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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.

Recommended

Book review

Crypto by Steven Levy, published by Allen Lane (ISBN 0713993464) Within hours of the attacks on the US, federal agents were visiting internet service providers (ISPs) to install new surveillance technologies. As the phoney war continues and the public is warmed up for a long haul, government powers here and in the US are being […]

Deal of the week – Tempo group

SJ Berwin drives Tempo administration for PwC SJ Berwin is advising PricewaterhouseCoopers (PwC) on its petition for the administration of the Tempo Group.Tempo’s relationship with SJ Berwin stretches back 15 months to when the company approached the firm and asked it to advise on its debt restructuring. Tempo said it could not carry its debt […]

Shearmans boosts structured finance

Shearman & Sterling is taking on the head of WestLB’s derivatives legal team to boost its English law structured finance capability. Patrick Clancy is joining the firm’s London office as counsel from his role as a director at WestLB. Before moving to WestLB he spent seven years post-qualification at Slaughter and May.He joins the English […]

Spotlight: The conjoined twins case

Pannone & Partners acted for the parents in this case, which leapt to the front pages across the country. The Attards, parents of conjoined twins, would not give their consent to separation surgery that would kill Mary, the weaker twin. They saw their daughters as equals and could not sanction medical treatment that would kill […]

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