Opinion: UK economy needs an IP tsar

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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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FAnks for the memories

By any stretch of the imagination, the FA has not enjoyed a vintage year. First, Lord Triesman resigned under a cloud formed entirely of the vapours from his own hubris; then, the England national team were cruelly torn from their beach holidays to entertain the world with a blistering two-goals-in-four-games salvo at the World Cup. […]

A&O hires Bingham partner for New York ICM practice

Allen & Overy’s (A&O) New York office has hired capital markets partner Ed De Sear as a partner in its international capital markets (ICM) group. De Sear joins from Bingham McCutchen in New York. His practice focuses on both the domestic and international asset-backed securities markets and he has acted on a number of transactions […]

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Cloud cuckoo brand

We didn’t expect to write quite this much about one firm, but this week former managing partner Ian Austin has gone on the record about Halliwells’ fate.  There are a lot of geeky questions for accounting specialists to wrestle with, not least the discrepancy in the financial results that were given to the outside […]

Appeal ruling allows hedge funds to access Lehman funds

The Court of Appeal has ruled that hedge funds whose money was not properly ringfenced when Lehman Brothers went into administration will have access to client money deposited with the UK division of the bank, Lehman Brothers International (Europe) (LBIE). The judgment overturns a decision handed down by Mr Justice Briggs in December, which stated […]

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Clifford Chance and Freshfields act on PartyGaming-bwin merger

Magic circle duo Clifford Chance and Freshfields Bruckhaus Deringer have bagged the leading mandates advising on the €2bn (£1.7bn) merger of online gaming sites PartyGaming and bwin. Freshfields is acting for PartyGaming, with corporate partner Christopher Mort leading a team that also included dispute resolution partner Geoff Nicholas. Bwin is being advised by Clifford Chance […]

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