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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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Flotations

Finers acted for road traffic accident management service provider Accidentcare Group and corporate advisers Daniel Stewart on an £1.2m offer for subscription and admission to trading on Ofex. Peter Jay and Ashley Reeback

LAB set to cut back on temporary admin staff

The Legal Aid Board (LAB) is understood to be planning cutbacks in temporary administrative staff, say senior sources. It is thought the LAB will not renew certain temporary contracts when it becomes the Legal Services Commission following the Access to Justice Act and contracting is introduced. As reported exclusively in The Lawyer (1 February), the […]

In brief: Shaw Pittman

Shaw Pittman. In last week’s survey of US firms in London it was stated that Shaw Pittman partner Andrew Dunlop joined the firm from Dibb Lupton Alsop when it was, in fact, Freshfields.

Sidley & Austin poaches partner from rival US firm

International law firm, Sidley & Austin has poached Robert Asher from the London office of US firm, Hogan & Hartson and installed him as partner in the corporate group. The US qualified lawyer joined Sidley & Austin’s London office yesterday and will boost the team of US lawyers working on finance, securities and acquisition deals. […]

In brief: Sinclair Roche & Temperley

Sinclair Roche & Temperley is battling to keep Korea’s second-largest conglomerate Daewoo afloat. Head of company and commercial Kevin Dean is leading a team of six London-based lawyers and four in Hong Kong, advising Daewoo UK, Daewoo Cars and Daewoo Hong Kong. Cleary Gottlieb Steen & Hamilton is advising Daewoo in Seoul.

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