Sullivan & Cromwell leads on BNP Paribas’ Cuba litigation crisis

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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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London

Cooley taps Olswang for first tax partner in London

Cooley has hired Olswang partner Natasha Kaye to join the firm’s London office as its first tax partner. Kaye will join the firm’s London-based business and finance practice after working at Olswang for over 17 years.  Her practice is corporate tax advisory and transactional, and she advises UK and international direct and indirect tax issues […]

Baker & McKenzie member firm holds forum on redrawing the ASEAN mao

Quisumbing Torres (QT), member firm of Baker & McKenzie International in the Philippines, recently held its 2015 Client Forum entitled ‘Re-drawing the ASEAN Map’, highlighting the key concerns on and reactions to the effects of the ASEAN integration to the business communities within the ASEAN region, particularly in the Philippines. Economic analysts, business leaders, industry […]

Kathy Toon joins Shoosmiths from SGH Martineau

Shoosmiths has boosted its growing real estate team with the appointment of real estate partner Kathy Toon, who joins from SGH Martineau where she was head of retail. Toon – who will be based in Shoosmiths’ Birmingham office – has more than 20 years’ experience in the legal profession. At SGH Martineau, Toon advised developer and […]

$43m green loan, with advice from Khaitan

Khaitan & Co advised SREI Infrastructure Finance Limited and European Investment Bank (EIB) in relation to Indian law advice for a climate change framework loan facility for energy sustainability and security supply availed of by SREI from the EIB for some $43m. Senior partner  NG Khaitan represented the client on the transaction.

digital world internet

Weil, Wachtell and Covington advise on Verizon’s $4.4bn acquisition of AOL

Weil Gotshal & Manges and Covington & Burling have advised Verizon Communications in its $4.4bn acquisition of AOL, with Wachtell Lipton Rosen & Katz advising the target.  Weil Gotshal & Manges’ all-American team was led by corporate partner Frederick Green, tax partner Marc Silberberg, executive compensation and benefits partner Paul Wessel, IP partner Jeffrey Osterman, […]

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