In brief: Talbot Creggy & Co

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Latest Briefings

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.

Report of the Independent Review of the FOS is published

By Richard Hayllar On the 12 July 2018, the Financial Ombudsman Service (the FOS) published a report on an Independent Review carried out by Richard Lloyd (former Which? executive). The review was undertaken following the broadcast of the Channel 4 Dispatches programme which set out a number of concerns about the handling of FOS complaints.

Efficient arbitration, part 2: Launching an Efficient Arbitration

Kicking off our series on efficiency in arbitration, our first article, Efficient Arbitration – Part 1: Metrics sets out our idea of an efficient arbitration: Achieving the best possible outcome with the least amount of resources. A range of tools are available to focus the spending of resources. Resources should be invested, not wasted. The selection of […]

Efficient arbitration, part 1: Metrics

This is the first in a series of articles by Schoenherr focusing on efficiency in arbitration. In our series, we will explore various tools which serve to improve the efficiency of any given arbitration and so achieve a favourable outcome without wasting resources. But before exploring those tools we need to determine what efficient arbitration […]

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Kemp & Co in training contract row

Kemp & Co is being taken to an industrial tribunal by a man who claims his training contract was terminated before he even started. However, founding partner Richard Kemp denies the firm ever offered the claimant, David Gould, a contract. He says: “Gould is claiming we offered him, and subsequently withdrew, a training contract. We […]

Out with the old

It was an obvious candidate for Tulkinghorn. The Lawyer’s curmudgeonly diarist could not resist running a caption competition using the picture of Field Fisher Waterhouse partner Mark Abell in a dentist’s chair with a grinning orthodontist at his side. It was one of the more outlandish publicity shots to turn up at The Lawyer’s office […]

Herbert Smith acts in £20bn bid for bank

Herbert Smith is cashing in on one of the UK’s largest ever takeovers as the Bank of Scotland launches its audacious £20bn hostile bid for National Westminster Bank. Michael Walter, corporate partner at Herbert Smith, is working with senior partner Edward Walker-Arnott on the deal. They are supported by a seven-strong team including competition partner […]

Property

CMS Cameron McKenna acted for Lloyds TSB in the development of the Sofitel Hotel. The deal involved the redevelopment of the former Lloyds Bank Building in SW1. The Sofitel chain is part of the French-owned Accor Group, which owns the Novotel and Ibis hotel chains. Edward Benzecry, property partner at Cameron McKenna, acted for Lloyds […]

Rozenberg

The oft-repeated justification for making the European Convention on Human Rights part of the laws of the UK is to save people making the long and difficult trip to Strasbourg. Anyone who relied on Air France for that journey a week or so ago will know exactly what that means. Some flights were delayed for […]

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