US firms keep power at home

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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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Partner of the Year

Peter Charlton, Clifford Chance 2nd place: Vanni Treves, Macfarlanes3rd place: John Young, LovellsShortlisted: Andrew Harrison, Wragge & Co; Jacky Kelly, Weil Gotshal & Manges; Charles Wood, Denton Wilde SapteThe winner of the Partner of the Year Award, sponsored by Hughes-Castell, goes to Clifford Chance London managing partner Peter Charlton. Despite being rebuffed for the second […]

Sinfield is latest to make DAC exit

Nicholas Sinfield has become the latest Davies Arnold Cooper partner to quit the firm Sinfield, the former head of the insurance services and corporate risk teams, has left, with no information about his employment whereabouts.Sinfield had been on sabbatical for the past two months. He indicated to the partnership that he wished to resign in […]

A&O acts for UBS Warburg on Sainsbury securitisation

Allen & Overy (A&O) has advised UBS Warburg as the lead manager on British Land Company’s £575m securitisation of J Sainsbury’s supermarkets. The deal comes on the back of British Land’s prestigious Broadgate office development in the City, launched in April 1999. In that transaction, A&O advised Morgan Stanley as the lead arranger.The firm’s relationship […]

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