Bell & Scott absorbs Clairmonts

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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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Nomura faces familiar foe on £7.5m trader bonus suit

Niche litigation firm Ferguson Solicitors is embarking on another high-profile case against Nomura, six years after representing trader Steven Clark in his breach of contract claim against the Japanese investment bank. Founding partner Charles Ferguson is acting for Luis Marti-Sanchez, a bond trader who is suing Nomura for £7.5m. Marti-Sanchez is alleging that Nomura breached […]

Pop stars need not apply

Proof that lawyers really do like to read the small print arrived last week when an anonymous lawyer called to point out what appeared to be a typo. The ‘mistake’ was in the EJ Legal ad on page 53 of the 21 August issue. In an advert for commercial property lawyers, the copy reads: “This […]

P&O’s Gradon and Simm walk the plank

Other lawyers who will be receiving bonuses of a different kind were P&O lawyers Michael Gradon and Iain Simm. Both were made redundant following DP World’s epic takeover of P&O. Gradon was legal and commercial affairs director at P&O, a company he served for 20 years, while Simm was general counsel at P&O Ports. Gradon, […]

Summer shake-up

While the summer break meant holidays for many on this side of the Atlantic, things just kept getting busier in the US lateral hire market. First Winston & Strawn ramped up its energy practice with the hire of three star partners from White & Case following the official closure of the latter’s San Francisco office […]

Trust in the system

The trust arena is on the brink of change in Switzerland, with a new bill waiting for parliamentary approval. By Filippo Noseda The Swiss government’s bill on trusts is currently being debated in the Swiss Parliament. Released on 5 December 2005, the final version of its bill was approved by the Upper House without reservations […]

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