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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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…as it picks up senior clerk from defunct Queen Elizabeth Building

Michael Price, the highly-rated former senior clerk of the now defunct Queen Elizabeth Building, is understood to be in negotiations to take up the senior clerk’s position at 10 King’s Bench Walk. The incumbent, Chris Drury, is leaving with the civil team to join maverick silk Ronald Thwaites QC in his new venture outside the […]

Sector Insight

The world wide web is forcing lawyers to rewrite media law for a virtual world without international boundaries. Abigail Townsend reports In legal terms, no industry has been hit as hard by the booming dotcom revolution as the media. The internet is not only shifting the goal posts, it is rewriting the rule book. The […]

Clifford Chance woos European Commission anti-trust lawyer

A competition directorate lawyer has left the European Commission to join Clifford Chance. Ali Nikpay, who was based in Brussels, joins the competition and regulation practice in London. The firm’s anti-trust group now has 120 lawyers and 28 partners globally. Nikpay was with the Directorate General for Competition (DG Comp) for four years. He spent […]

Sidley & Austin UK loses final telecoms partner

Sidley & Austin has admitted that it has failed to form a telecoms group at its London office after the departure of the group’s only remaining partner in the capital. Communications and internet lawyer Gill Andrews will join Bird & Bird’s IT department after leaving Sidley & Austin. The move comes just two months after […]

Deals

Olswang represented the management of Financial Data Systems (FDS) and institutional sellers Gresham Trust on the sale of FDS to Wolters Kluwer. FDS will be managed within Croner.CCH Group, a UK operating division of Wolters Kluwer. Fabrizo Carpanini, private equity partner at Olswang, acted with a five-strong team. Wragge & Co advised Wolters Kluwer.

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