Companies Act ushers in derivatives actions

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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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Police seize stolen Da Vinci painting from HBJ Gateley Wareing

The police raided the Glasgow office of HBJ Gateley Wareing yesterday (4 October) for a £30m stolen Leonardo da Vinci painting and arrested one of the firm’s partners. Glasgow-based corporate partner Calum Jones was taken away by Dumfries and Galloway Police along with three men from Lancashire. The police moved to intercept a meeting at […]

SJ Berwin confirms exclusive BPP tie-up

All of SJ Berwin‘s future trainees will study for the LPC at BPP Law School as part of an exclusive relationship formed just a week after the school was given degree-awarding powers. As reported on www.the lawyer.com (24 September), BPP has become the first private sector company eligible to hand out degrees after the Privy […]

New tricks

The Irish structured finance regime continues to embrace innovation, says Nollaig Murphy Ireland is now the leading European onshore jurisdiction for special-purpose vehicles (SPVs), with in excess of an estimated 2,000 incorporations a year, more than double that of two years ago. This is notwithstanding the return by banks to UK SPV issuers of mainstream […]

Addleshaws creates managing associate position

Addleshaw Goddard has added a further level to its career development path via the introduction of a managing associate position. The role, which is a further stepping stone in the route to partnership, was introduced earlier this month after a formal review of the firm’s career path. A total of 134 lawyers have been promoted […]

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