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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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Gaedertz Munich breaks off to reinstate pre-merger firm

The Munich office of disintegrating law firm Gaedertz is splitting. The news follows the merger of the Cologne office with Norton Rose and the Hamburg office with Latham & Watkins. Local Munich firm Illert Bernstorff Zapp merged with Gaedertz in 1999 but will now demerge. A number of partners will join Norton Rose although the […]

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Eversheds chief to face sex bias claim

Eversheds North East head of employment Simon Loy is being taken to an industrial tribunal by a former assistant. Applicant Richael Maclaverty used to work in the employment practice under Loy in the Newcastle upon Tyne office. She resigned last year, telling the firm she was moving to Oxfordshire. But after quitting the regional firm, […]

LEGAL WIDOW

“Stick your tongue out, Liability,” I say. She shakes her head no. “Daddy’s got to go to work. Come on, open your mouth.” More head shaking. “I’m going to turn you upside down and jiggle you about until your head falls off, and then I’ll get it.” More head shaking, but the unmistakable start of […]

Bradford & Bingley sets up commercial law panel

Bradford & Bingley is setting up its first ever formal legal panel for corporate and commercial work. The bank currently uses a number of firms on an ad hoc basis, but it will now instruct only those firms that make it onto the panel. Last year Bradford & Bingley, which demutualised late last year, slashed […]

Corporate

John Lewis purchases the UK arm of internet retailer buy.com. John Lewis represented by Lovells (Frances Le Grys). Financial adviser Lazards. Buy.com represented by Freshfields Bruckhaus Deringer (Neil Radford). Unilever sells its sauce business to Campbell Soup Company for £633m. Unilever advised by Slaughter and May (Gary Eborn). Financial adviser Goldman Sachs. Campbell Soup Company […]

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