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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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Hammonds faces former partners in High Court

Hammonds was up in the High Court today for a £3m profit dispute hearing with former partners. Hammonds attended the High Court today for a £3m profit dispute hearing that will determine whether the firm’s managing partner Peter Crossley (pictured) will become embroiled in the case. The case management conference, which is set down for […]

Central Europe Special Report: Hungary for success

Hungary’s domestic law firms are seizing the chance to attract the best clients locally in the wake of their larger international counterparts’ exodus. By Nicola Laver Ideally placed as a hub for investors in Central and Eastern Europe (CEE), Hungary is unique. But while the numerous opportunities for legal firms, both domestic and international, have […]

Cadwalader will not keep any City NQs in spring

US firm Cadwalader Wikersham & Taft will not offer jobs to any of the trainee solicitors who are due to qualify into its London office next spring. Three trainees have been affected by the move, which it is understood has been blamed on market conditions and the rapid expansion of Cadwalader’s UK-based graduate recruitment programme. […]

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Work Life Quiz: Julian James Clark, Holman Fenwick Willan

Holman Fenwick Willan” class=”inline_image inline_image_left” src=”/pictures/web/images/15119_P15_cv.jpg” />What was your first-ever job?Playing keyboards in a five-piece cabaret band on the North of England club ­circuit. What was your worst ­experience as a trainee?I managed to avoid that stage, having come into the profession as a barrister. However, when starting my shipping career I was sent on […]

Ashurst moves staff into energy and transport team

Ashurst has redeployed three corporate and three finance junior associates to its energy, transport and infrastructure (ETI) team as the transactional side of its business has slowed down. In contrast to the core corporate team, the ETI team has been very busy in recent months, requiring significant capacity. One Ashurst corporate partner told The Lawyer: […]

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