Funds’ day out

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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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Interest-ing times at Hammonds

The former Hammonds partners who settled their profits dispute with the firm must be breathing a sigh of relief. The former Hammonds partners who settled their profits dispute with the firm must be breathing a sigh of relief. Hammonds is suing 14 former partners, who, if Hammonds gets its way, are getting poorer by the […]

Land grabs

Compulsory purchase orders are often a necessary evil when it comes to development. By Katherine Evans The existence of compulsory purchase powers, as the recent experience of the London Development Agency (LDA) in assembling the land required for the 2012 Olympic Games has shown, is often a necessary part of any regeneration project. The powers […]

Rees returns to roots for Welsh City launch

Cardiff-based Hugh James is to launch its first office in London, and has recruited Pillsbury Winthrop Shaw Pittman outsourcing partner Phillip Rees to launch the new base. Rees, most recently a partner in the intellectual property team at Pillsbury Winthrop Shaw Pitman, will head the new operation. Before joining Shaw Pitman (just before it merged […]

Davies Lavery in double partner swoop

Insurance specialist Davies Lavery has hired two insurance partners, including Halliwells London head of insurance, reinsurance and professional indemnity John Groome. Groome acts for profes-sional indemnity insurers as well as general insurance companies, Lloyd’s of London syndicates, brokers and underwriting agencies. Also joining Davies Lavery is Browne Jacobson professional indemnity associate Samantha Hanson, who joins […]

Construction plight

Real estate lawyers need to familiarise themselves with updated construction regulations in order to best serve their clients, says Gillian Birkby Whether you act for a landlord or a tenant, all real estate lawyers need to understand the changes to the Construction (Design and Management) (CDM) Regulations 2007 and the impact they will have on […]

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