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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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Bar Council consults while backbenchers revolt against Carter

The Bar Council has kickstarted a consultation into new arrangements for handling fee-sharing under the current legal aid reforms. The news comes as it was revealed that more than 50 Labour backbenchers signed up to an early day motion which presses the Government to rethink their proposals on legal aid. The consultation, which will close […]

Linklaters favourite falls short in race for top job

Linklaters favourite falls short in race for top job” />The battle to replace Linklaters managing partner Tony Angel has taken a surprising turn as the frontrunner, banking head John Tucker, has been dropped from the race. This leaves capital markets head Nick Eastwell and Asia chief Simon Davies in a two-man chase. Linklaters’ international board, […]

Milberg Weiss suffers as team quits

Class action specialists Milberg Weiss Bershad & Schulman has lost another two partners, the heads of its competition team, to New York class action boutique Pomerantz Haudek Block Grossman & Gross. Antitrust partners Douglas Richards and Michael Buchman will join the 10-partner boutique in March from Milberg Weiss, the most recent of a string of […]

Pestalozzi faces financial claim by ex-partner

One of Switzerland’s largest firms, Pestalozzi Lachenal Patry, is locked in a dispute with one member of a group of five partners expelled last year over strategic and management differences. Tax partner Marcus Desax, now at Swiss rival Walder Wyss & Partners, initiated conciliation proceedings before the Zurich Bar Association on 9 January, claiming the […]

Power to the (legal) people

The complaints of in-house lawyers are manifold, but chief among them is that they too often sit outside the decision-making within their companies. To be fair, their concerns have been justified in many cases. There are plenty of corporate horror stories that could have been avoided if the lawyers had been allowed in earlier. Contrary […]

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