Bovis Lend Lease faces discrimination action

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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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XXIV Old Buildings aims to raise its Chinese profile

XXIV Old Buildings has devised a five-year plan to raise its profile among ­Chinese law firms after the lengthy Danone/Wahaha dispute showed there is a place for the bar on ­disputes between Eastern and ­Western companies. In the arbitration, which took place in Stockholm – which has positioned itself as a neutral jurisdiction where Chinese and Western […]

1

Speechly Bircham files High Court claim over unpaid fees

Speechly Bircham is the latest firm to launch a High Court claim against a client for unpaid fees. According to the claim form, which was filed in March, Chesterman Capital, a company set up to sponsor and operate collective investment schemes, owes the firm £37,000. The outstanding bill was built up between March 2007 and April 2009 […]

Freshfields pinpoints referral firms ahead of upturn

Freshfields Bruckhaus Deringer has started informal talks with ’two or three’ national firms about establishing a referral framework to improve efficiency ahead of an uptick in dealflow. Discussions are already believed to be underway with Bristol firm TLT Solicitors, while the magic circle firm also confirmed that it would not enter into relationships with more […]

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Mayer Brown courtship of Simmons founders

US giant undeterred by failed talks as search for City ally continues Mayer Brown has been in secret merger talks with Simmons & Simmons as the Chicago-headquartered firm looks at ways of bolstering its dwindling presence on the UK side of the Atlantic. It is understood that the two firms held talks, which have now […]

Howard Morris

Partners at Dentons and Sonnenschein say yes to merger

Partners at Sonnenschein Nath & Rosenthal and Denton Wilde Sapte have voted in favour of the firms’ planned merger. The two firms will join forces on 30 September 2010 to create a £500m business with 1,400 lawyers worldwide. Management at both firms asked their respective partnerships to vote for the union today. They required a […]

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