DAC Beachcroft merges with Colombian alliance firm

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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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Michael Greville
3

WFW managing partner Greville stands down

Watson Farley Williams’ Michael Greville has resigned from his role as managing partner after 12 years. Greville will step down in mid-January and return to a fee-earning position focusing on the shipping, oil and gas, and energy sectors. Partners were alerted of his decision before the firm’s recent partner conference. An election for Greville’s replacement […]

ASIC proposes a fresh approach to the regulation of employee incentive schemes

The Australian Securities and Investments Commission (ASIC) is proposing to update and broaden its current employee share scheme class-order relief and regulatory guidance in response to developments in market practice and the need for clarity. ASIC is proposing to expand the classes of financial products that can be the subject of an offer under an […]

Berlin Germany

Olswang kickstarts German restructuring business

Olswang is launching a business dedicated to restructuring and insolvency through a strategic partnership with a German insolvency lawyer. Restructuring specialist Christian Köhler-Ma will lead consultancy business Olswang Restructuring Solutions, which will provide advice to German companies and other stakeholders in crises and near-critical situations. Köhler-Ma was previously senior partner at Berlin firm Leonhardt Rechtsanwälte. […]

London

Linklaters draws level with Slaughters in FTSE 100 client rankings

Linklaters has as many FTSE 100 clients on its books as sector leaders Slaughter and May for only the second time since 2005. According to the latest data provided by Adviser Rankings, both firms had confirmed client relationships with 30 FTSE 100 companies in the three months from August to November 2013. Linklaters held steady […]

(Re)insurance Alert — Equitas Ltd and Another v Walsham Brothers & Co Ltd

In Equitas v Walsham Bros, the Commercial Court ruled on a number of key legal issues concerning the duties owed by Lloyd’s brokers to remit funds promptly to clients and reinsurers.  Equitas is the successor to Lloyd’s syndicates writing non-life insurance business for the 1992 and all prior years of account. Equitas’s case was that […]

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