Greenwoods boosts PI with Barlows and Taylor Joynson raids

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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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Lovells' former Spanish beau in hunt for new merger

Albiñana & Suarez De Lezo (formerly Melchor de las Heras) has announced that it is back in the market for a merger after talks with Lovells fizzled out last year.When the Lovells talks finished, the firm announced that it wanted to remain independent, but it has now said that it is open to offers.“Our position […]

TLT appoints new managing partner

TLT has appointed David Pester as managing partner of its 32-partner law firm. Pester was previously head of the firm’s corporate finance team, but will be replaced by corporate partner Nicole Little. He will continue to be involved in fee-earning work. Pester succeeds employment partner Robert Bourns. Recently, the firm launched TLT Venturing, an independent […]

Legal secretary wins £20,000 from Bates Wells in unfair dismissal suit

Charity law specialist Bates Wells & Braithwaite has lost an unfair dismissal claim brought by one of its legal secretaries.Last week, the Employment Tribunal found in favour of Wendy Macfarlane, secretary to London partner Philip Trott, following a six-day hearing. It awarded £20,000 in compensation to Macfarlane, which Bates Wells has agreed to pay.Macfarlane left […]

Trade secrets

The Allied Irish Bank debacle has brought the issue of internal control and risk management to the fore once again. Deborah Talbot reports on what went wrong The publication of a preliminary report into the activities of ‘rogue trader’ John Rusnak and how he was able to incur losses of more than £490m for his […]

Vinge tempts banking star back to partnership

Swedish firm Vinge has lured a high-profile investment banker into its practice to become a partner in its corporate finance department.Bertil Villard was head of corporate finance at domestic investment bank Alfred Bergs ABN Amro in Stockholm, which ABN Amro acquired from Volvo Group in April 1995.Villard is no stranger to Vinge. He was managing […]

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