Beachcroft dumps Wansboroughs for LLP switch

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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 […]

Recommended

Revenue per barrister drops at Seven Bedford Row

Civil and criminal set Seven Bedford Row is celebrating a nine per cent income increase – but revenue per barrister has dipped below the £200,000 mark after a hiring spree. The set’s turnover rose to £15.3m in 2006 from £14m last year, but with 77 members including 18 silks, average revenue per barrister dropped to […]

Expansion costs to top £326m as City firms boost headcounts

City law firms could face a collective refurbishment bill estimated at £240m if expansion plans to take on an additional two million sq ft of office space over the next three years come to fruition. The office refurbishment and fit-out costs estimated at £240m leap further to £326m if rental costs are also taken into […]

Deals comment

Just when the merger of bookstore chains Waterstone’s and Ottakar’s looked set to go ahead, Tim Waterstone put a spanner in the works with an offer to buy Waterstone’s from HMV. The £280m offer from the business’s founder has been rejected by shareholders, but it was a scare that Simmons & Simmons could have done […]

Lawyers show their lengths

Bill Richards, senior partner of Lawrence Graham, and Simon Johnson, his opposite number at Nabarro Nathanson, were both recently spotted doing lengths in the RAC’s swimming pool. Is this the key to the property firms’ success?

Perk of the job

When it comes to insurance, if you’re not in EC3 then you’re nowhere. One insurance-minded US firm’s partner was recently bragging to Tulkinghorn about his networking prowess. “On any given morning I can meet at least three clients in the coffee shop across the road,” boasted the partner. “Thank God for coffee, though. It means […]

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