Project financing

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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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Flotations

Franks Charlesly & Co acted for Grosvenor Land Holdings on its acquisition from Oakburn Properties

EC warns Poland against barring foreign law firms

The European Commission has warned the Polish government that restricting foreign lawyers from practising in Poland would contravene EC regulations. The warning was prompted by concerns over draft legislation to regulate and reform the Polish legal system which, by ruling that legal services can only be provided by Polish lawyers, would effectively force foreign lawyers […]

Internet censorship. Clean up Internet's porn showing

A recent deluge of sensationalist newspaper headlines has brought the heated arguments over the control of material available on the Internet to the boil. Headlines such as: “Stop these companies peddling filth on the Internet” and “These men are not paedophiles: they are Internet abusers” and the articles that follow them have increased concern about […]

Brief

Two separate initiatives encouraging law firms to implement “green” housekeeping policies kick off this month. The launch by the Environmental Law Foundation (ELF) of a new campaign to make lawyers more environmentally friendly coincides with the staging of a gala fundraising green dinner for leading members of the legal community. ELF has been awarded £12,600 […]

Inn's search for tenants

John Malpas reports A FULLY-equipped, modern chambers in Lincoln’s Inn, which can house about 50 tenants, is lying empty because the Inn has been unable to rent it out. The chambers, which used to house the set Hardwicke Building before it moved to a larger building nearby, is one of only a few large properties […]

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