Rosenblatt sets up restructuring group

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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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Critics snipe at third-party litigation funding code

The proposed regulation of third-party litigation funders has come under fire for failing to bring full transparency to the sector. A draft code of conduct seen by The Lawyer stipulates that the assets of members of the proposed Third Party Litigation Funders Association should exceed liabilities, and that the ultimate parent company be a regulated […]

Paul Weiss promotes four in New York

US firm Paul Weiss Rifkind Wharton & Garrison has made up four associates in its latest round of partnership promotions, all in New York. Andrew Ehrlich, David Brown and Jacqueline Rubin have made partner in the litigation group while Manuel Frey has been made up in the corporate department. Paul Weiss chairman Alfred Youngwood said: […]

Shearman & Sterling promotes 11

Shearman & Sterling is the latest US firm to announce partner promotions. Property lawyer Clare Breeze and capital markets lawyer Mei Lian have been promoted in London. In total the firm has added 11 to the partnership. The firm’s international network had the bulk of promotions with a total of eight being made up, two […]

More groups allowed to bring class actions, govt told

Proposals to allow more representative bodies to bring class actions on an opt-out basis have been put forward to the government today. The Civil Justice Council (CJC), the body responsible for advising the Lord Chancellor on the modernisation of the law, called for reform of the group litigation model to remove barriers to access to […]

Dentons helps Al Jazeera change its image

Denton Wilde Sapte has been ­giving lessons to global media ­network Al Jazeera on improving its image in the press. A team including Doha-based client ­partner Safwan Moubaydeen, four London-based technology, media and telecoms and employment partners and the firm’s PR ­manager provided a week of ­seminars at the ­network’s Qatari headquarters. Al Jazeera requested […]

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