Bloxham won’t appeal; Freshfields drops costs claim

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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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Integration push sparks CMS name-dropping row

CMS name-dropping row” />A rift over identity has broken out among the CMS network just weeks before its nine firms are due to vote on greater integration. The thorniest issue is whether firms should drop their individual names to be branded as just ‘CMS’. Managing partner of Italy’s CMS Adonnino Ascoli & Cavasola Scamoni, Pietro […]

Birmingham quartet sets up first pro bono clinic

Four of Birmingham’s top commercial law firms have joined forces to launch the city’s first pro bono clinic. The collaboration between DLA Piper, Eversheds, Hammonds and Wragge & Co, which was two years in the making, was announced last Thursday (15 November) to coincide with Pro Bono Week. Free legal services will be available to […]

Hogan attacked in ‘shock and awe’ ad

Hogan & Hartson was on the receiving end of a “shock and awe” advertising campaign last week, with a former client canvassing for others feeling short-changed by the Washington firm. The campaign, which featured in last Friday’s New York Times and other publications, asked: “Have you recently been represented by the law firm of Hogan […]

Beachcroft technology head quits for Eversheds

Beachcroft has lost its head of technology Nick Holland to rival firm Eversheds. Holland, who will join Eversheds as a partner in January, has quit Beachcroft to take advantage of Eversheds’ wider European offering. Eversheds head of technology Rex Parry said: “Nick advises suppliers of IT kit and his business is pan-European. He aims to […]

Pannone aims to break £50m turnover barrier

Pannone & Partners has announced 22 per cent revenue growth at the half-year stage, with income for the full year predicted to reach £52m. Total turnover was up to £25.9m in the first half of this year, up from £21.2m during the same period last year. During the 2006-07 financial year the firm saw a […]

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