Linklaters and Eversheds lead as Rolls-Royce continues spate of asset sales

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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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Freshfields fends off €2bn claim from Tchenguiz-backed fund

Freshfields Bruckhaus Deringer has successfully fought off Stephenson Harwood to defend a €2bn counterclaim against its Abu Dhabi-headquartered client Aabar Investments in the High Court. Aabar had found itself locked in a battle with former co-investor Edgeworth Capital – a Luxembourg corporate with ties to high-profile real estate mogul Robert Tchenguiz – over a €200m investment in defaulting […]

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Drinks giant Pernod Ricard names new general counsel

Drinks giant Pernod Ricard has brought on board a new general counsel to lead its legal team after the departure of longstanding chief Ian FitzSimons. He will be replaced by Amanda Hamilton-Stanley in September, who has led Chivas Brothers’ in-house team since 2011. Chivas is a brand company that works within the Pernod Ricard network […]

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