Baltic firm Sorainen bolstered by raid on rival

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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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Freshfields beats Linklaters in M&A rankings

Freshfields Bruckhaus Deringer has knocked magic circle rival Linkaters off the top of the European M&A rankings. According to Thomson Financial’s third quarter league tables, Freshfields moved into pole position after advising on 211 announced deals involving any European involvement worth $323.8bn (£171.4bn). Linklaters, which topped the third quarter rankings in 2005, slipped down one […]

Norton Rose Islamic finance star joins Al Salam Bank

Bahrain’s Al Salam Bank has appointed rated Norton Rose Islamic finance associate Mohammed Paracha as its first general counsel. Paracha, 29, was Norton Rose’s senior Islamic finance associate, covering the Gulf states, Iran, Syria and Kazakhstan after moving to the Bahrain office in 2004 from London. Despite the loss of one of its brightest stars, […]

Sungard in hunt for Asia general counsel

Software company Sungard is looking for a senior lawyer to run its Asia-Pacific legal team after revealing plans to grow and acquire technology companies in the region. The general counsel position for Asia is a newly created role. Howard Wallis, general counsel for Europe, the Middle East and Asia, currently oversees transactions in Asia. Last […]

Ashurst leads Shard of Glass financing

Ashurst led the multi-firm team that secured a £196m financing for proposed London landmark building the ‘Shard of Glass’. The 310m London Bridge Tower, known as the Shard for its unique architectural design, will be home to a Shangri-La Hotel, along with office and residential space. Ashurst, led by real estate partner Gary Watson, acted […]

Old Square celebrates landmark ECJ ruling

Old Square Chambers played a high-profile role in the key equal pay case initially brought by Bernadette Cadman that was decided by Europe’s highest court yesterday (3 October). The European Court of Justice (ECJ) ruled that additional years of service – in this instance, of a male employee who did not take time off to […]

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