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Latest Briefings

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.

Report of the Independent Review of the FOS is published

By Richard Hayllar On the 12 July 2018, the Financial Ombudsman Service (the FOS) published a report on an Independent Review carried out by Richard Lloyd (former Which? executive). The review was undertaken following the broadcast of the Channel 4 Dispatches programme which set out a number of concerns about the handling of FOS complaints.

Efficient arbitration, part 2: Launching an Efficient Arbitration

Kicking off our series on efficiency in arbitration, our first article, Efficient Arbitration – Part 1: Metrics sets out our idea of an efficient arbitration: Achieving the best possible outcome with the least amount of resources. A range of tools are available to focus the spending of resources. Resources should be invested, not wasted. The selection of […]

Efficient arbitration, part 1: Metrics

This is the first in a series of articles by Schoenherr focusing on efficiency in arbitration. In our series, we will explore various tools which serve to improve the efficiency of any given arbitration and so achieve a favourable outcome without wasting resources. But before exploring those tools we need to determine what efficient arbitration […]

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Spain proposes overhaul of qualification requirements

The Spanish government is pushing for Spanish lawyers to train beyond law school before they are able to practise. Spain is the only country in the EU that does not require lawyers to take an intermediate step between completing law school and becoming fully qualified.After law school, those who pass simply pay for entry into […]

Proposals to reform planning law

“Planning laws are set for their biggest change for 50 years,” said Prime Minister Tony Blair at the Confederation of British Industry (CBI) National Conference last week.

Pillsbury axes ten per cent of NY associates

US firm Pillsbury Winthrop has become the latest victim of the downturn, announcing layoffs in its New York office. Following in the footsteps of Shearman & Sterling, revealed by The Lawyer to be the first New York firm to make major cutbacks (The Lawyer, 29 October), Pillsbury Winthrop is axing 10 per cent of its […]

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