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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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Scotland’s first LLP firm gets approval

Scotland has gained its first-ever limited liability partnership firm – ahead of the LLP Bill being passed by Parliament. New firm Semple Kennedy was approved on 30 June with Walter Semple and former Faulds Gibson & Kennedy managing partner Ewan Kennedy. Semple was formerly a partner at Bird Semple, which has merged with DLA. Semple […]

Jonathan Goldstein

With the launch of LongAcre, Olswang’s corporate finance house, chief executive Jonathan Goldstein has been thrust into the public eye. Fiona Callister talks to a man with no doubts.

‘A very regular guy’

Cravath Swaine & Moore’s head of corporate John White may be overshadowed at home by his federal prosecutor wife Mary Jo, but that has not stopped him building up one of the country’s most formidable and profitable capital markets practice. Claire Smith finds out more about this unusually shy New York lawyer John White is […]

Top partner quits Burges Salmon unit

Veale Wasbrough has lured a top property investment lawyer from Burges Salmon. Stuart King, formerly head of Burges Salmon’s property finance unit, will join the property services team, which the firm says has handled transactions worth more than £1bn over the past 12 months. He says his move is in part due to the different […]

The Personnelity

You’d have thought it was pretty obvious that hiring the right people is one of the most important strategic issues for a law firm. Look how obsessively everyone is discussing the salary hikes, for example, as if they couldn’t have been predicted. After all, how else were top City firms going to try and square […]

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