Quartet of US firms line up for Bayer’s $14.2bn acquisition of Merck division

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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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Allen & Overy is named Netherlands Law Firm of the Year 2014

Allen & Overy has been named Netherlands Law Firm of the Year by Chambers. It was also ranked in the highest category for 13 practice areas. The Chambers Awards honour those firms that have stood out for the excellence of their work. Chambers said of Allen & Overy: ‘This tremendous firm offers top-notch services in its core […]

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Homes & Communities Agency slashes panel from 14 to nine firms

A total of eight firms including Ashfords, DLA Piper and Eversheds have lost their places on the Homes & Communities Agency (HCA) panel, which has been slashed from a total of 14 firms to just nine.  The national housing and regeneration agency for England, in charge of the Affordable Homes Programme, has overhauled its legal […]

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BLM boss: insurance is transforming and this firm is going global

BLM’s senior partner Mike Brown is intent on leading his insurance-focused firm into the big league. Insurance-focused Berrymans Lace Mawer has been flying quietly and steadily under the radar for years. But its merger with Scotland’s HBM Sayers last week (1 May 2014) and subsequent rebrand to BLM is part of a quiet, but nonetheless […]

Further UK challenge to FTT possible, according to Ben Jones from Eversheds

Eversheds has commented on the rejection of the UK’s challenge to the proposed Financial Transaction Tax (FTT). Ben Jones, tax expert at the law firm, said: ‘The court’s rejection of the UK’s challenge was anticipated but, from the details currently available, should not prevent a further challenge being raised by the UK if necessary. ‘Reading […]

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A&O follows clients to Myanmar

Myanmar has just celebrated its new year with the Thingyan festival, when people pour water on one another as part of the cleansing ritual to welcome the new year. In the legal world, Allen & Overy is the latest firm to make a splash in Myanmar, as it becomes the first magic circle firm to […]

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