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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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PwC Pricewaterhouse Coopers
1

Revenue growth gathers pace at PwC Legal as turnover hits £41m

PwC Legal, PricewaterhouseCoopers’ law firm, has pushed up revenue by 15 per cent in the last year with turnover of £41m for the financial year ending 30 June 2015. Growth has accelerated at the firm after it was granted an ABS licence in January 2014. Turnover for the financial year ending 30 June 2014 stood […]

Co-operative bank

Co-operative Bank launches 11-firm inaugural panel

The Co-operative Bank has launched its first legal panel since its split from parent company the Co-Op Group in 2013, appointing 11 firms to the roster. The panel will sit for three years and was selected to “meet the bank’s needs for full UK coverage, its commercial objectives, demonstrating industry leading best practice and a […]

merger deal

Pitmans adds £1m to top line with Calverts tie-up

Pitmans has acquired City-based Calverts Solicitors, adding £1m to its top line and taking headcount to over 250. Calverts’ three partners, four consultants and a trainee all moved into Pitmans’ London office on Thursday (1 October), with support staff expected to move over in the coming weeks.    Pitmans’ managing partner John Hutchinson told The […]

City Gherkin

Jenner & Block picks up White & Case partner as first lateral in the UK

Jenner & Block has hired White & Case partner Charlie Lightfoot as its first lateral hire in London after launching an office earlier this year. Lightfoot’s hire is part of the firm’s strategy to grow its litigation and arbitration practices. He has joined the firm after 16 years at White & Case, where he started […]

Europe

European moves: 3 September 2015

All the latest partner hires and other appointments within Continental European firms and offices. Benelux Steptoe & Johnson has hired partner Simon Hirsbrunner in Brussels from German firm Heuking Kühn Lüer Wojtek. Hirsbrunner, who is qualified in both Switzerland and Germany, will work closely with partner Jean Russotto in advising clients on EU regulatory requirements […]

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