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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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Clifford Chance man returns to the WTO

A top World Trade Organisation (WTO) legal consultant seconded to Clifford Chance is to return to the WTO as an in-house counsel. Peter Morrison, who will once again hold the title of senior legal adviser, acted as first port of call for the WTO at the firm as well as working for Reuters, a client […]

Linklaters appoints first Managing Partner for Asia

Andrew Roberts, a Linklaters partner with years of experience working in Asia, will oversee the management of Linklaters’ five offices in the area – Bangkok, Hong Kong, Shangai, Singapore and Tokyo. Roberts, who will be based in Singapore, will co-ordinate regional marketing and resourcing initiatives to promote Linklaters’ corporate and finance practices in the region. […]

Herbert Smith to advise London Stock Exchange

Herbert Smith is advising on the demutualisation of the London Stock Exchange. The exchange’s 298 member firms will vote on 15 March regarding proposals to turn it into a shareholder-owned company, with an estimated value of more than £400m. Herbert Smith corporate partner Stephen Barnard is leading a six-strong team on the proposal. Other partners […]

Libel law reforms due this month

Newspapers will be able to avoid expensive defamation trials by making an offer of amends, involving a published apology and an appropriate costs./ damages settlement. If the offer is refused, papers can use the offer as a defence when a case goes ahead, and to use to argue for a lower damages pay out. Judges […]

KLegal takes head of telecoms at Rakisons

KLegal, the law firm associated with top five accountants KPMG, has poached the head of telecoms from City firm Rakisons. Chris Hoyle is one of the leading telecoms lawyers in London, and his departure will be a big blow to Rakisons. The telecoms practice generates nearly a quarter of the firm’s turnover. Hoyle is the […]

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