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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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Perrin's View

The force is still with the City A long time ago in a galaxy far, far away a band of rebels set out on a mission to end the Empire’s domination of the universe… at least, that’s how it seemed at the time. If the theme sounds familiar, it is hardly surprising. As themes go, […]

Property

Anthony Judge and Kelly McIntyre of Travers Smith Braithwaite advised UK equity settlement system operator CRESTCo on the £2m per annum rental of its new premises. Martin Wright and Christopher Dixon advised the landlord, property investors British Land.

Mayer Brown poaches Pinsent Curtis partner

US firm Mayer Brown & Platt has lured corporate finance partner David Levin from Pinsent Curtis in its latest bid to expand its London office. Levin will join the Chicago firm’s London practice from Pinsents’ City office in September. He is Mayer Brown’s third lateral partner hire this year, as the firm aims to double […]

Slaughters, Herbert Smith and Simmons eye Tokyo

Slaughter and May, Herbert Smith and Simmons & Simmons are all understood to be looking at establishing a presence in Japan. UK and US lawyers based in Tokyo say the market is booming, creating a great deal of interest from other international firms. According to sources, the three City firms are planning to open up […]

In brief: Dibb Lupton Alsop

Dibb Lupton Alsop is acting for boxing promoter Frank Warren, who is suing his former solicitors Park Nelson. The claim, which is expected to run into millions of pounds, is for advice given when Warren entered into joint venture agreements with US boxing promoter Don King.

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