Top silks call for partnership rights By Matheu Swallow

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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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Haarmaan Hemmelrath opens in London

Haarmaan is currently refusing to name the four UK lawyers due to “existing contractual obligations” but says all are drawn from “leading UK firms or Chambers”. The new London office will concentrate on company law, M&A work, capital market law, financial services and tax. Wilhelm Haarmaan, one of Haarmaan’s founding partners, says: “We are continuing […]

Associated British Foods

Associated British Foods (ABF) sells Burton’s Biscuits to Hicks Muse Tate & Furst’s funded newco Eubisco for £130m. ABF advised by Herbert Smith (Stephen Hancock), Hicks Muse Tate & Furst advised by Weil Gotshal & Manges (Andrew Harting). Debt finance provided by Donaldson Lufkin & Jenrette and Deutsche Bank, advised by Clifford Chance (James Johnson).

Eversheds steps up Euro plan with Dutch merger By Matheu Swallow

The merger with BDN, a top corporate and commercial practice in The Netherlands, adds to Eversheds‘ European offices in Paris, Monaco, Brussels, Moscow, and associated offices in Copenhagen and Sofia. Victor Semmens, Eversheds’ international director, says: “The Netherlands is an important trading partner of the UK, Germany and France and is the second-largest magnet for […]

ZMB

Having demerged from its secretarial recruitment division in the summer, ZMB was taken over by Hays for some £15m last month. With a turnover of around £6m, it placed approximately 30 partners last year. The rising stars at the moment are Yvonne Smyth and Andy Russell, who have stepped smoothly into the gap made by […]

TMP QD

Taken over by TMP for some £40m in July this year, QD is still regarded as the market leader in private practice legal recruitment. It turned over £16m last year, £11.5m of which was in legal, and placed nearly 80 partners. The most prolific mover of lawyers was Greg Abrahams, who personally found new jobs […]

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