Ward Hadaway, Leeds and Hoyle: the long game

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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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Lawyers split over 42 day detention period

City lawyers are split over the extension of the pre-charge detention period to 42 days which was narrowly passed in the House of Commons on Wednesday. Expressing his personal opinion, not that of the firm, Clifford Chance London litigator and pro bono partner Michael Smyth said: “I think my professional body, the Law Society got […]

Amanda Doyle: Orange

Orange’s vice-president for legal and regulatory Amanda Doyle is reviewing her panel. Kit Chellel finds out who the favourites are.

Profit by loss

De-equitisation as a means to achieving greater profit per equity partner may be a common tactic in today’s legal market – but firms must not underestimate the potential hidden costs, warns Colin Ives.

Doughty Street targets two senior juniors

#Doughty Street Chambers has ramped up its immigration and public law offering with the hire of senior juniors from Matrix and Tooks chambers. The set snapped up Matrix barrister Charlotte Kilroy, who was called in 1999, shortly after 16-year call Tooks immigration and public law specialist Judith Farbey joined. Doughty Street joint chambers head Keir […]

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Debt buybacks row rages, LMA to negotiate

US AND magic circle partners are continuing to debate the issue of debt buybacks as the Loan Market Association (LMA) prepares to amend its documentation. The LMA said it will amend its primary facility agreements to provide options for the lender and borrower to negotiate whether debt buybacks should be permitted. The association says buybacks […]

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