Revised figures drag SJ Berwin PEP over £700k

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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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DLA Piper, Maclays, Weil bag Morgan wind-up roles

DLA Piper Rudnick Gray Cary, Maclay Murray & Spens and Weil Gotshal & Manges have all secured instructions on the administration of fashion chain Morgan. The UK arm of the clothing retailer was put into administration at the end of June, with all 47 department stores and 19 standalone stores being closed with the loss […]

Councils demand more time to draw up gambling laws

Local authorities are warning of chaos and confusion unless the Government gives them at least three times longer to implement new gambling laws. In a letter to the Department for Culture, Media and Sport (DCMS), the Local Authorities Coordinating Office on Regulatory Services chair Geoffrey Theobald said that authorities were put in an “unacceptable position” […]

Slaughters strays find new homes

The last remaining Slaughter and May partners searching for homes following the merger between the UK firm’s French practice and Bredin Prat in January have done so. Litigation head Edouard Bertrand has plumped for Campbell Philippart Laigo & Associés, where he can focus on his contentious practice. Berwin Leighton Paisner (BLP) has lured corporate finance […]

Islamic finance presents firms with new opportunity to make their mark

Norton Rose, DWS and A&O are leading the way, says Lorraine Cushnie DP World’s groundbreaking sukuk; Gordon Brown’s announcement that he wants London to become the global Islamic finance centre; Lloyds TSB’s decision to launch sharia-compliant mortgages. Wherever you look, Islamic finance is in the news. It is one of the fastest-growing areas of international […]

Hypnotist faces Mirror in libel trial

Media specialists Davenport Lyons and Swan Turton are facing off in the High Court this week as hypnotist Paul McKenna sues the Daily Mirror for libel. Swan Turton partner Jonathan Coad is acting for McKenna in his case against the paper. The claim was brought after the Mirror published an article in October 2003 which […]

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