Commercial breakthrough

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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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Eversheds closes Bristol office in Cardiff relocation

Eversheds is shutting down its Bristol office, its second closure in less than five months. The closure of the 10-partner office is due to be finalised by 1 May, the beginning of the firm’s financial year, and will leave it without a presence in the South of England. All the staff at the Bristol office, […]

Pinsent Curtis Biddle pair quit after merger

Two partners have quit Pinsent Curtis Biddle. They will be the first to leave the newly-created firm. Media partner Duncan Lamont is joining Charles Russell while copyright specialist Hubert Best has also resigned and is believed to be in talks with Hammond Suddards Edge. Regional firm Pinsent Curtis and media specialist Biddle’s merger became official […]

Real Estate and Projects

The Crown Estate buys Fleet Place House, London EC4, for £60m from Heron London Developments. The Crown Estate advised by Denton Wilde Sapte (Martin Quicke and Richard Perkins). Heron advised by Nabarro Nathanson (Graham Lust and Paul Jayson).

Wessing closes Leipzig office to go international

German law firm Wessing & Berenberg-Gossler is closing its Leipzig office in order to consolidate its image as an international player. Partners Klaus Bandekow and Karsten Zorn are joining local law firm Van Berg, which already has a close relationship with Wessing. Partner Susanne Pohle is setting up her own practice in Leipzig and partners […]

Corporate

So it’s goodbye Patrick Drayton, current director general at the Takeover Panel, and hello Philip Remnant, senior banker at Credit Suisse First Boston, who will begin a two-year secondment in April. But oh, Mr Remnant, do you really know what you’ve let yourself in for? Heading the Takeover Panel has hardly been a bed of […]

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