Latham scoops former MBRM securitisation star

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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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Fladgates suffers rare departure

Fladgate Fielder has suffered a rare partner departure with property specialist Adrian Leavey joining Trowers & Hamlins. The hire grows Trowers’ commercial property group to 11 partners. Leavy had been a partner at Fladgates for two years after being at CMS Cameron McKenna for six years. Trowers’ property practice accounts for nearly half of the […]

Latham steers piaggio share offering

Latham & Watkins advised scooter manufacturer Piaggio, the maker of the iconic Vespa, on its f315m (£214.95m) global offering of almost 119 millon ordinary shares, plus almost 18 million additional ordinary shares (pursuant to an overallotment option exercised on 18 July 2006). Piaggio was advised by London-based corporate partner Michael Immordino. Milan firm D’Urso Munari […]

Gambling Commission counsel gears up for act

The UK Gambling Commission’s new general counsel Neil McArthur has vowed to start preparations to ensure a smooth transition in preparation for the UK Gambling Act, which is due to come into force in a little over a year. McArthur said his priority is to meet with Government officials, gaming companies and gambling charities to […]

Thirty quit Freshfields for pensions payout

Thirty partners are set to quit Freshfields Bruckhaus Deringer on 1 November to take advantage of favourable pension terms. Partners who are aged 50 or above had until today (31 July) to exercise the option to retire from the partnership with effect from 31 October in order to lock in their entitlement to the magic […]

Mishcons steers clear of BetonSports

Things just keep getting worse for BetonSports. Now it emerges that Mishcon de Reya dumped it as a client in a rare example of a law firm turning down money. The firm dropped BetonSports in January, around the same time that betting and gaming partner Grant Gordon left the firm to set up his own […]

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