Speechly advises BDO

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Latest Briefings

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.

Report of the Independent Review of the FOS is published

By Richard Hayllar On the 12 July 2018, the Financial Ombudsman Service (the FOS) published a report on an Independent Review carried out by Richard Lloyd (former Which? executive). The review was undertaken following the broadcast of the Channel 4 Dispatches programme which set out a number of concerns about the handling of FOS complaints.

Efficient arbitration, part 2: Launching an Efficient Arbitration

Kicking off our series on efficiency in arbitration, our first article, Efficient Arbitration – Part 1: Metrics sets out our idea of an efficient arbitration: Achieving the best possible outcome with the least amount of resources. A range of tools are available to focus the spending of resources. Resources should be invested, not wasted. The selection of […]

Efficient arbitration, part 1: Metrics

This is the first in a series of articles by Schoenherr focusing on efficiency in arbitration. In our series, we will explore various tools which serve to improve the efficiency of any given arbitration and so achieve a favourable outcome without wasting resources. But before exploring those tools we need to determine what efficient arbitration […]

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Sheffield merger makes 'cracking' unit

SHEFFIELD-based Irwin Mitchell is to strengthen its corporate practice by merging with local firm Kershaw Tudor. The firms say the merger has been under consideration for some time and has no bearing on the fact that Nabarro Nathanson is due to move into the city this month. Howard Culley, Irwin Mitchell’s managing partner, says an […]

Accident panel gets sole access to fees insurance

NON-MEMBERS of the Law Society’s Accident Line panel of lawyers will effectively be barred from taking on conditional fee cases, it has emerged. Vital insurance cover, to be launched by the society when the new regulations have cleared their final parliamentary hurdle, will only be available to Accident Line members taking personal injury cases. New […]

Ernst & Young sacks half US in-house team

INTERNATIONAL chartered accountancy firm Ernst & Young has surprised the legal world by slashing its US in-house department by more than one half. Thirty-seven of the firm’s 65 lawyers were called in on the 10 October Columbus Day holiday and dismissed. The firm’s national director of public communications, Mort Meyerson, says although staff had no […]

Property

Anquila Corporation, advised by Norton Rose, has acquired 63/65 Buckingham Gate in London for u38.5m from the freehold vendor Trust Company of Australia, advised by Clifford Chance. Buckingham Gate, Natal Trading and Hawfinch were advised by Linklaters & Paines.

First Division lobbies to safeguard CPS future

The Association of First Division of Civil Servants (FDA) is to lobby politicians over the future of the Crown Prosecution Service (CPS) following new fears that core services such as advocacy could be thrown open to market testing as a cost-cutting move. The Government is considering either privatising the CPS or turning it into a […]

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