SDT’s judgment on Veneik shenanigans receives endorsement of the profession

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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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Macfarlanes advises on sale of online design store

Hammonds, Macfarlanes and Thomson Snell & Passmore have claimed starring roles on the sale of designer Cath Kidston’s global chain of shops to private equity firm TA Associates. Hammonds, Macfarlanes and Thomson Snell & Passmore have claimed starring roles on the sale of designer Cath Kidston’s global chain of shops to private equity firm TA […]

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Clayton Utz takes legal action against A&O defector

Clayton Utz is to pursue legal action against a former partner who defected to set up Allen & Overy’s (A&O) Australian practice earlier this year. Grant Fuzi was one of 14 Clayton Utz partners who jumped ship in February when A&O opened offices in Sydney and Perth. The Australian firm has retained a QC to […]

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CC sends duo abroad in emerging markets push

Clifford Chance has again pushed emerging markets work to the ­forefront of its strategy ­following the relocation of two of its most experienced London partners to Saudi Arabia and Russia, while re-emphasising its desire to see juniors spend time in ­different jurisdictions. London litigation chief Nick Munday and co-head of finance Tim Plews will relocate to Moscow and […]

Mayer Brown launches Paris competition practice

Mayer Brown has launched a competition and distribution practice in Paris with the hire of a new practice head. Partner Nathalie Jalabert-Doury has joined the firm from Carreras Barsikian Robertson & Associés, where she spent five years as a partner. Before that she worked at Jeantet Associés. The managing partner of Mayer Brown’s Paris office, […]

Hammonds promotes eight new partners

Hammonds has made up eight new partners in its latest round of promotions, five of whom are based in the UK. Promotions were also made at the firm’s offices in Berlin, Hong Kong and Brussels, and will take effect on 1 May. The figure is up from last year, when just six partners were promoted, […]

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