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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.

Recommended

'I feel totally and utterly stitched up'

Michael Martin speaks for the first time about his acrimonious split from Cloisters. Matheu Swallow reports. Senior clerk Michael Martin is an embittered man who claims his ejection, after 26 years, from Cloisters chambers has left him humiliated and close to a nervous breakdown. “I feel totally and utterly stitched up. They’ve wiped 26 years […]

Directories under fire for wasting firms' millions

Law firms are squandering millions of pounds on supporting legal directories, according to a new survey of in-house lawyers. The shock study will provide ammunition to the growing band of law firms fed up with the huge cost of marketing themselves in directories. Some City firms are known to be planning a boycott of the […]

Property

Herbert Smith represented BAA Lynton on the 25-year lease of property at Gatwick Airport to British Airways’ franchise carrier GB Airways. The original terminal building will be used as GB Airways’ headquarters. The company will move into the building in May 2000. Shelagh McKibbin (pictured), a property partner at Herbert Smith, acted on the transaction […]

US firm takes on R&W's Paris office

Rogers & Wells’ Paris office merges today (Monday) with New York firm Kramer Levin Naftalis & Frankel because it does not want to be “an appendage” to Clifford Chance’s merged monolith. Paris managing partner Alexander Marquardt’s 21-strong team becomes Kramer Levin’s first office outside Manhattan. Marquardt, in his first interview since rumours spread of the […]

Bar Council scorns LawSoc's call for a unified profession

THE Bar Council is dismissing Law Society president Robert Sayer’s calls for a unified legal profession as “Mickey Mouse policies dreamt up in Disneyland”. Sayer is calling for a unified profession within five years “with one code of conduct, one set of rules, one regulator”. But his speech, given at the Solicitors’ Law Festival in […]

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