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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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Rosenblatts shrugs off big five banks’ clout to challenge RBS

Rosenblatt.gif” alt=”Rosenblatts shrugs off big five banks’ clout to challenge RBS” />Niche commercial firm Rosenblatt Solicitors has thrown down the gauntlet to the UK’s big five clearing banks after taking on an instruction to sue Royal Bank of Scotland (RBS). The City firm issued proceedings in the High Court last Monday (21 March) on behalf […]

Careers: People

DLA Piper Rudnick Gray Cary has appointed three corporate finance associates from Addleshaw Goddard in Manchester. Paul Rimmer, Nick Roome and Peter Hindle rejoin partner Darryl Cooke, who joined DLA Piper from Addleshaws last August. Welsh firm Hugh James has strengthened its commercial property team with the hire of a new partner, Penny Cranston, from […]

Stephenson Harwood raids McGrigors

Stephenson Harwood is reinforcing its financial services capability with the hire of a corporate partner from McGrigors. John Buyers joins Stephenson Harwood in the firm’s commercial, outsourcing and technology group. His experience includes acting for a major European bank on what was at the time Poland’s largest IT deal, the merger of two Polish banks. […]

Osborne Clarke partners rejoice after war on costs wipes out £9m debt

Osborne Clarke has wiped out almost £9m in debt after two years of tight financial management. The Bristol-based firm was £8.8m in debt at the end of the 2002-03 financial year following a period of aggressive expansion and heavy investment in staff. However, a cost-cutting and financial management initiative headed by managing partner Simon Beswick […]

Child minders

The NSPCC’s power to take action puts it at the forefront of child protection. This is not something that the charity’s lawyers take lightly. Joanne Harris reports Among the hundreds of children’s charities operating in the UK today, the NSPCC holds a unique position. As the only children’s charity with statutory powers that enable it to […]

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