Following loss before the Supreme Court, Aereo ‘astonishes’ broadcasters with new legal strategy

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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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Luxembourg – Money plus

As Fiat, Apple and Starbucks earn the Duchy a rap on the knuckles for its tax rules, will the government’s efforts to diversify the economy take firmer root? Over the years Luxembourg has attracted thousands of fund structures, companies and other financial institutions to its well-kept streets. Its regulatory structures and low tax rates have […]

DLA Piper and the shrinking Asia partnership

What is it with DLA Piper and Asia Pacific? When the firm merged with DLA Phillips Fox in 2011 the combined firm boasted 135 partners across its Australian practice. By the end of last year the number had shrunk to 100, despite it being one of the biggest promoters in the country. Now partners are […]

No5 Chambers’ Richard Gibbs defends in tobacco importation tax evasion case

Richard Gibbs from No5 Chambers is defending one of three defendants charged as part of a £1.6m conspiracy to evade tax on the importation of tobacco. HMRC seized the tobacco in the form of cigarettes and hand-rolled tobacco from addresses in Wolverhampton during 2012 and 2013. Shahab Ali, represented by Gibbs, is charged together with […]

High Court

Billionaire oligarch switches from Sidley to HSF for mammoth hotel battle

Naomi Campbell’s oligarch ex Vladislav Doronin has dropped Sidley Austin for Herbert Smith Freehills (HSF) for the latest round of his High Court battle with his business partners. The Russian property tycoon is going head-to-head with business partners Omar Amanat and Adrian Zecha over control of super-luxury hotel chain Aman Resorts. Last week (14 July), […]

Travers Smith pushes up turnover to £97.2m, PEP hits £882k

Travers Smith has boosted turnover by 13 per cent from £86.2m to £97.2m in 2013/14, while average profit by full equity partner (PEP) rose by 12 per cent to £882,000 compared with £790,000 a year ago. It is a return to double digit growth for Travers, which saw revenue rise by 18 per cent in 2011/12 from £71m […]

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