Dentons launches partner alternative

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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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Cravath whips up bonus storm

For once, it wasn’t the money that surprised the market; it was the timing. Last Tuesday (30 October), New York’s bluest of blue-blood firms broke the trend for end-of-year bonus reporting by announcing its 2007 associate bonuses in October. Cravath Swaine & Moore: Junior lawyers win ‘special’ bonus early For once, it wasn’t the money […]

1

Slaughters boosts associate salaries

Slaughter and May boosted its associate and trainee pay last week, making its lawyers among the best paid in the City. Traditionally, the top 10 firm conducts biannual pay reviews and last week’s rises come just six months after Slaughters followed other firms by improving associate and trainee salaries. Slaughters associates across all PQE bands […]

A&O, Herbies take on TFL Metronet bid

Allen & Overy (A&O) and Herbert Smith are playing key roles in Transport for London’s (TfL) bid for Metronet Rail. Under advice from Herbert Smith head of projects Nicholas Tott and corporate recovery chief Kevin Pullen, TfL has lodged a formal takeover bid for Metronet, a consortium that failed while upgrading two-thirds of the London […]

Outer Temple breaks new ground in Middle East

Outer Temple Chambers is to become the first barristers’ set to have a physical presence in the Middle East with a launch in Abu Dhabi next Monday (12 November). The 64-barrister set’s annexe, which will be in the centre of Abu Dhabi, will act as a hub for its commercial and regulatory work in the […]

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Clifford Chance set to launch gay network

Clifford Chanceset to launch gay network” />Clifford Chance is setting up a lesbian, gay, bisexual and transgender (LGBT) network just months after settling a sexual orientation discrimination claim from former competition partner Michael Bryceland. Gay rights advocacy group Stonewall called the firm’s LGBT policy into question and requested a meeting with the magic circle firm […]

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