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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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Financial institutions e-briefing: AIFMD report

Following its May consultation on the Alternative Investment Fund Managers Directive (AIFMD) reporting guidelines on 1 October, ESMA published its final report on the same containing the procedure on reporting obligations under articles 3(3)(d) and 24(1), (2) and (4) of AIFMD. Under AIFMD, alternative investment fund managers (AIFMs) are broadly required to report to their […]

Eversheds Saladžius sponsors legal conference in Lithuania

Eversheds Saladžius has sponsored the national legal conference ‘Constitutionalism and Supranationalism’. The conference took the place on 26 September at Vilnius university in Lithuania. It focused on the main issues of national, international and European Union law and considered trends, news, contradictions and challenges.

Construction

Our international team of around 100 specialists throughout Europe, the Middle East, Africa and Asia provides a ‘whole lifecycle’ service, from procurement, construction contracts, partnering and professional appointments to funding, development, risk management and dispute resolution. One of our key strengths is in applying a consistent, proven approach to construction work around the world, but […]

Expo Real: Virtual Platform helps make Real Estate Investment Funds AIFMD-compliant

Virtual Data Room, Drooms will be presenting its virtual platform namesake at this year’s Expo Real (booth C1.230). The Drooms platform assists real estate investment fund managers in meeting the reporting requirements set down in the EU’s “Alternative Investment Fund Managers Directive“ (AIFMD). In accordance with those requirements, it also provides users with centralized storage […]

DLA Piper appoints Richard Hans as co-managing partner of New York office

DLA Piper has announced that Richard Hans has been appointed co-managing partner of the New York office, joining Heidi Levine in the role. He succeeds Peter Pantaleo, who has been appointed general counsel of DLA Piper (US). Hans is also chair of DLA Piper’s 100-lawyer New York litigation practice and a member of the firm’s […]

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