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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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Conflicting emotions

Excellent news reaches Tulkinghorn. Freshfields, stung by its experiences during the Marks & Spencer debacle, has decided to start taking conflicts seriously. No longer will the magic circle firm be embarrassingly caught out in the full gaze of the public for acting for a client when it shouldn’t. No longer will its partners have to […]

V2 legal head leaves to begin new business venture

The worldwide head of legal at Richard Branson’s record label V2 is quitting. Will Meekin, director of commercial and business affairs for V2 Music Worldwide, will leave at the end of August and is hoping to launch an independent consultancy for the music and entertainment sectors. V2’s chief executive Tony Harlow is reviewing the position […]

Garrigues bolsters Portuguese presence with LMA combination

Spain’s Garrigues has become the latest law firm to strengthen its Iberian links after integrating Portuguese practice Leonidas Matos y Asociados (LMA). All of LMA’s 36 lawyers will be subsumed into Garrigues’ 1,200-strong law firm, and the Spanish giant hopes to add another 10 professionals in September. The Portuguese Bar Association backed Garrigues’ move on […]

Dechert’s partnership dwindles further

Dechert’s string of partner losses has lengthened after a London corporate partner opted to join Reading firm Pitmans. Janice Wall will leave at the end of this month. Her exit follows that of insurance partner James Lewis, who left for LeBoeuf Lamb Green & MacRae in March. Prior to Lewis’s decision to leave, Charles Brown, […]

Separated at birth

Beachcroft Wansbroughs professional risks partner (a suitable role for a one-time troubleshooter) Mike Willis may have hung up his gun, aviators and tan leather jacket since his halcyon days in the 1970s, but he can still engender a ripple of fear among lawyers that haven’t got enough cover (that’s professional indemnity cover, not dustbins and […]

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