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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.

Recommended

Lawrence Graham in partner U-turn

Lawrence Graham has made up a lateral hire to its partnership just weeks after revealing that the firm would not be making up any partners internally this year. New hire David Breslin joins Lawrence Graham’s insurance and reinsurance practice, bolstering the group to seven partners. However, Breslin’s hire as a partner comes just weeks after […]

Stop press

The QC selection panel will today (11 July) sound the starting gun for the return of silk. It is expected to unveil detailed plans governing the process, including the application deadline. Suspended in 2004, the QC appointment system has been radically overhauled and will have to deal with an anticipated 1,000 or more applicants in its first […]

A&O LLP accounts : a milestone in financial reporting

Allen & Overy‘s (A&O) decision to publish its limited-liability partnership (LLP) accounts is a milestone in financial reporting in the legal profession. A&O isn’t the first firm to do this: Eversheds, Harbottle & Lewis, Mayer Brown Rowe & Maw, Withers, and Wragges (to name just a few) have all converted to LLP status. But A&O […]

The end is high

The Government faces a tough sell in trying to navigate a reduction in the local government pension scheme through a union minefield. By Jane Marshall and Wendy Hunter No reader of the financial press can have escaped the topic of pensions over recent months. There have been failures of company schemes without enough money in […]

Real estate groups prove their worth in the turnover stakes

Real estate is more than holding its own against corporate and finance rivals. By Joanne O’Connor The results speak for themselves. Research for this year’s The Lawyer UK 100 Annual Report confirms once and for all that, far from being the poor cousins to their corporate and finance brethren, the UK’s real estate practices are […]

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