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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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Northern exposure

The North West’s legal lonely hearts club just gets bigger by the day. Liverpool insurance giant Weightmans, and Manchester’s personal injury specialist Donns Solicitors are just two of the firms who have been caught whispering sweet somethings into the ears of opponents, in the hope of striking a deep and financially meaningful relationship. Meanwhile, half-competent […]

Govt lawyers to work pro bono

The Solicitors Pro Bono Group (SPBG) has called the decision to allow government lawyers to carry out pro bono work a “very important breakthrough”. Solicitor General Ross Cranston has told the House of Commons that both he and the Attorney General were keen to encourage government lawyers wanting to handle pro bono work. “Those in […]

Herbert Smith in £36.5bn Olivetti bid

Herbert Smith is advising Olivetti on the biggest European debt financing ever as the computer giant prepares its audacious bid to buy Telecom Italia. The firm is working with Italian firm Erede & Associates in advising Olivetti on raising funds for its £36.5bn takeover of the Italian telecommunications giant, which is five times its size. […]

In brief: Lawrence Graham

Lawrence Graham, the City-based practice, has appointed Eversheds partner William Sturge to its insurance and reinsurance practice. Sturge is an international specialist with a particular knowledge of the Middle East and South America.

Welsh lawyers give support for plan to break away from 'English' Law Society

SEVENTEEN regional Welsh law societies are ready to sever links with Chancery Lane and form an independent Law Society of Wales. Umbrella group the Associated Law Societies of Wales (Aslow) is consulting the 2,000 solicitors in the principality on whether they want to reform the present Law Society structure, or break with England altogether. Although […]

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