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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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Hammond Suddards boasts record profit

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US giants advise on biggest ever initial public offering

US firms have scooped the work on the world’s largest initial public offering (IPO) – the £11.6bn($18.6bn) sale of shares in Italian state-owned electricity company Enel. Global firm Shearman & Sterling and US firms Sullivan & Cromwell and Skadden Arps Slate Meagher & Flom have all won a role in the deal due to the […]

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Lovell White Durrant, CMS Cameron McKenna, Nicholson Graham & Jones and Lawrence Graham are on tenterhooks as Henderson Investors finalises its first-ever property panel review. The reshuffle comes after Henderson Investors was acquired by Australian company AMP in March 1998 and later merged with AMP Asset Management. A number of firms, including Lovells, Camerons, Nicholson […]

Legal Widow

The Lawyer has decided he’ll never become a millionaire by waiting for the goddess Equity to bless him with another 3000 chargeable hours and an assistant capable of working the photocopier, and so has started writing his novel. Every lawyer, of course, believes he has a novel in him, along with a terrific article for […]

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