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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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Northern Bar Masonic Lodge has most judges

The Northern Bar Masonic Lodge, which covers the Northern Circuit of Liverpool, Manchester and Preston, contains the highest number of practising barristers and sitting judges – 33 and 10 respectively – out of the five lodges associated with the Bar, according to statistics released recently by the Home Affairs Committee. Previous figures from the committee […]

Two more lawyers quit Mishcon de Reya

In a double blow to Mishcon de Reya, its commercial partner Paul Millett is leaving to join Finers, while its part-time banking consultant and former partner Stephen Davis is moving to Stephenson Harwood. Millett, who is still negotiating his departure date, said he could not comment on the reasons for his move, but added: “I […]

Ernst & Young sued over Law Society of Upper Canada's massive indemnity deficit

Ernst & Young is one of five firms being sued in Canada by the Law Society of Upper Canada over alleged mistakes in the calculation of the profession’s spiralling indemnity insurance deficit. The society, which covers the province of Ontario, is claiming C$110m (£48m) following the alleged miscalculation of the deficit being carried by the […]

Election 97: The Contenders

The Key Player Lord Irvine of Lairg A virtual certainty to be the next Lord Chancellor if Labour triumphs, Lairg has the respect of the legal community. Lord Irvine was pupil master to Tony Blair and his future wife Cherie in 1976-77. A talented QC and head of 11 King’s Bench Walk, he has never […]

In brief: Leeds practice liable to Building Society

The Court of Appeal has ruled that Leeds firm Ian Brill & Co, which acted for a man who sold his house without his wife’s knowledge, is liable to the Bristol & West Building Society for breach of warranty of authority. Lords Justice Staughton, Waller and Waite upheld a Leeds District Registry decision. The ruling […]

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