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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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Julian Stait
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Milbank hires DLA partner for London litigation team

Milbank has boosted the litigation capabilities of its London office with the hire of DLA Piper partner Tom Canning. Julian Stait, Milbank’s London litigation and arbitration head, said Canning’s arrival was part of the US firm’s ongoing strategic ambition to grow its City disputes capability. “Tom has a mixed litigation practice but his heaviest focus […]

Skadden helps SocGen fight off US subprime class action

Skadden Arps Slate Meagher & Flom has successfully defended Société Générale (SocGen) in a class action that alleged the bank violated US securities law and misled investors over its exposure to subprime mortgages. The consolidated securities class action was brought against the bank and several executives, including former chairman and chief executive officer Daniel Bouton. […]

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QualitySolicitors to launch 50 branches as talks with top 100 firms heat up

QualitySolicitors is in talks with several top 100 firms that are considering signing up to the law firm franchise, according to chief executive Craig Holt.  Next month the company will launch 50 new branches across the UK including offices in Cardiff, Sheffield, Liverpool, Ashford and London. Holt said the group plans to launch offices in […]

Optimism as Addleshaws unfreezes salaries

Addleshaw Goddard has restructured its non-partner bonus arrangement after nobody received the payment last year and, in a sign of greater optimism, has also ended a two-year salary freeze. The firm has introduced a discretionary bonus award for exceptional performance. The pool was calculated at 40 per cent of the amount that would have been […]

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Seven City lawyers get the nod in White & Case promos

White & Case has promoted 35 partners across its global offices, including seven in London. The firm said the City promotions are evidence of its continued investment in the office, following the promotion of five associates to partner earlier this year (9 March 2010). The Wall Street firm has also made four partner hires in […]

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Register now

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