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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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Turnover inches up at Browne Jacobson

Midlands firm Browne Jacobson has announced its 2006-07 turnover, which is up by just 3 per cent from £30.1m to £32m. The firm has not yet confirmed profit figures, but managing partner Brian Smith predicted that average profit per equity partner (PEP) would be up by approximately 8 per cent, to £315,000. Any increase would […]

Thompsons scores Lords victory in dinner ladies’ equal pay claim

Trade union and personal injury specialist Thompsons Solicitors has won a battle for a group of dinner ladies in the war over equal pay. Five law lords ruled last week that the 36 dinner ladies were victims of bullying by their employer, St Helens Borough Council, Merseyside, the aim of which was to get them […]

Linklaters set to break billion-pound mark

Race to top symbolic £1bn heats up as Freshfields edges closer Linklaters set to break billion-pound mark” />Revenues at Linklaters are set to smash the £1bn barrier for the first time as it challenges Clifford Chance for the title of the world’s largest law firm. Linklaters will outshine Freshfields Bruckhaus Deringer, with growth of around […]

Barristers enticed to take English common law expertise overseas

Three of England’s high-profile barristers have decided to make the move to offshore jurisdictions within the past month. Nigel Meeson QC and Jo Cunningham of Quadrant Chambers have agreed to take up places in the Cayman Islands and British Virgin Islands (BVI) respectively. Meeson will be the head of litigation at the Cayman Islands office […]

Lovells scoops Merck legal chief

Lovells has strengthened its life sciences group with the addition of former Merck Sharp & Dohme legal director Marc Dalby, a client of the firm. At Merck Sharp & Dohme, the UK subsidiary of Merck & Co, Dalby was company secretary in addition to his role as legal director. He has not been replaced yet. […]

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