Ashurst mid-year turnover up 7.5 per cent

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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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Clarke Willmott puts 40 jobs on the line

Clarke Willmott puts 40 jobs on the line” />Clarke Willmott has joined the growing number of firms putting lawyers under threat of redundancy. The Birmingham-headquartered firm, which also has offices in Bristol, Southampton and Taunton, said redundancies would affect up to 40 fee-earners and support staff across its network and that the consultation would “impact […]

Gibson Dunn snares Heller litigator Zweifach

Gibson Dunn & Crutcher has hired high-profile Heller Ehrman litigation lawyer Lawrence Zweifach for its New York office. Zweifach joins the US firm as a partner with Heller lawyers Richard Cashman and Eric Creizman, who join as of counsel and associate respectively. The move comes after Heller announced plans for dissolution earlier this year (www.thelawyer.com, […]

Gay and free?

During the downturn associates have some tough choices to make. To sit tight or move to an office in a busier jurisdiction? Which is an even tougher choice to make when you’re gay. During the downturn associates have some tough choices to make. Whether to invest in retraining or focus on core specialisms? How to […]

Nabarro’s revenues flat for first half

Nabarro‘s revenues flat for first half” />Nabarro has posted flat growth for the first six months of 2008-09, bringing in £64m in revenues. The practices that saw the most activity over the first half were restructuring and insolvency, financial services and commercial litigation while the greatest slowdown has been in transactional work in the core […]

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Hammonds begins lay-off talks with minimum 20 staff

Hammonds has entered redundancy consultations with at least 20 staff. Hammonds has entered redundancy consultations with at least 20 staff. The redundancies are expected across the corporate and real estate departments in all of the firm’s offices. Hammonds’ managing partner, Peter Crossley (pictured) said: “Unfortunately, difficult market conditions have made it necessary for us to […]

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