Oh, Howrey mighty have fallen

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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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Fladgate LLPs reveal £1m loan funded Covent Garden move

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Fixed fees, senior service, outsourcing: is that enough to make Radiant shine?

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Simmons puts China and Germany growth ahead of US merger

Simmons & Simmons has put finding a US merger on the backburner, preferring to focus on investment in Germany and China. Managing partner Mark Dawkins told The Lawyer that, although the firm was not pursuing a US merger, last year’s talks with Mayer Brown made him realise “that we sometimes underestimate how strong our name […]

Harneys and Collas Day announce annual promotions

Harneys and Collas Day have kicked off this year’s offshore promotions round with the former adding three new partners and the latter one. Indira Birkwood, Nancy Erotocritou and Philip Graham have been made up in Harneys’ London, Cyprus and British Virgin Islands (BVI) offices respectively. The firm now has 27 partners. Birkwood and Erotocritou are […]

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Cripps re-elects senior partner for second term

Tunbridge Wells-based Cripps Harries Hall has re-elected Michael Stevens as senior partner for a second term following an uncontested election. Stevens first took up the role in May 2006 when he took over Andrew Fermor, who had held the position since 1998 (30 January 2006). During his time Cripps Stevens has helped pioneer the firm’s […]

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