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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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Shoosmiths advises on £2.8m investment in aviation group

Shoosmiths has advised Business Growth Fund on a £2.8m growth capital investment in RVL Group, an aviation services provider that operates a fleet of 15 aircraft based at East Midlands Airport.   Part of the investment is to be used for the final stages of a major project to design and create a spray system […]

Books

Freshfields, HSF and Fieldfisher to battle for UK spots on Pearson’s global legal panel

Publishing giant Pearson is set to launch its first global legal panel by the end of the first quarter of 2015, with current advisers Freshfields Bruckhaus Deringer, Herbert Smith Freehills (HSF), Fieldfisher and Morgan Lewis among those contending for places. The panel review follows internal reforms implemented by Pearson general counsel Bjarne Tellmann, who joined […]

Singapore 620px

Norton Rose Fulbright continues to shuffle global energy team with Singapore relocation

Norton Rose Fulbright (NRF) has sent the head of its Asia-Pacific energy team from Sydney to Singapore just as global practice head Simon Currie arrives in Sydney from London. Vincent Dwyer, who joined NRF from Australian firm Gilbert & Tobin in 2010, spent four years in Singapore as an Allens Arthur Robinson (now Allens) associate […]

London

Slater & Gordon in talks to acquire Quindell operating division

Slater & Gordon is in negotiations to buy an operating division of Aim-listed legal services provider Quindell, understood to be its legal services arm. Earlier this month, Quindell said it was in “exclusive negotiations” with an unnamed party over the possible sale of an operating division of the group. Yesterday it confirmed in a stock […]

Wragge Lawrence Graham & Co team guides NEC sell-off

Wragge Lawrence Graham & Co has advised Birmingham City Council (BCC) on the sale of the NEC Group to private equity company LDC. The transaction values the NEC Group at around £307m. BCC is retaining the freehold of all of the NEC sites. The sale encompasses all NEC Group businesses, with a 125-year leasehold interest […]

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