RPC bolsters construction with Masons hire

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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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And then there were three: CC sees another West Coaster depart

Clifford Chance’s ever depleting US operation has been hit with a departure from its West Coast office as James Lico jumps ship to Kirkland & Ellis. Lico’s exit leaves just three partners within Clifford Chance’s West Coast operation, including Tower Snow, the former chairman of Brobeck Phleger & Harrison, who led a team of partner […]

Skadden secures first Lehman Bros instruction

Skadden Arps Slate Meagher & Flom has won its first instruction from Lehman Brothers in France on the privatisation of the French motorways. Lehman, which has hired a number of heavy hitters to target the European equities market, conducted a beauty parade after being named joint financial adviser with Société Générale on the Société des […]

BLP and FFW both land new hotel sector clients

Berwin Leighton Paisner (BLP) and Field Fisher Waterhouse (FFW) have scored a client win apiece in the hotels sector. BLP advised property manager Marylebone Warwick Balfour (MWB) on its acquisition of the Hotel Du Vin hotel chain for £66.4m in its first direct instruction from MWB. The deal follows work that BLP undertook for boutique […]

Clifford Chance star Benedict seals Milbank move

Clifford Chance (CC) has lost its star New York rainmaker Jim Benedict, The Lawyer can reveal. As first revealed in The Lawyer (11 October 2004), the former US managing partner has been in advanced discussions with Milbank Tweed Hadley & McCloy. Clifford Chance sources say that over the weekend the firm’s managing partner Peter Cornell […]

Law Soc president warns of ‘far-reaching’ reform

The President of the Law Society warned last week that solicitors face “the most far-reaching reform of the profession in decades”. Speaking at the Law Society Annual Conference in Birmingham on Friday (15 October), Edward Nally said that “the Law Society Council has mapped out a vision” for reformation of the way the profession is […]

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