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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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The Leader Column

Earth to Quentin Poole: who are you trying to kid? Wragge & Co’s spin on its big-name hire of Herbert Smith’s Gerald Bland is that this is a pure property play. Really? For Wragges to get a practice going in London which ignores its mainstream business of corporate finance is like Allen & Overy launching […]

ECB backs harmonisation of EU securitisation law

ECB general counsel pledges support to harmonisation of EU member states in bid to catch-up US The Fight for harmonisation of securitisation law throughout the EU received a massive boost this month when the general counsel of the European Central Bank (ECB) Antonio Sainz de Vicuna lent his support to lawyers arguing the case.At a […]

Real Estate and Projects Summary

Nabarro Nathanson (Paul McDermott, Helen Randall) advised West Berkshire District Council on a £100m public-private strategic partnership, involving the outsourcing of support services to Amey BPO. Addleshaw Booth & Co advised Amey BPO. Beachcroft Wansbroughs (Alan Wood, Chris Ward) advised Norwich City Council on the £85m Norwich Connect PFI deal to update, refresh and re-engineer […]

Buchanan partner snapped up by Weil Gotshal

Weil Gotshal & Manges has recruited one of the dwindling band of Buchanan Ingersoll partners. Rupert Jones, Buchanan’s former head of real estate, has joined Weil Gotshal as senior European counsel. He will head up the firm’s real estate team. Jones is the latest Buchanan partner to leave the firm following its decision to refocus […]

European Trends

Times of economic depression test the market and precipitate emerging trends. With this in mind, now is a good time to take a look at the European market. While the deal flow may not be as robust as it was this time last year, the consolidation process among law firms is still underway and there […]

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