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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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Osborne Westphalen Alliance splits

The Osborne Westphalen Alliance (OWA) will cease to exist following a breakdown in relations between German firm Graf von Westphalen and Osborne Clarke. Talks were abandoned after the integration process slowed and Osborne Clarke made an offer to a number of partners in the Cologne office of Graf von Westphalen. Nine partners from Graf von […]

DLA beefs up aviation in Asia and South America

DLA is continuing to strengthen its practice in Asia as it recruits an aviation partner in Hong Kong. Paul Freeman was previously based in Singapore, where he was a partner at Beaumont and Son. He will work with London-based partner Nigel Wright to develop a network of specialist aviation lawyers in Hong Kong, Singapore and […]

Corporate

So Clifford Chance is targeting corporate finance, which raises the obvious questions of why and how. Clearly, lots of strategy meetings telling partners they have to do more corporate finance is not going to change the face of the M&A market. If you’ve got any partners who don’t know that if you cross-sell you get […]

France Telecom legal chief joins B&M to launch team

France Telecom is losing its general counsel to the Paris office of international law firm Baker & McKenzie. Emmanuel Guillaume will join Baker & McKenzie as a partner at the beginning of June. He will take with him the legal director of France Telecom subsidiary Branche Enterprises, Christian Blomet, who will join the firm as […]

A&O battles Linklaters on Singapore MTN deals

Allen & Overy (A&O) is launching a battle with Linklaters & Alliance in Singapore to handle domestic medium-term note (MTN) programmes under Singapore law. Linklaters’ joint venture partner in Singapore Allen & Gledhill dominates the market for domestic MTN deals. But A&O has acted for the first time on the establishment of a purely domestic […]

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