Private equity house takes stake in insurance firm Parabis

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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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BA prepares to unveil slimmed down legal roster

British Airways (BA) is close to announcing the results of its UK-wide panel review, with sources close to the tender predicting a slimmer line-up. The airline’s existing roster of external law firms includes Addleshaw Goddard, Baker & McKenzie, Bristows, Linklaters, Slaughter and May, Taylor Wessing and Wragge & Co. While not all firms have been […]

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Taylor Wessing eyes £5m windfall from sale of due diligence division

Taylor Wessing is planning to spin off its in-house due diligence division in a deal that could raise £5m for the firm. The firm said it was in the early stages of demerging New Street Solutions, a document review business formed in May 2011 (20 April 2011). The Lawyer reported last year (2 May 2011) […]

Bruce MacEwen

Heirs of inevitability

Note to partners: get ready to get nostalgic post-LSA The relentless march of globalisation is no longer a rubric to be safely ­reserved for your clients. The news of Russell Jones & Walker’s (RJW) ­acquisition by Australia’s publicly listed Slater & Gordon announces that the inexorable market dynamic of globalisation has battered in the front […]

Ex-Freshfields partners launch Berlin boutique

A duo of former Freshfields Bruckhaus Deringer partners have teamed up to launch a Berlin-based boutique law firm. Hans-Michael Giesen and Alfried Heidbrink will launch their firm, Giesen Heidbrink, on 1 March. The pair were both partners at Freshfields and its legacy firms. Giesen left in 2008 to join independent Görg, while Heidbrink moved to […]

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Canada’s Gowlings continues to build in City with Cobbetts team

Canadian firm Gowlings has hired a four-partner team from Cobbetts’ equity capital markets team for its London office. Charles Bond, Sefton Collett, Dominic Prentis and Andrew Wright – who led Cobbetts’ public markets team – will all join Gowlings’ London office as partners and will bring with them Susan Johnston and David Brennan, both directors […]

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