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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.

Recommended

ADR in Australia

Debate continues to rage in Australia over alternative dispute resolution. In a newsletter to the recent IBA conference in Edinburgh, Michelle Sindler of Minter Ellison Morris Fletcher says arguments over whether Australian courts can require parties to participate in ADR are ongoing. However, she says the country is witnessing a “fundamental change” to its legal […]

Dentons looks for laughs on Internet

Fennell Betson reports City Firm Denton Hall is determined to mark its arrival on the World Wide Web. As there are 27,000 sites to be viewed on the web, the firm decided to run a competition for the best lawyer jokes and a legal problem spot, says Mark Turner, partner and head of the technology […]

Financings

* Symonds Engineering was advised by Wragge & Co in its placing and open offer to raise u2.5m.

Arbitration laws need updating, says Hunt

London’s position as the premier international legal centre cannot be guaranteed, David Hunt, MP warned lawyers last week. Speaking at a special event organised by the Law Society for international lawyers based in London, Hunt said that London “must face up to the realities of competition from other centres throughout the world”. The Government wants […]

Trainees must make salary choice

TRAINEE solicitors are being pressured into choosing between dropping their demands for an increase in the minimum salary or losing it altogether. Roger Jones, chair of the Law Society’s training committee, has told the Trainee Solicitors’ Group he will not press for a vote on the abolition of the salary later this month if the […]

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