Yukos fails to stop Rosneft IPO but will appeal

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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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Lovells rebuilds private equity with White & Case raid

Lovells has raided White & Case as the City firm attempts to rebuild its private equity practice following the departure of star partner Marco Compagnoni and his team earlier this year. Partner Alan Greenough is set to join Lovells in the autumn to succeed Compagnoni as the head of the firm’s private equity practice. Partners […]

Home win

The World Cup Final: what a game, what a day, what a load of lawyers with blagged tickets. Slaughters’ Nigel Boardman was there, as was Latham’s Andrew Moyle. But what Tulkinghorn really wanted to know was the state of any Italian lawyers who’d either made the game, or even watched it on telly, the day […]

Watson Burton sets up shop in Gherkin

North East rising star Watson Burton has chosen its new London premises. North East rising star Watson Burton has chosen its new London premises. The firm will be based at the Swiss Re building, more commonly known as The Gherkin, choosing the London landmark over another shortlisted property on New Broad Street. The firm will […]

Hammonds swoops on EDF for partner hire

Hammonds has strengthened its energy and utilities group with the hire of EDF Energy in-house lawyer Adam Langridge who will join the London-based team as a partner later this month. Langridge was principal solicitor at EDF Energy’s in-house team advising on energy corporate and commercial matters. His start date has not yet been finalised, although […]

Lovells snubbed as HgCapital turns to Clifford Chance and Weil Gotshal

HgCapital has dropped longstanding adviser Lovells in a shake-up of its legal panel following the raft of recent top-level movements between UK and US firms. The private equity house’s chief investment officer Frances Jacob confirmed that Clifford Chance and Weil Gotshal & Manges had replaced Lovells on its panel following the departures of star partners […]

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