Latham & Watkins’ revenue grows by 14 per cent to reach $2.61bn

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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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New UK NED regulations could help prevent next financial crisis, says Eversheds

Aleen Gulvanessian, partner and corporate governance specialist at Eversheds, has commented on the proposals for a new stringent city code affecting certain non-execs. Gulvanessian said: “The new regime is likely to make non-executive director (NED) candidates think long and hard about taking these key roles on the board or its committees. When we carried out our research […]

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Hogan Lovells secures Court of Appeal victory in ‘Putin’s banker’ case

Hogan Lovells and Erskine Chambers have secured a Court of Appeal (CoA) judgment requiring Russian tycoon Sergei Pugachev to disclose information about discretionary trusts established in New Zealand, setting a precedent in cases involving freezing orders. The CoA ruled that Pugachev, who once had close ties to Russian president Vladimir Putin, must disclose information about […]

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Offshore M&A activity soars to record levels in 2014

M&A activity offshore rose to record levels in 2014, with aggregate deal value up 63 per cent compared to 2013 and deal volume at the third-highest in the last decade. Statistics compiled by Appleby show that deal value for offshore M&A rose to $277bn last year, up from $170bn in 2013. Aggregate deal value was […]

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The Offshore Top 30: A healthy wave of optimism

Offshore firms are thriving despite sustained media and political attacks on their domiciles’ reputation. Meanwhile, Asia’s significance is rising. It has been a turbulent few months for the offshore world. With Labour leader Ed Miliband promising to force the Crown Dependencies to produce a public register of offshore company owners should he come to power after […]

Quinn returns to form, but will it make the Top 30?

Another week, another batch of US firm financial results. Today it’s the turn of DC giants WilmerHale and Arnold & Porter , both of which have continued the trend for improving financials. The latter firm grew its revenue by 1.2 per cent, boosting its total income from $686m to $694m in 2014, while net profit […]

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