Silicon Valley profits soar despite technology slump

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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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A VIEW FROM MADRID

Over the past year or so there has been an increasing number of international firms moving into Spain. Mobility among lawyers is on the up and the recruitment of high-calibre practitioners is becoming increasingly difficult. The Spanish legal market has become more attractive to major legal firms in the past few years. Simmons & Simmons, […]

Arnold & Porter hires IP chief

Washington DC firm Arnold & Porter is taking on a new global intellectual property (IP) and technology litigation head. Joel Freed is joining from local rival Howrey Simon Arnold & White, which boasts the world’s largest IP practice. Freed will head a team of 80 lawyers based in the firm’s US and London offices. His […]

White & Case in Italian merger

The move gives the firm a presence in both Rome and Milan, with the new joint practice to be called Studio Legale White & Case Varrenti e Associati. Founding partner Alessandro Varrenti becomes an equity partner at White & Case, while his four other partners become local partners of the firm. Varrenti e Associati has […]

ICL turns to Barlow Lyde

Barlow Lyde & Gilbert is to join the ranks of Masons and Linklaters & Alliance as core adviser to IT giant ICL. The Fujitsu-owned company does not have a formal panel, but it does have extremely close and longstanding relationships with Masons and Linklaters. Linklaters usually acts as ICL’s corporate and M&A adviser, with Masons […]

Technology, Media and Telecoms

RiverSoft makes initial public offering on techMARK and Rule 144A placing. Issuer advised by Linklaters & Alliance (Derek McMenamin). Sponsor and sole bookrunner Morgan Stanley Dean Witter advised by Allen & Overy (Mark Dighero).

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