DEAL OF THE WEEK – SOUTH AFRICAN BREWERIES

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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 […]

Recommended

Bogaert corners automotive market with partner hires

Landwell’s Belgian firm Bogaert & Vandemeulebroeke has taken on a team of three partners and seven associates from domestic law firm Buyle Dieryck Van Looveren Maingain The new hires give Bogaert pre-eminence in the niche automotive sector and make Landwell Belgian’s largest firm numerically with more than 150 lawyers.Buyle Dieryck name partner Wilfried Van Looveren […]

Mace & Jones appoints new chief from DLA

Mace & Jones has appointed DLA partner Norman Jones as head of its Liverpool commercial property team Jones has been a partner in DLA’s real estate group since 1985 and was a one-time member of its management board. His new team comprises 10 fee-earners. Mace & Jones now has 33 partners.

Eversheds advises Swinton Insurance

Eversheds has advised Manchester-based Swinton Insurance Group on its purchase of Colonnade Insurance Brokers for £27m The acquisition of Colonnade from parent group Provident Financial makes Swinton the UK’s biggest high street insurer, with 348 high street branches.Swinton was part of the Royal & SunAlliance group until it was acquired by French mutual MMA last […]

Deals summary

Berwin Leighton Paisner (BLP) (Simon Allen) acted for English Partnerships on the sale of the Millennium Dome to the Meridian Delta consortium, advised by Clifford Chance (Iain Morpeth). Holme Roberts & Owen (Kevin Conwick), with Herbert Smith (Patrick Robinson) and Denton Wilde Sapte (Simon Levine), advised Anschutz Entertainment, which will run the 20,000-seat arena that […]

Part-time pensions

Donna Moxham reports on the decision regarding part-timers’ pension schemes in Shillcock Pensions have been a relatively hot topic over the past year, with the advent of stakeholder pensions instigating a great deal of criticism of the entire pensions regime. The dual systems of state and personal pension arrangements is long due a complete overhaul. […]

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