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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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CC, Freshfields land BAA refinancing gig

Clifford Chance and Freshfields Bruckhaus Deringer won the lead roles on BAA’s £13.3bn refinancing. Freshfields represented BAA after also advising its owner Ferrovial when it took the airport ­operator private in 2006. The team was led by London finance partners Marcus Mackenzie and Ian Falconer. Clifford Chance advised the lead arranging banks on a series […]

Detective work: Grant Macpherson, Kroll

Detecting fraud is a way of life for Kroll managing director and corporate counsel Grant Macpherson. And there’s no sign of the work drying up any time soon For Grant Macpherson, managing director and corporate counsel at Kroll, fraud is a way of life. Having joined the risk consultancy from Flag Telecom last year, Macpherson […]

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Eversheds to axe 33 lawyers; Norwich to close

Eversheds is to make as many as 33 lawyers firm-wide plus support staff redundant, and is closing its Norwich base in response to the downturn in property work. Eversheds to axe 33 lawyers; Norwich to close” />Eversheds is set to make as many as 33 lawyers across the firm plus related support staff redundant, and […]

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Linklaters signs India best-friends tie

Linklaters has secured a best friends agreement with the architect of India’s revived antitrust regime, Vinod Dhall. Linklaters has secured a best-friends agreement with the architect of India’s revived antitrust regime, Vinod Dhall. The agreement with Dhall, who recently quit as the sole member and acting chairman of the Competition Commission of India (CCI) after […]

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Clip crop

Addleshaw Goddard’s facilities department has made a boo-boo by accidentally ordering 10,000 paperclips that were “not of the quality [they] normally receive”. Rather than suing the supplier, which won’t take the clips back, the firm has instead enlisted its corporate social responsibility (CSR) team to find a way to recycle them rather than chucking four-odd […]

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