ABN Amro wins permission to sell LaSalle

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Latest Briefings

Policies for streamlining operations of PSCs

On 18 July 2018, the Cabinet Committee on Economic Affairs approved policy framework for streamlining operations of production sharing contracts (PSCs) for increased domestic production of hydrocarbon resources (Policy). By way of background, the Government of India had awarded 28 exploration blocks (13 offshore and 15 onshore) to private companies between 1980. This was prior […]

Amendments to IBBI Regulations, 2016 – CIRP Regulations

By Ashwin Bishnoi, Shruti Singh, Charu Chitwan The Insolvency and Bankruptcy Board of India (IBBI) notified the IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2018 (Amendment Regulations) on 4 July 2018 to amend the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations) for the third time this year. Primarily, the […]

Why Offshore for Fintech?

Fintech is changing the way banking and financial services businesses are operating at an incredible pace. There are many challenges and opportunities that face financial institutions, business, investors and start-ups. As with much new technology, the speed of change frequently outstrips the legal and regulatory landscape and fresh approaches are often required to adapt. With […]

Cayman Islands investment funds – Changes to the AML Regime

A number of significant changes to the anti-money laundering regime applicable to Cayman Islands investment funds were introduced towards the end of 2017. The key changes are: • Unregulated investment funds will be subject to the Anti- Money Laundering Regulations, 2017 (as amended, the “AML Regulations”) from 31 May 2018 • The Cayman Islands Monetary […]

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Acting up

Can London defend its position to act solely on an arbitration, or can a party break the agreement and switch to an EU member state if it is more favourable to its cause? Roger Hopkins and Ben Horn report Parties opt for arbitration for a variety of reasons. First and foremost they make a decision […]

Paul Hastings raises London NQ salaries to £90k

US firm Paul Hastings Janofsky & Walker has matched Weil Gotshal & Manges by upping its London newly qualifieds’ salary to £90,000. London NQs at Paul Hastings have benefitted from a 20 per cent rise in base salary in the move, which London managing partner Mark Eagan defined as an attempt by the firm to […]

Which bash was bosh?

The hottest ticket at the bar last week was the Matrix summer party, where Tulkinghorn was hoping to hang out with Cherie and sneak some info about the new Alastair Campbell diaries. But alas, it was difficult even to get a foot in the door. The bash, at the Walks in Gray’s Inn Gardens, saw […]

Bakers rolls out rewards for bumper UK results

Baker & McKenzie has introduced a bonus scheme worth £2m to reward all UK staff following a strong year for profit. The firm’s unaudited figures for the 2006-07 financial year show that UK net profit rose by 18 per cent on the previous year’s figure to £35.1m. On the back of this the firm has […]

BLG’s corporate losses mount as AIM partner quits for Stikeman

Barlow Lyde & Gilbert (BLG) corporate partner Jonathan Deverill is joining the London office of Canadian firm Stikeman Elliot. Deverill’s hire takes Stikeman up to six partners in London and 16 lawyers in total. Deverill’s practice focuses on AIM listings and M&A. Stikeman London managing partner Derek Linfield said: “Jon’s coming in as a partner […]

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