT system

Linklaters‘ chief executive Jim Wadia admitted last week that the firm had not processed a single bill in May on its new SAP IT system, which began rolling out last month. Wadia claimed it had always been the firm’s plan not to bill in May. “The bills up to our 30 April year end went […]

Leader

If Tony Blair had wanted to appease the left of the Labour Party, then abolishing the role of Lord Chancellor was a darn effective way of doing it. There’s been a broad welcome from liberals to the proposal of disentangling the legislative and judicial functions and to the establishment of a new department for constitutional […]

A pretty picture

With its acquisitive streak finally slowing down, Getty Images’ legal department has its sights set on image rights. Steve Hoare reports. The brainchild of an investment banker and the grandson of a multimillionaire: it may come as little surprise that after being founded in 1995, Getty Images went on an acquisition frenzy. The fact that […]

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