In brief: The International Bar Association

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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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Property

Michelle Howie, property partner at Herbert Smith, advised BSkyB in relation to the acquisition of a new lease for the West Cross House in Brentford from Brixton Estates. The lease has been taken for a term of 20 years at an initial annual rent of £1.35m.

PwC plots City firm takeover

The world’s biggest accountancy group, PricewaterhouseCoopers (PwC), is understood to be planning to buy a medium-sized City law firm this year as part of its plans to be a top five international law firm. Gerard Nicolay, global leader of PwC’s legal network, says he wants the group’s London practice to have 400 to 500 lawyers […]

Diana lawyers keep bills low

THE Diana Memorial Fund has decided to play safe with its legal bills following the bad publicity over Mishcon de Reya’s #500,000 bill. Mishcon’s successor, Harbottle & Lewis, will receive a “retainer” of #3,000 per month. Daily Mail

A quiet life? Kylie's man should be so lucky

Mike Stock, formerly of music production trio Stock Aitken & Waterman, is bringing a multi-million pound claim for property damage against London Underground. Stock, once of the outfit that dominated the music of the 1980s by penning songs for Kylie Minogue and Rick Astley, claims tunnelling work as part of the Jubilee Line extension has […]

Time to play the field in euroland

Chris Bates, Clifford Chance Haydn Puleston Jones, Linklaters Bill Richards, Lawrence Graham Much has been said about the potential strengths and pitfalls of the euro, now the world’s second-biggest currency. But the creation of euroland, an 11-nation bloc with a population of 290 million and an economic output equivalent to that of the US, is […]

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