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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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Skadden Arps in Tokyo hires rival partners

US firm Skadden Arps Slate Meagher & Flom is taking on two partners from rivals to boost its Tokyo practice. Corporate partner Nobuhisa Ishizuka is joining from Morgan Lewis & Bockius and real estate partner Mark Bronson is moving in from Paul Hastings Janofsky & Walker. The pair will be joined by four lawyers from […]

Three leave 4 Paper Buildings for Littleton

Three tenants are leaving 4 Paper Buildings to join leading employment set Littleton Chambers to consolidate their commercial and employment practices. Senior juniors David Reade, Sam Neaman and Gavin Mansfield will be moving to Littleton Chambers on 4 September. All three expressed sadness about leaving 4 Paper Buildings but say it is an opportunity that […]

Eleven set to quit One Essex Court

Eleven civil practitioners are leaving the common law chambers of Sir Ivan Lawrence QC at One Essex Court to join the chambers of Richard King at 5 Paper Buildings, creating a 33-strong set . Discussions about the future of One Essex Court are currently taking place but no one was available for comment. Head of […]

Bond Pearce partner leaves to form KLegal competition group

KLegal, the associated law firm of accountancy giant KPMG, is taking on a partner from regional firm Bond Pearce to set up a competition practice. Rob Murray is joining the firm as a director – the equivalent of salaried partner. Before becoming head of the EU/competition group at Bond Pearce two years ago he spent […]

Rozenberg

With the Human Rights Act just a couple of months away, the Government seems torn between celebrating a great constitutional milestone and maintaining that nothing much is going to change. Ministers may be forgiven for playing down the seismic shifts that lie ahead: if government departments are torn apart by human rights claims in the […]

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