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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.

Recommended

Real Estate and Projects

Development Securities agrees £37m forward funding with Morley Fund Management for the 132,000sq ft second phase of Cambourne Business Park, Cambridge. Development Securities advised by Linklaters & Alliance (Andy Bruce). Morley Fund advised by Penningtons (Peter Howard). John Laing Property sells Reading office development Kings Wharf to an Irish syndicate assembled by Hamilton Osborne King […]

Resolve to evolve

People who call for revolution are often in the minority and are easily dismissed by the majority, who are comfortable with the status quo. But when the status quo is less profitable, less efficient and denies opportunity, those who call for revolution may not be in the minority for long. It is probable that during […]

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A VIEW from Egypt

Egypt is a country that has attracted considerable interest from UK businesses in recent years. Despite this, it remains a bit of a mystery to many people in terms of knowing its legal market. Egypt has had an enormous cultural influence within the Arab world, and expatriate Egyptian lawyers have been responsible for much of […]

A man of Substance

A plethora of high-value, non-core selloffs means an impending review of chemical company Laporte’s legal panel. Dearbail Jordan talks to Nicholas Smith, head of legal at the downsized in-house department, to see which way the wind is blowing In the same way that the manufacturing sector has folded in on itself as City investors continue […]

A&O scoops Cravath star to boost NY

Allen & Overy (A&O) is dramatically increasing its New York presence, spearheading its expansion with a new senior partner from Cravath Swaine & Moore. Leading M&A and derivatives lawyer Daniel Cunningham is joining the firm to help bring to fruition plans to increase the office’s size by 300 per cent. He is believed to be […]

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