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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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Cotty Vivant hire sparks Singapore launch

French independent firm Cotty Vivant Marchisio & Lauzeral has launched an office in Singapore, scooping partner Philippe Taverne from DS Avocats. Taverne will head Cotty Vivant’s five-lawyer office in Singapore, becoming the firm’s tenth partner. He was head of the Singapore branch of DS Avocats from 2003 and before that was an associate at Gide […]

Foley’s Shanghai office goes live

Milwaukee-based Foley & Lardner has been given the green light to set up a representative office in Shanghai following an application made in February (www.thelawyer.com 5 February). The practice will be led by partner and chair of the firm’s Asian practice Catherine Sun and will focus on IP, asset management and litigation. “China’s growing presence […]

Sullivan & Cromwell

UK 200 Position: 6 UK 200 Position: 6 UK/global turnover: £57m/£500m Global PEP: £1.52m UK/global RPL: £870,000/£741,000 2006 was the year that Sullivan & Cromwell made its first direct attack on the London equity capital markets with the hire of Allen & Overy (A&O) corporate partner Vanessa Blackmore and a number of English-trained corporate associates. […]

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Chinese takeaway

Several imported Chinese goods have been recalled in the US. Hillel Parness and Derek Craig say vendors must know how to protect themselves The ‘Made in China’ label has taken a beating recently, as numerous products exported to the US, including fish, children’s toys, Boy Scout badges, truck tyres, food seasonings, pet food and toothpaste […]

Chadbourne star quits to join client GLG Partners

Hedge fund GLG Partners has snared a Chadbourne & Parke partner to ramp up its in-house legal team in London and New York. Hedge fund GLG Partners has snared a Chadbourne & Parke partner to ramp up its in-house legal team in London and New York. Alejandro San Miguel, who is GLG’s Chadbourne relationship partner […]

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Register now

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