Eversheds’ clients enhance billing system

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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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Nabarro hires Dechert real estate head

Nabarro has made a significant hire in its property group, poaching Dechert‘s UK real estate chief Ciaran Carvalho. Carvalho will joins Nabarro’s property group as a partner, having served as head of real estate at Dechert for six years. Nabarro senior partner Simon Johnston said: “Ciaran has a fine reputation and is a well-known and […]

Top five UK law firms increase hold on M&A work as recession deepens

Small and mid-size legal teams given short shrift as downturn prompts ‘flight to quality’. UK companies are flocking to the magic circle for corporate advice as the recession bites, according to half-year figures for deal activity. Data from Thomson Reuters shows that the top five firms have tightened their grip on a shrinking M&A market, […]

5

Tulkinghorn: cock au vin

The words Gleneagles Hotel conjure up images of a rarefied atmosphere, fine dining and expensive whiskies drunk in crystal glasses by a roaring fire. Not an ex-lawyer’s genitals. But this Christmas hotel guests were treated to an impromptu sexual display from former Dickson Minto property partner Philip Anderson. Eyewitness reports from the hotel’s Deseo restaurant […]

1

The winds of change

I don’t want to get too apocalyptic for this first issue of 2009, but it’s increasingly clear that the golden age enjoyed by the UK commercial legal profession has been brief. These are not going to be a comfortable few years for anyone. Still, as at least 17,000 lawyers mentioned to me last year, with […]

A&O, McDermotts under orders to gauge BlackBerry IP case costs

A High Court judge has ordered Allen & Overy (A&O) and McDermott Will & Emery to estimate their costs before an intellectual property (IP) trial, showing judicial unease over the cost of UK litigation. The firms will have to disclose how much they intend to bill clients BlackBerry manufacturer Research in Motion (RIM) and tech […]

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