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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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Linklaters lights the path to Egyptian offer

Linklaters & Paines played a key advisory role in the first offering by an Egyptian company of global depository receipts to international investors. The receipts enable foreign investors to hold shares in Egypt’s Commercial International Bank, in which the Egyptian government has reduced its holding for the second time in two years. In the latest […]

Law Society in names for cash row

A Law Society initiative to sell members’ details to advertisers has led to a string of complaints from angry solicitors. Chancery Lane has received 15 complaints about the initiative since January and now plans to place announcements in its journal, the Gazette, to alert members. Solicitors will be advised that they can take their names […]

Law Soc goes back to the drawing board on leaflets

ONE HUNDRED thousand Law Society public advice leaflets on how to instruct solicitors, which caused a storm of protest over their constant reference to costs, are to be pulped and rewritten at a cost of thousands of pounds. Controversy surrounding the leaflets, ‘Working with your solicitor’, flared up shortly before the Law Society’s elections when […]

Rights ace moves

Richard Koppes, renowned American shareholders’ rights expert, has joined Jones Day Reavis & Pogue from his post as the second in command of the US’s largest public pension fund, the Californian Public Employees Retirement System. As deputy executive officer at CalPERS he helped develop and implement the pension fund’s corporate governance programme and became a […]

There's no smoke without fire

However frivolous an action may at first appear, when the likes of David Pannick QC are drafted in someone is taking it very seriously. Such was the case with a recent battle waged in the Queen’s Bench Division over the rights of British Rail to ban a long-haul commuter, Peter Boddington, from smoking on a […]

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