Macfarlanes launches second round of redundancy talks

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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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India: Hard court battle

India needs to enhance its arbitration offerings and overhaul its courts’ processes to give its backlog of cases any chance of closure before the year 3000, says Kian Ganz A trip to the neo-Gothic ­Bombay High Court is an entertaining experience that should be on every visiting lawyer’s travel itinerary. Once past the sandbagged machine […]

Herbies gets in on Rio Tinto-BHP Billiton JV

Herbert Smith has won a place on a deal that will see mining giant Rio Tinto strike up a joint venture with rival BHP Billiton and raise $15.2bn (£9.37bn) in a rights issue. Corporate partners Will Pearce and James Palmer are advising the underwriting banks on the share issue alongside Davis Polk & Wardwell London […]

Iberdrola calls on Simmons as Sellafield land rush hots up

Simmons & Simmons has won a key role advising Iberdrola on its bid for land at Sellafield, as the Spanish utility seeks to avoid being left out in the cold in the UK’s new civil nuclear ­energy race. The firm would not comment on any involvement in the deal, but market sources confirmed that longstanding adviser […]

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