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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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Matrix founder Blake joins bench

Matrix Chambers is to lose founding member Nicholas Blake QC to the bench. Matrix Chambers is to lose founding member Nicholas Blake QC to the bench. Blake, who was called to the bar in 1974 and took silk 20 years later, will be taking up his judicial post in the Queen’s Bench Division after being […]

Prize fighter

Awards are a tricky business. Every City lawyer professes not to care whether or not they receive one and yet there is much pouting if there isn’t a trophy to decorate firms’ lobbies and mantelpieces. Ashurst private equity maestro Charlie Geffen took emoting to another level at a recent industry awards bash at which his […]

Links leads the IT crowd

Linklaters has once again proved itself to be one of the more IT-savvy firms in the City, having launched its second computer program documentation system. The Leveraged Term Sheet Generator (LTSG) is an addition to the Term Sheet Generator, which was launched by the firm in 2003. The program reduces the amount of time it […]

Dewey ditches London managing partner role

Dewey & LeBoeuf’s decision to scrap the London managing partner role has been greeted with surprise across the firm, effectively bringing an end to the post-merger honeymoon period. As first revealed on www.thelawyer.com (17 October), neither Dewey Ballantine London head Fred Gander nor his LeBoeuf Lamb Greene & MacRae counterpart Peter Sharp was handed the […]

Eversheds to make redundancies

Eversheds_office.jpg” alt=”Eversheds to make redundancies” />Eversheds is set to make up to 15 staff redundancies as the firm centralises its finance operations. The reorganisation will see new finance teams operating out of London, Cardiff, Birmingham and Leeds and will serve the entire firm rather than the current set up where each office has its own […]

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