Hedge fund managers sue Akin Gump for $4.4bn

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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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Cambridge Press pulps books after Kendall win

Cambridge University Press has pulped all unsold copies of its 2006 book Alms for Jihad after Kendall Freeman won a High Court libel action against the publisher. The publisher will also ask 200 libraries to remove the book from their shelves. It is only the fourth time that this method of settlement has been used […]

Bakers, DWS drive Kazakhstan legal regulatory reformation

Baker & McKenzie and Denton Wilde Sapte (DWS) have launched the latest project to reform Kazakhstan’s legal regulatory environment. The two firms are drafting a proposal to reduce the 3 per cent mandatory fee that claimants pay when a case goes to court in the Central Asian country. The Bakers partner in the legal working […]

Shoosmiths overcomes Livingstone’s Thames desalination plant objections

Shoosmiths has defeated London Mayor Ken Livingstone in a landmark planning inquiry to build the UK’s first large-scale desalination plant. The £200m Thames Water scheme at Beckton in Essex will use an energy-intensive process to remove salt from the tidal section of the Thames. The process will provide enough clean water for roughly one million […]

HGF fills patents niche in Scotland

English patent and trademark firm Harrison Goddard Foote (HGF) has opened its first office in Scotland, poaching Marks & Clerk partner Gary Wilson for a Glasgow launch. Wilson, who specialises in pharmaceutical and engineering patents, will lead the new office, which will focus on patent applications for renewable energy and oil and gas clients. Currently […]

Govt skews facts to fit its case for increased court fees

This Government apparently believes that the civil justice system works best if funded by the users, with actual payment meeting actual costs. Yet the Government has a different attitude in relation to two other key pillars of a civilised society – education and health services. If the Government was to be consistent with its principles, […]

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