Norton Rose seals $1.9bn merger with America’s Fulbright & Jaworski

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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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Alas, poor Orrick

In 14 months Orrick boss Ralph Baxter will move on after 23 years in the job. Is his legacy at risk of derailment by a strategically stalled final few months?

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Field Fisher and Osborne Clarke abandon talks over £200m merger

Field Fisher Waterhouse (FFW) and Osborne Clarke have called off their merger talks after failing to agree a £200m combination. The firms had not yet put the deal to their partnerships for a vote after being in negotiations for the last few months (17 September 2012). It marks the second unsuccessful attempt by FFW to […]

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SC Andrew chases stormtrooper client for £3.5m legal bill

A British engineer who won a Star Wars copyright row is being pursued by his own lawyers for £3.5m owed in court costs. SC Andrew partner Seamus Andrew represented Andrew Ainsworth and his business Shepperton Design Studios when they were sued by Lucasfilm in 2006 over the IP rights to the stormtrooper helmets for the […]

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Judgment Call: 12 November 2012

Walton v Scottish Ministers [2012] UKSC 44. Lord Hope JSC (deputy president); Lord Kerr, JSC; Lord Dyson JSC; Lord Reed JSC; Lord Carnwath JSC. Environment 17 October 2012 Where Scottish ministers took responsibility for the construction of a city bypass and revised the scheme to include an extra link of road, that revision was a […]

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DLA and Squire Sanders Leeds team lead on financing by GE and Ares

DLA Piper and a UK team from Squire Sanders landed roles on a deal by GE Capital and Ares Capital Europe to provide unitranche debt facilities to Callcredit Information Group. This is the first deal from GE and Ares’ joint venture for unitranche funding in Europe, to which the companies have committed €1.75bn. In this […]

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