Thin end of the hedge

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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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Eversheds’ Tyco model sparks quiet revolution

One year on, Eversheds’ Tyco deal is setting a standard that others are trying to follow. By Nina Goswami As any technology fiend will tell you, good computer software is the cornerstone of a strong business, and as Eversheds has proved, law firms are no exception. This week marks the first anniversary of Eversheds’ £10m […]

BLP acts after resignation

Berwin Leighton Paisner (BLP) has moved to establish new procedures to prevent a repeat of the errors that led to the resignation of real estate partner Vinay Veneik last week. A spokesperson told The Lawyer: “More stringent procedures have been put in place than existed before.” The firm would not comment on the nature of […]

Salans brings Hunton partner on board

Salans has boosted its London office with the hire of corporate partner Rob Askew from US firm Hunton & Williams. Askew’s practice focuses on equity capital markets, M&A and private equity, with an emphasis on advice to nominated advisers and brokers on AIM transactions. His appointment follows the promotions of 15 new partners at Salans, […]

Clifford Chance creates women’s network

The group, which is headed by competition partner Liz Morony and corporate partner Kathy Honeywood, has been established just weeks after the firm launched its lesbian, gay, bisexual and transgender (LGBT) network. Morony said the network’s guiding principle will be to make the magic circle firm a better place to work by supporting women throughout […]

Nixon fixin’ to grow

It could be the dawning of a new era for Nixon Peabody. The US firm announced the election of New York-based finance head Richard Langan to managing partner, replacing the handsomely named Harry Trueheart III. The firm has high hopes for its international strategy, which recently saw the launch of the firm’s first European office […]

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