Corporate deals round-up

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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.

Recommended

Premiums to soar as post-SIF honeymoon ends

After three years of cheap cover on the open market, law firms this year will pay more for their primary-level insurance than they did in the year that the Solicitors Indemnity Fund (SIF) collapsed. The total contribution law firms will pay this September for their first £1m of cover is predicted to rise by 20 […]

Leader

If Tony Blair had wanted to appease the left of the Labour Party, then abolishing the role of Lord Chancellor was a darn effective way of doing it. There’s been a broad welcome from liberals to the proposal of disentangling the legislative and judicial functions and to the establishment of a new department for constitutional […]

A&O scores instruction from Korean Eximbank

Allen & Overy’s (A&O) London office has advised on its first deal for the Export-Import Bank of Korea (Eximbank). A team, led by London partner David Smith and Hong Kong-based Simon Black, has advised the bank on its first structured ship financing for international customers in relation to nine container vessels, totalling $431m (£257.9m). A&O […]

Actuary maybe

With actuaries more vulnerable to the risk of claims than ever before, where do the insurance companies stand? Robert Lloyd investigates The field of actuaries’ professional liability is by no means a well-trodden one. Despite this, the question is one of significant interest to at least a minority of London market underwriters and the small […]

Hodgart parts with Hildebrandt

Strategy consultant Alan Hodgart is leaving Hildebrandt International to set up his own business. Hodgart, a well-known commentator in the legal sector, merged his business Hodgart Temporal with Hildebrandt three years ago. First reported on www.thelawyer.com/lawyernews 11 June

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