Freshfields out in the cold as L&G unveils new panel

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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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Freshfields launches US litigation practice

Magic circle firm Freshfields Bruckhaus Deringer has launched a US litigation practice after hiring a trio of partners from two leading US practices. Aaron Marcu and Adam Siegel join from the New York office of Covington & Burling while Benito Romano joins from Willkie Farr & Gallagher. At Covington Marcu was coordinator of the firm’s […]

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Arthur Cox, MOP advise on Anglo Irish nationalisation

Irish firm Arthur Cox has been called in by the Irish Government to work on the nationalisation of Anglo Irish Bank. A bill is being heard in the Irish parliament today to enable the government to take control of the bank, which has been hit by a private loans scandal. Arthur Cox managing partner Pádraig […]

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Ashurst slashes 10 from equity partnership

Ashurst is set to cull 10 equity partners from its global ranks. Ashurst slashes 10 from equity partnership” />Ashurst is set to cull 10 equity partners from its global ranks. It is understood that seven London equity partners and three overseas equity partners have lost their jobs. Partners in the finance, corporate, commercial and projects […]

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CC makes rivals green with Indian tie-up

Clifford Chance has ­followed the lead of fellow magic circle firms Allen & Overy (A&O) and Linklaters by forming a best friends relationship with an Indian firm. As reported on The Lawyer.com, the firm has formed a close referral relationship with AZB & Partners with the aim of cooperating more closely ;once ;Indian ­regulations allow […]

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Exclusive: Linklaters to axe up to 70 partners in massive shake-up

Linklaters to axe up to 70 partners in massive shake-up” class=”inline_image inline_image_left” src=”/pictures/web/images/15828_links-office.jpg” />Linklaters’ top management is to drastically overhaul the firm’s structure, slashing up to 70 partners and 10 per cent of associates in a bid to become a smaller, more profitable operation. The programme, understood to be called Linklaters New World, will also […]

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