Source of Doubt

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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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DLA ramps up in Brazil as two partners gain local licences

DLA Piper is stepping up its operations in Brazil, shortly after entering into a cooperation agreement with local firm Campos Mello Advogados (CMA). Chicago-based partner and chair of the firm’s Latin America practice Stuart Berkson and New York-based partner and global co-chair of the energy practice Robert Gruendel have both been licensed as foreign consultants […]

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SNR Denton: The Movie

First there was the humble wedding video. Next came the somewhat less innocent age of the celebrity sex tape. Now, with transatlantic tie-ups the sujet du jour for the ambitious law firm, high command at the newly monikered SNR Denton give us ’Merger: The Movie’. The mind-bogglingly irony-free video nasty features soon to be co-CEOs […]

Former Gide and CC lawyers set up Paris independent

Former lawyers from Gide Loyrette Nouel and Clifford Chance have banded together to launch a boutique finance practice in Paris. Jeremie Duhamel and Jeremy Blimbaum have launched banking and finance firm Duhamel Blimbaum along with two associates. Before launching the firm Duhamel was a senior associate at Gide and Blimbaum was a senior associate at […]

UK banks fend off mooted pre-election facelift

Coming into the election, there were clear dividing lines between the parties on bank regulation – Labour thought that the existing mechanism worked well and wanted to keep it; the Conservatives wanted to remake the regulatory system; and the Liberal Democrats wanted to remake the banking system. The triumph of the Conservatives and Liberal Democrats […]

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Old Square defeats Littleton in BA strike appeal

British Airways (BA) has suffered a major blow in the Court of Appeal after it ruled  that planned strikes by cabin staff who are members of the Unite union are legal. The union instructed Old Square Chambers silk John Hendy QC to go to the Court of Appeal after the High Court on Monday issued […]

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