DWS reaps restructuring rewards

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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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Enron executives found guilty

Former Enron chief executives Ken Lay and Jeffrey Skilling have been found guilty of fraud. Lay, 64, and Skilling, 52, were charged with hiding the weak financial condition of the energy company that collapsed into bankruptcy amid a wave of accounting scandals in December 2001. Lay was convicted on all six counts, while Skilling was […]

Freshfields sees Goldman et al through APB offer

Freshfields Bruckhaus Deringer has landed the lead advisory role for a Goldman Sachs-led consortium on its £2.4bn bid for Associated British Ports (ABP). The consortium, which includes Borealis Infrastructure Management, GIC Special Investments and Goldman Sachs, made an 810p per share offer for ABP last week. The ABP board has granted the consortium time to […]

Employment

In recent years employers have had to become ever more wise to the obligations imposed by employment legislation. Savvy employees are using the law to bring claims for discrimination on grounds of sex, age, race, disability and, imminently, age. This week’s Employment Special Report examines two of the hottest employment topics – disability and equal […]

TfL takes new GC from GLA

Transport for London (TfL) has appointed Greater London Authority (GLA) head of legal Howard Carter as its new general counsel. Commissioner for transport Peter Hendy announced Carter’s appointment, and he will take up his new post from September. TfL is part of the GLA Group. Hendy said: “Howard will be responsible for advising the TfL […]

The Work-Life Quiz by Tim Taylor

Firm: SJ Berwin Position: Head of international arbitration Lives: Notting Hill, London Education: The King’s School, Canterbury; St John’s College, Oxford Work history: 1978: Joined Herbert Smith & Co as an articled clerk 1980: Qualified as a solicitor 1987: Joined SJ Berwin as an assistant solicitor 1988: Appointed to partnership 1996: Appointed head of litigation […]

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