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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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Cadwalader’s Beijing head defects to A&O

Cadwalader Wickersham & Taft has suffered its first partner defection since it laid off 96 people in July (as reported by The Lawyer 30 July). The firm’s Beijing managing partner Mark Roppel, who has headed the office since 2006, is set to join Allen & Overy‘s (A&O) Shanghai corporate practice on 1 September. While he […]

BLP hires Barclays banker for finance push

Berwin Leighton Paisner (BLP) is looking to bulk up its finance client list with the hire of former Barclays banker Peter Harvey as a consultant. Harvey, who was previously vice-chair of UK banking at Barclays, is to take up the part-time position for an indefinite period on 1 October. He will work with head of […]

Knowles seeks new term as DLA chief

DLA Piper chief executive Nigel Knowles is bidding to extend his leadership of the firm until 2012 and will stand for re-election at the end of the year. Knowles’s term as joint chief executive is due to end in December, when his re-election will be put to a partner vote. It is understood that Knowles, […]

Beijing 2008

TheLawyer.com’s Beijing 2008 blog covers the games from the lawyer’s perspective, with posts from lawyers and other legal professionals in the city on the Olympic events, the gossip, the law firms and the atmosphere. The blog began with a surprisingly clean post from Beijing-based legal recruiter Rob Metcalf on, er, the women’s volleyball and how […]

Orrick taps Mayer Brown for restructuring push

Orrick Herrington & Sutcliffe has hired Mayer Brown‘s global restructuring, bankruptcy and insolvency co-chair for its New York office. Raniero D’Aversa has joined the firm as a partner to head the New York creditors’ rights and bankruptcy practice. Mark Fennessy, a partner in the firm’s London creditors’ rights and bankruptcy practice, said: “We are very […]

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