Nomura buys Meridien Hotels for £1.9bn from Compass Group

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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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Identrus

In February last year, the Identrus operating rules were being finalised and Lovells was advising Nat-West, HSBC and Barclays on the finalisation of the draft rules. The Identrus scheme has more than 40 member financial institutions from North America, Europe and Asia which have agreed to be subject to Identrus’s uniform system rules. These specifications […]

Shakespeares

Shakespeares, the Midlands firm, has elected head of its personal injury department Gary Christianson (left) to managing partner. He succeeds Andrew Argyle who returns to full-time fee-earning. Christianson will hold the role for three years and will continue to handle client work. He currently bills more than £1m a year.

The Bigger Picture

UCI’s passion for turing unused sites into entertainment meccas sets it apart from the rest and with a growing number of European operations, the company’s legal department is always on the lookout for support. Naomi Rovnick reports Manchester-based United Cinemas International (UCI) builds multiplex cinemas. It does not gobble up high-street cinemas in the same […]

Leader

How times change. Collyer Bristow has just appointed a former client care manager as its chief executive, in the shape of Jonathan Fox, who was formerly at DLA.`Now I am sure that among some of the old school there will be a raised eyebrow or two about the fact that a marketeer is overseeing a […]

Freshfields takes Germany to the ICJ

Freshfields Bruckhaus Deringer is taking Germany to the International Court of Justice alleging the violation of international law. `Last week Freshfields Bruckhaus Deringer submitted an application to the ICJ in The Hague on behalf of the principality of Liechtenstein.`It accuses Germany of disregarding the sovereignty of the State of Liechtenstein and violating the right to […]

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