McGrigors recruits QC for regulatory push

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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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French firms win filesharing case

A host of firms in Paris have fought off an illegal filesharing case brought by the producers of the hit French film Les Choristes. Baker & McKenzie, Bredin Prat, Herbert Smith, independent firm Latournerie Wolfrom, Salans and Winston & Strawn represented Telecom Italia, AOL France, state lottery company La Française des Jeux, Crédit Agricole subsidiary […]

Amsterdam & Peroff set for London launch

Toronto-based firm Amsterdam & Peroff is to set up in London, with high-profile human rights lawyer Bob Amsterdam basing himself in the UK. Amsterdam was expelled from Russia last year for alleged crimes against the state surrounding his involvement in the defence of jailed oligarch and ex-Yukos chief executive Mikhail Khodorkovsky. The move marks the […]

Revised figures drag SJ Berwin PEP over £700k

SJ Berwin’s average profit per equity partner (PEP) figure has been bumped up to above the £700,000 mark following accounting revisions to take into account FRS5 and work in progress (WIP). The accounting adjustments have seen the silver circle firm’s PEP pushed up to an average £711,000, up 6 per cent rise on the firm’s […]

Freshfields hit by second Munich defection

Freshfields Bruckhaus Deringer’s Munich office has suffered another departure with the loss of tax partner Stephan Salzmann to boutique firm Mohren & Partner. Salzmann started at Mohren & Partner earlier this month, according to German website JUVE. He specialises in advising families on the organisation of their business interests. He was also part of the […]

Magic circle fails to dent Spanish fliers

London’s magic circle has profited from a buoyant legal market in Spain, but is still a long way from challenging Madrid’s local elite. This year Garrigues strengthened its position as Spain’s largest law firm, growing by 10 per cent to record a revenue of €193m (£133.7m) for the year. Clifford Chance was the UK’s top representative in […]

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