The Safe Harbor ruling – a victory for privacy activists that spells trouble for business

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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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Beijing-based Han Kun has taken a team of eight partners and around 10 other lawyers from AllBright’s Shanghai head office to expand in China’s financial hub. With the team acquisition, Han Kun’s Shanghai office will expand significantly to 10 partners and 40 other lawyers. The eight-partner team joining from AllBright Law Offices is led by […]

Gibson Dunn’s Geffen: US firms at point of no return

Former Ashurst head Charlie Geffen oozes confidence about the prospects for building his City corporate finance team. Earlier this month Gibson Dunn & Crutcher’s nascent but star-studded London-based English law corporate team represented William Hill on the betting company’s acquisition of a chunk of online lottery software business NeoGames. This was barely a £20m deal, […]

Foundation as trustee – a marriage made in heaven

By Steve Meiklejohn I recently assisted a Middle Eastern family who were desirous of creating a trust structure to hold their assets situate outside the Middle East. The case perfectly illustrated the tension that can exist when trying to create a structure that will be both valid and robust, but at the same time will […]

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