US and UK share purchases – what’s the difference?

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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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British public school teacher sentenced to 17 years in Kenyan child abuse case

No5 Chambers barrister Sharon Bahia was the prosecution junior in the Kenyan abuse trial, which has resulted in Simon Harris, 55, a former British public school teacher, being sentenced to 17 years and four months in prison. Harris was convicted of three indecent assaults and five sexual assaults, and in addition was found guilty of four […]

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Ireland’s Mason Hayes hits €60m mark after 25 per cent increase in revenue

Irish firm Mason Hayes & Curran has reported a 25 per cent increase in turnover for 2014, with revenues rising to €60m (£43.7m) from €48m in 2013. Figures supplied for The Lawyer’s upcoming European 100 report shows that the firm added 67 staff on a full-time equivalent basis last year, with headcount rising from 333 FTE […]

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K&L Gates posts 11 per cent boost in London revenue to £44.96m

K&L Gates has reported an 11 per cent growth in revenue to £44.96m in London in its year-end financial results, contrasting with a firmwide drop in turnover. The firm’s London figures compare favourably to K&L Gates’ global results, which showed a turnover drop of 1.18 per cent from $1.158bn to $1.145bn (£744m). Revenue per lawyer […]

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King & Spalding boosts revenue by 8 per cent to $934m

King & Spalding grew its revenue by 8 per cent in 2014, from $861.4m to $934m, marking a revenue increase of more than a third over the past five years. The firm’s average profit per equity partner increased by 10 per cent, from $2.14m to $2.36m. Its revenue per lawyer also passed the $1m threshold […]

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Weil’s UK revenue hits $125m as global PEP soars by 16 per cent

Weil Gotshal & Manges’ UK revenue grew by 9.6 per cent in 2014, from $114m to $125m (£82m). The figures mirror a positive year for the firm globally, which saw its gross revenue boosted by 1.2 per cent to $1.15bn last year (11 March 2014).  Weil’s average profit per equity partner (PEP) also grew in […]

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