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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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Ward of the land

As the go-to person in disputed Land Registry applications, the independence of the adjudicator is of key importance. By Michelle Stevens-Hoare The adjudicator to HM Land Registry is an independent judge appointed for the purpose of overseeing disputed applications that arise at the Land Registry. The adjudicator, his deputies and staff constitute an independent tribunal […]

Raft of firms steer sale of V2 Music

London firm Sheridans has drafted in a range of firms to advise Morgan Stanley on the sale of V2 Music to Universal Music Group (UMG). The team at Sheridans was led by the firm’s corporate and commercial head Rex Nwakodo, who oversaw and co-ordinated the deal. The transaction saw a roster of firms get involved […]

HGF fills patents niche in Scotland

English patent and trademark firm Harrison Goddard Foote (HGF) has opened its first office in Scotland, poaching Marks & Clerk partner Gary Wilson for a Glasgow launch. Wilson, who specialises in pharmaceutical and engineering patents, will lead the new office, which will focus on patent applications for renewable energy and oil and gas clients. Currently […]

Slaughters chief hits out at PEP obsession

Slaughter and May senior partner Tim Clark has described the legal market’s focus on average profit per equity partner (PEP) as a “negative influence”. Clark debates the best measure of firm performance with Allen & Overy managing partner David Morley, Clifford Chance managing partner David Childs, DLA Piper CEO Nigel Knowles and Freshfields Bruckhaus Deringer […]

Ben Hoare Bell doubles up in Newcastle

•Sunderland’s Ben Hoare Bell has opened a second office in Newcastle. •Sunderland’s Ben Hoare Bell has opened a second office in Newcastle. The new office in Byker is the firm’s second in the city after it launched a base on Tyneside’s Jesmond district in February. The eight-partner firm is one of the largest legal aid […]

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