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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&O opens in Hamburg with White & Case trio

Magic circle firm Allen & Overy (A&O) has hired three top partners from White & Case Feddersen to set up an office in Hamburg. Corporate M&A and energy partner Cornelius Fischer-Zernin and corporate M&A and telecoms partners Helge Schäfer and Mark Hoenike will launch the office on 1 May. Frankfurt partner Reinhard Hermes is also […]

LEGAL WIDOW

Foot-and-Mouth is forcing the Lawyer to put his hands deep in his pockets for our Easter holiday, something he finds painful at any time of year. With much of Britain out of bounds, the cheap Welsh cottage we’d set our hearts on (well, the Lawyer’s heart was set on it, anyway) has gone to the […]

BHP billiton

A massive deal for Linklaters‘ long-term client Billiton, as it merges through a dual-listed companies structure. Shareholders in each company will not be required to exchange or tender their existing shares, and each share in BHP and Billiton will have the equivalent effective economic and voting interest in the combined group. The Linklaters team included […]

CIBC world markets

This is the first deal the London office of White & Case has closed for CIBC World Markets. Head of bank finance Maurice Allen scooped the deal through existing relationships with individuals in the bank’s leveraged finance group. Executive director of leveraged finance Europe at CIBC Jonathan Rowland, who used to be at Barclays, had […]

Escape to victory

SUSANNA FitzGerald QC is the woman responsible for bringing table dancers to Stringfellows. This tenant of magic circle commercial set One Essex Court, also happens to be one of the bar’s leading, if somewhat unconventional, licensing practitioners. FitzGerald has a unique brand of “bad girlness” which, in addition to representing the likes of Peter Stringfellow, […]

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