Close Brothers banks on Freshfields for rights issue

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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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Grimsby's lawyer plans nationwide sports link

A national network for sports lawyers is being proposed by the solicitor for First Division football club Grimsby Town. William King wants to set up an association which would provide a nationwide link between all the lawyers who work in this expanding sector. The body would provide an information and work exchange for its members, […]

Litigation Disciplinary Tribunals 03/10/95

IAN GORDON COCKBURN, 49, admitted 1969, practised as Cockburns, Brighton, struck off and ordered to pay £3,665 costs. Allegations substantiated he practised or held himself out as being entitled to practise without current practising certificate, failed to reconcile books of account, delivered accounts late, failed to keep accounts correctly, failed to pay client funds into […]

In brief: Lambeth lawyer faces investigation

The head of legal services at Lambeth Council appeared before a disciplinary hearing last week. Paul Lally, who has been suspended since March, was brought before an investigating panel of three councillors at the town hall on Thursday. The meeting is private and Lambeth Council has refused to discuss the nature of the charges against […]

Race event pulls top US attorneys

THE DEFENCE lawyers who acted for OJ Simpson and Rodney King are to speak at a major London conference on black people in the criminal justice system. Johnnie Cochran and Milton Grimes have accepted invitations to speak at next month’s ‘Race for Justice’ conference. Cochran, head defence attorney for Simpson, and Grimes, who acted for […]

Labour puts legal issues high on conference agenda

LEGAL issues play a leading role at this week’s Labour Party conference in Brighton. The event will culminate with a debate on Labour’s Access to Justice policy paper and its planned radical reforms of the legal profession. On Sunday the Society of Labour Lawyers meets, with guest speakers Paul Boateng MP, Labour legal spokesman, and […]

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