DWS gears up for French restructuring boom with domestic alliance

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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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Monckton brings in human rights expert

Monckton Chambers is strengthening its human rights expertise with the hire of academic Jeremy McBride. McBride, currently reader in international human rights law at the University of Birmingham and visiting professor at the Central European University in Budapest, is joining Monckton to develop his human rights practice. As well as his academic positions, McBride is […]

Norton Rose PEP and revenue inch up

Norton Rose has recorded a sluggish year of growth, with turnover up just 3.5 per cent and average profit per equity partner (PEP) up by 4.7 per cent. The firm’s PEP for the last financial year was £445,000, up from £425,000 in 2005. Turnover was £210m, a 3.5 per cent rise from last year’s £203m. […]

Spanish independents repel Anglo-Saxon competition with record year

London’s magic circle has profited from a buoyant legal market in Spain, but is still a long way from challenging Madrid’s local elite. This year Garrigues strengthened its position as Spain’s largest law firm, growing 10 per cent to record revenues of €193m for the year. Clifford Chance was the UK’s top representative in Spain. […]

In-housers shine at The Lawyer Awards

It was the biggest event for the legal profession, bar none. On Tuesday 27 June, in-house teams and lawyers from across the globe featured heavily at the annual The Lawyer Awards. Some 1,500 of the legal industry’s best and brightest were on hand in the Great Room at London’s Grosvenor House Hotel to applaud the […]

DTI pays charity £130,000 for time wasting

The Department of Trade and Industry (DTI) has paid Public Concern at Work (PCAW) £130,000 for wasting the whistleblowing charity’s time. The Parliamentary Ombudsman found that the DTI had overturned an April 2000 High Court ruling over the operation of the Public Interest Disclosure Act in secret and had failed to consider the public interest […]

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