Smiths uses Wragges on £33m sale

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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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Milberg Weiss attacks rivals for ‘copying’ its complaints forms

US class action firm Milberg Weiss Bershad Hynes & Lerach is taking legal action against competitors that it alleges have been copying its complaints forms to steal its clients In US securities class actions, any firm can round up shareholders 60 days after the first complaint is filed. According to the Fulton County Daily Report […]

Community patent gets waylaid

The EU Council of Ministers for Competitiveness has failed to agree legal proposals for setting up a so-called ‘community patent’‚ which would give inventors the option of obtaining a single patent that is valid throughout the EU. Germany and Portugal succeeded in blocking the initiative to the annoyance of internal market commissioner Frits Bolkestein. Germany […]

Great figurers wanted

Tulkinghorn has been contacted by an influential figure within one of London’s premier law firms, who asks plaintively whether tax lawyers can ever be sexy. Ever wanting to help out his friends in the City, Tulkinghorn would like to ask readers to help dispel the myth that tax is for boffins. Here’s the challenge: find […]

Bates Wells & Braithwaite posts lawyer to DTI

City-based firm Bates Wells & Braithwaite has seconded solicitor Abbie Rumbold to the Department of Trade and Industry (DTI). Rumbold will help to draft new laws to set up a body named the Community Interest Company (CIC). The creation of the CIC is part of the Government’s initiative to support the fast-growing social enterprise sector. […]

Cuatrecasas looks to grow CGMP alliance with Mexican and Chilean recruits

Spanish firm Cuatrecasas is looking to bring a Mexican firm and a Chilean firm into its formal Iberian alliance The firm has brought Chilean firm Carey y Cía Abogados and Mexican firm Creel García-Cuellar y Müggenburg into a Latin American desk that it is running with its Iberian alliance members, and is now considering bringing […]

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