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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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Clare Harris
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More top firms throw open doors to freshers

An increasing number of top 20 law firms are rolling out opportunities for first-year undergraduates in a further bid to attract the best talent. Hogan Lovells plans to follow in Simmons & ­Simmons’ footsteps by launching a dedicated week-long paid vacation scheme for first years. But the vast majority of firms surveyed by The Lawyer’s […]

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Four councils set up shared legal panels

Four local authorities in the West of England have pooled together to appoint 12 law firms and 20 barristers’ chambers to a series of shared legal panels. North Somerset Council led on the new legal services framework agreement. Other consortium members include Bath & North East Somerset Council, Bristol City Council and South Gloucestershire Council. North […]

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Eversheds cuts 75 jobs as Accenture deal goes live

Eversheds has confirmed that 75 support staff jobs will be cut as a result of its outsourcing deal with Accenture. In August 2010 Eversheds announced that 100 jobs would be put at risk as a result of a seven-year agreement with Accenture to offshore human resources, administration, and finance roles (12 August 2010). Most of […]

Macfarlanes bolsters finance team with Clifford Chance hire

Macfarlanes has scooped a Clifford Chance structured finance partner as it looks to bolsters its debt capital markets and acquisition finance offering. Rachel Kelly, who joins the firm on Monday, has been a partner at Clifford Chance for 14 years, playing a key role in developing the magic circle firm’s structured finance and debt capital […]

Paul Bugingo

SNR Denton nurtures Mid East-Africa focus

SNR Denton has transferred London-based Africa specialist Paul Bugingo to Dubai as it aims to give its Africa practice a Middle East-Africa rather than London-Africa focus. The move comes as the firm seeks regulatory approval to launch offices in Beijing and Shanghai. Partner Bugingo, who co-chairs the Africa committee along with partners Geoffrey Wynne and Jeffrey ­Krilla, moved […]

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