Manchester blighted

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Latest Briefings

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.

Report of the Independent Review of the FOS is published

By Richard Hayllar On the 12 July 2018, the Financial Ombudsman Service (the FOS) published a report on an Independent Review carried out by Richard Lloyd (former Which? executive). The review was undertaken following the broadcast of the Channel 4 Dispatches programme which set out a number of concerns about the handling of FOS complaints.

Efficient arbitration, part 2: Launching an Efficient Arbitration

Kicking off our series on efficiency in arbitration, our first article, Efficient Arbitration – Part 1: Metrics sets out our idea of an efficient arbitration: Achieving the best possible outcome with the least amount of resources. A range of tools are available to focus the spending of resources. Resources should be invested, not wasted. The selection of […]

Efficient arbitration, part 1: Metrics

This is the first in a series of articles by Schoenherr focusing on efficiency in arbitration. In our series, we will explore various tools which serve to improve the efficiency of any given arbitration and so achieve a favourable outcome without wasting resources. But before exploring those tools we need to determine what efficient arbitration […]

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Careers: in brief

Yorkshire firm John Howe & Co is expanding its regional base with the acquisition of niche Leeds practice Lyons & Dorsey. The move sees the four-partner outfit establishing a city centre site to work alongside its Pudsey headquarters. Wilson’s solicitor Lisa Conway has also been hired to handle contentious cases. Leeds practices Cramers and Richards […]

Beachcrofts boosts Manchester and London

Beachcroft Wansbroughs is bolstering financial services after snaring a specialist from the sector. Mark Broadhead, formerly a compliance officer at Royal London, joins the Manchester office as a partner. Also, barrister Natasha Peacock is moving from several years spent in-house in legal and compliance roles in the financial services industry to become a legal and […]

Lovells keeps it in the family with major instruction for Active Hotels

Lovells has reinforced its longstanding family ties with Active Hotels by advising the online travel provider on its sale to giant US competitor priceline.com. In a deal worth approximately £90m, the magic circle firm represented the travel firm, which is owned and co-founded by Andrew Phillipps, son of former Lovell White & King (now Lovells) […]

Clifford Chance prepares for exit of top rainmaker

Litigation star Benedict poised to leave as Childs predicts 2005 plateau profits hike to £850,000 Clifford Chance prepares for exit of top rainmaker” />Clifford Chance is on the verge of losing one of its biggest rainmakers, former US managing partner Jim Benedict, just as the firm unveils ambitious plans to increase this year’s profits by […]

Leader

In an ever-changing world, it’s good to be able to rely on some things. And one of the great constants in life is Clifford Chance’s inexplicable vocation for pointless tinkering. We’ve lost count of the number of stories we’ve run about the firm playing around with the lockstep, rejigging the capital base and losing heavy-hitting […]

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