Cobbetts to cut 40 jobs

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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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Davis Polk, Skadden, Sullivan in Citi’s Wachovia buy

Davis Polk & Wardwell, Skadden Arps Slate Meagher & Flom and Sullivan & Cromwell have scored lead roles on Citigroup’s acquisition of Wachovia’s banking operations. Partners John Ettinger and Phillip Mills are leading a Davis Polk team advising Citi, while Sullivan & Cromwell chairman Rodgin Cohen is leading a team advising Wachovia on its $10m […]

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Speaking your language

The SRA’s Liz McNaulty is right when she says that many straight-A students can’t write properly these days, says BPP Law School chief Peter Crisp – and it matters. Words are the dominant and most powerful tool of the trade for a lawyer. The ability to articulate an argument, draft a pleading or write an […]

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City trio bag roles on Bradford & Bingley rescue

Ashurst, Herbert Smith and Slaughter and May have been handed leading roles in the rescue package for Bradford & Bingley. After a weekend of emergency negotiations, it was agreed that Spanish bank Santander will take over B&B’s savings business and branches while the £50bn lending business will be nationalised. Herbert Smith corporate head Michael Walter […]

SJ Berwin hires Beiten Burkhardt property chief

SJ Berwin has boosted its German property practice with the hire of partner Hans Thomas Kessler, director of real estate at Beiten Burkhardt. Kessler is understood to be bringing a team of associates, although SJ Berwin is still in negotiations as to how many. Senior partner Jonathan Blake said the appointment was “good news” for […]

Mills & Reeve eyes UK top 30 place with new four-year plan

Mills & Reeve has embarked on an aggressive four-year plan in which it hopes to buck the downturn and boost turnover by 60 per cent from the present figure of £62.5m. Mills & Reeve eyes UK top 30 place with new four-year plan” />Mills ;& ;Reeve ;has embarked on an aggressive four-year plan in which it hopes to […]

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