Milberg Weiss suffers as team quits

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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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Bird & Bird in hiring frenzy for global growth

Bird & Bird is hiring international partners at a rate of more than one a month, the latest being the appointment of Araoz & Rueda finance partner Andres Lorrio. Lorrio joins the Madrid office as head of banking and finance for Spain. His hire is part of the firm’s plan to grow its foreign offices […]

Elborne Mitchell bags Kim Jong-Il litigation

City insurance boutique Elborne Mitchell has snared first-time instructions from North Korean dictator Kim Jong-Il. The cash-strapped regime has sued London-based underwriters for £30m in outstanding reinsurance claims. Elborne Mitchell reinsurance partner Timothy Akeroyd put the new client win down to the firm’s growing reputation in Asian countries such as China and Japan. State-owned monopoly […]

Private collections

With the use of private companies for public sector work, the tricky issue of insolvencies has been raising its head. Victor Tettmar reports on the issue of the taxpayer not only paying for poor service, but paying again to save the underperforming provider

China

The interest in the mainland China and Hong Kong legal markets continues unabated. Earlier this month (www.thelawyer.com, 12 January) Clifford Chance boosted its mainland corporate China practice by hiring four associates to its Shanghai office, driving forward its ambitious plan to double in size in China within five years to more than 100 lawyers. This […]

ODA prepares for 2012 claims onslaught

The Olympic Delivery Authority (ODA) has started talks to devise a dispute resolution process in anticipation of a flood of legal challenges over the infrastructure for the 2012 Olympic Games. The Chartered Institute of Arbitrators (CIArb) is in discussions with the ODA, which is responsible for the infrastructure of the Olympics, to find the best […]

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