Protocols still not finalised

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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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Law Lords protect the family home

In 1986 Norton Rose put one of their newest recruits, Catriona Syed, on the team advising a wealthy widow on how to avoid the tax man getting his claws into the family home after her death. Now, over a decade later, Syed, who joined Charles Russell along with Norton Rose’s private client department in 1997, […]

Insolvency reform under threat as Mandy departs

The future of insolvency law reform is in doubt after the abrupt departure of Secretary of State for Trade and Industry Peter Mandelson. Insolvency lawyers are questioning whether planned reforms will take place in spite of Mandelson’s departure. Mandelson planned to reduce the burdens of insolvency. The fate of the proposed moratorium for smaller companies […]

Threesomes make uneasy bedfellows

What is it about tripartite mergers? Despite numerous attempts, only ex-Tory minister Lord Hunt of Wirral seems to have been able to pull one off. And the Beachcrofts and Wansbroughs merger is not really a three-way deal. Poor little Vaudreys up in Manchester was always a tiddler which Wansbroughs had decided to swallow, long before […]

In brief: Hempsons

Hempsons is accused by the Medical Defence Union (MDU) of negligence. The claim comes in a writ issued last week against the law firm, which alleges it was negligent in its handling of a libel action brought by Dr Peter Bixon against Channel 4 in 1994. The writ accuses the firm of negligence and breach […]

In-house calls the shots

Since the end of the recession – a watershed period for legal businesses – in-house lawyers have called the shots on fees. Private practices were bending over backwards to provide companies with competitively-priced services. But they weren’t bending far enough, according to the findings of our survey. Fees are still a big bone of contention. […]

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Register now

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