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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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Transport

Mishcon de Reya partner Grant Gordon (pictured) advised vehicle managers Minorplanet Systems on revising its option arrangements with GE Capital. Total options have an estimated value of u15m. Neil Vickers of Denton Hall advised GE Capital. Grant Gordon and assistant solicitor Clare Adams also advised Minorplanet on its strategic alliance with Integrated Transport Information Services […]

Financings

A Travers Smith Braithwaite team

Legal chief quits Pearson as media giant eyes US market

Pearson, the international media giant, has parted company with its head of legal as it refocuses its operation towards the US. Group legal director and company secretary Paul Vickers has already left the company but a replacement has yet to be found. Pearson is now looking to recruit a US-qualified lawyer to replace Vickers as […]

Damages case of note

In an action heading for the Queen’s Bench Division, London Philharmonic clarinettist Robert Hill is taking the management of Glyndebourne to court in a damages claim. The claim stems from a fall he suffered during a performance. He broke his wrist in the accident just 20 minutes before a performance last May and claims it […]

Titmuss Sainer enjoys third record growth

Titmuss Sainer Dechert is celebrating its third consecutive year of record fee income growth, which it attributes to its transatlantic alliance. This year fee income increased by 13 per cent, and the two previous years saw a growth of 14 per cent. Until 1996 the firm’s gross fees had not increased by more than 10 […]

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