Clifford Chance loses another partner as Brock defects to Mallesons

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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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Nokia Siemens hires HP legal chief as general counsel

Nokia Siemens Networks (NSN) has hired Hewlett-Packard’s (HP) Europe legal chief as its general counsel. Joyce Norcini has left her role as HP’s general counsel for Europe, the Middle East and Africa and will join NSN on Monday (2 August). Norcini takes over from Sirpa-Helena Sormunen, who was installed as acting general counsel following the […]

Shoosmiths hires Halliwells team for Manchester corporate launch

Shoosmiths has continued the expansion of its Manchester office with the arrival of a three-strong corporate team from Halliwells. Partner Mark Dawson, who specialises in private equity investment, management buy-ins/buy-outs, and M&A, joins the firm alongside associates Karen Procter and Alex Laver. Shoosmiths chairman Andrew Tubbs said: “This recruitment is in line with the firm’s […]

Taylor Vinters joins forces with Keystone

Cambridge law firm Taylor Vinters has formed an alliance with Singapore technology specialist firm Keystone Law ­Corporation. The move comes shortly after the former’s London launch on 1 June. Taylor Vinters also has a relationship with another Singaporean firm, Engelin Teh Practice, which handles the firm’s litigation and arbitration issues in the country. According to […]

1

Eversheds staff bag £1K as firm achieves profit target

Eversheds will pay out a total of £2m in bonuses next month to all staff for the first time in two years. All secretaries, business services staff and non-partner fee-earners will receive a £1,000 flat bonus after the firm hit its profit target for the 2009-10 financial year. Eversheds’ profit margin fell from 21 per […]

2

China crisis?

The Chinese government has taken a tougher stance on direct foreign investment, but this hasn’t stopped BVI or Cayman vehicles being the most efficacious medium for doing so. By Greg Knowles  For many years now foreign direct investment into China has routinely been structured through holding companies incorporated in jurisdictions outside China, particularly in […]

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