Clydes takes plunge into merger hotspot Canada

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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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Canada – a rocky ride?

Canadian lawyers have always itched to be on the world stage. The first sign of stardom was last summer, when BHP Billiton, advised by Slaughter and May and Blake Cassels & Graydon, launched a $39bn (£23.97bn) hostile bid for Saskatchewan-based PotashCorp, represented by Jones Day and Stikeman Elliot. More recently the mooted tie-up between ­Canada’s […]

1

Egypt’s lawyers face tough year ahead but remain optimistic for a free 2012

International lawyers in Egypt are braced for a tough year in the wake of the recent revolution, but believe the ­benefits of a freer country will prevail over hardship. Protests against the Egyptian government began on 25 January this year and culminated in president Hosni Mubarak resigning on 11 February, to be replaced by a caretaker military […]

A&O beefs up Frankfurt with hire of Norton Rose partner

Allen & Overy (A&O) has taken a banking regulation partner and three associates from Norton Rose in Frankfurt. Frank Herring, Norton Rose’s head of banking regulation and investment funds in Frankfurt, will join A&O as a partner in the capital markets team. Herring will join with three associates: Valeska Karcher, Detmar Loff and Marco Zingler. […]

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At all costs

When a corporate client calls in Brick Court’s Jonathan Sumption QC to lead its legal team, it is calling in the big guns to fight off a case whatever the financial cost. Being the country’s top barrister means it is rare for him lose a case, whether it be for a high street bank, the […]

James Learner

Kirkland’s City office secures brace of deals for Bain Capital

Kirkland & Ellis has landed a pair of prime mandates acting for longstanding private equity client Bain Capital. The US firm’s City office advised on the refinancing of more than e500m (£427.7m) of debt for Bain portfolio company and South African retailer Edcon, while simultaneously acting for the buyout house on the e650m purchase of chemical ­distribution specialist […]

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