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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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Three form South African giant

Three of South Africa’s largest law firms have joined forces to form one of the top five legal services outfits in the country, with a partner count of more than 60. Finance heavyweight Bowman Gilfillan Haymen Godfrey is joining forces with IP specialists John & Kernick, and shipping, insurance and energy experts Findlay & Tait, […]

In brief: Solicitor jailed over corruption and cheating

Solicitor John Harry Roberts has been sentenced to three years and eight months imprisonment having been convicted of corruption and of cheating the Inland Revenue. Roberts was found guilty of perverting the course of justice by removing documents subject to a court injunction and convicted of cheating the revenue for failing to disclose his interest […]

Financings

David Wyles at Herbert Smith acted for Societe Generale in connection with an u8m financing of a local authority private finance project for street lighting in Brent. Lawrence Graham acted for Brent Council and Hewitson Becke & Shaw for PFI lighting and David Webster

In brief: New partner at Hammond Suddards

Nick Jones has become a partner at Hammond Suddards in the company’s national employment unit. Jones, who has worked at Hammond Suddards for four years, will join Sue Nickson, head of the national employment unit.

Dentons in French electricity deal

Electricite de France (EDF) is set to acquire 100 per cent ownership of London Electricity from Entergy Corporation for a cash payment of u1.39bn, advised by international law firm Denton Hall. Anthony Alexander, partner in the corporate group and joint leader of the purchase, commented: “Denton Hall has advised on a number of acquisitions of […]

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