Walker Morris victorious in Bradford City FC case

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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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Howard Flight legal team primed to injunct Tory leadership

The legal team advising rogue Conservative Howard Flight will tomorrow decide whether to launch an injunction against Michael Howard if the party leader decides to press on with moves to deselect Flight.Former Gouldens partner and an existing Jones D… The legal team advising rogue Conservative Howard Flight will this morning decide whether to launch an […]

Osborne Clarke partners rejoice after war on costs wipes out £9m debt

Osborne Clarke has wiped out almost £9m in debt after two years of tight financial management. The Bristol-based firm was £8.8m in debt at the end of the 2002-03 financial year following a period of aggressive expansion and heavy investment in staff. However, a cost-cutting and financial management initiative headed by managing partner Simon Beswick […]

EDF chooses Lovells to advise on credit facility

Lovells’ Paris office has acted for Electricite de France (EDF) on a new credit facility, underlining the power of the borrowers in the European loan markets. At e6bn (£4.17bn), the multi-currency revolving credit facility is one of the largest in the market. EDF is the latest in a growing number of borrowers to refinance its […]

Jubilee Line fraud: the end of the line for trial by jury?

“We had invited the judge to address case management issues from the outset. If this is going to be used to bash juries it would be a travesty, because there’s nothing wrong with the jury system,” says Brian Spiro, Burton Copeland partner and defence lawyer on the collapsed Jubilee Line fraud trial. Yes, Spiro has […]

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