Cracks show as crunch hits firms’ half-year figures

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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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Dentons turnover up 6 per cent at half-year

Denton Wilde Sapte has grown turnover by six per cent for the first six months of 2008-09 to hit £78.3m. The firm made £74.1m during the same period for 2007-08, which was a 10 per cent hike on 2006-07. Chief Executive Howard Morris (pictured) said: “This is a solid result given the current level of […]

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Tree for all: Ruth Daniels, The Generations Network

As the international vice president of legal for genealogy website The Generations Network, Ruth Daniels is relishing the challenge of new markets, she tells Tom Phillips The hit BBC programme Who Do You Think You Are? – which sees celebrities delve into the lives of their ancestors – has struck a chord with ­amateur genealogists […]

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Davis Polk, Kirkland, Simpson Thacher line up for election scheme

A trio of US elite firms are working pro bono to answer questions from US voters during the election. Lawyers from Davis Polk & Wardwell, Kirkland & Ellis and Simpson Thacher & Bartlett will be manning the phones to address questions and concerns from the electorate as part of the Election Protection scheme, which is […]

Birds of a feather

Now that Bird & Bird has arrived in the country, Finland’s legal sector has the chance to show it can keep company with the big boys. Their people may be known as some of the quietest in Europe, but the Finnish legal market has had plenty to shout about over the past 10 months. Not […]

Cobbetts, Halliwells go in search of further cuts

North West firms Cobbetts and Halliwells have launched further redundancy consultations as they seek to cut costs in the face of a looming recession. Cobbetts is reviewing 28 support staff jobs, taking the potential number of redundancies at the North West firm since the start of the economic downturn to 69. Some 20 secretaries are […]

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