Ex-Linklaters lawyer Raab gets Brexit secretary job

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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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Financial services GCs on tech: “Growth is slower than we thought”

Legal technology will change the way the financial services industry works – but at a slower pace than many might have thought. That was the conclusion reached during The Lawyer‘s In-House Financial Services conference held in London on Wednesday 4 July, with general counsel acknowledging that their organisations needed to respond to the changing world, […]

Pinsents and 3VB seal victory over Goldman Sachs in banking dispute

Pinsent Masons and 3 Verulam Buildings (3VB) took the lead roles for Portuguese banking group Novo Banco as it fought off two claims from a string of litigation heavyweights in the Supreme Court. Lord Sumption handed down the judgment in the Supreme Court, dismissing an appeal to an earlier decision over a liability transferred to […]

Frankfurt

Latham partner moves to DLA’s Frankfurt office

DLA Piper has snared a corporate partner from Latham & Watkins‘ Frankfurt office, as the firm continues to bolster its capital market divisions in Germany. Roland Maass will be joining the firm from Latham, where he has been a partner since 2006. His practice mainly focuses on capital markets transactions, advising domestic and international companies […]

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