Ropes & Gray’s London office in the middle at the end of Almatis thriller

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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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New Labour leader Miliband is giving nothing away

So, what can lawyers expect from the new Labour (not New Labour) leader Edward (not David) Miliband? I looked for clues in his speech. The Manifesto (despite its ­presumed authorship) is toast, a point stressed by the phrase the ’new generation’. But it will be hard to escape the ghosts of the past. The stony […]

Tulkinghorn: Hung, drawn up and then quartered

News has reached Tulkinghorn Towers that those crazy ABS-phobes north of the border are at it again. When the Scottish Law Agents Society (SLAS) finally agreed to an amended version of alternative business structures being introduced to the Scottish legal market, those who had always been in favour of them breathed a collective sigh of […]

Another day, another Orrick merger proposal

Seemingly unabashed by a string of doomed romances, serial seducer Ralph Baxter is back. As reported on the TheLawyer.com today, the Orrick chairman is locked in talks about a potential tie-up with US firm Akin Gump (see story). If successful the combined firm would have more than 1,800 lawyers and a turnover of around $1.8bn. […]

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