Eversheds restructures litigation set-up

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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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Bakers partner joins Barclays Wealth

Baker & McKenzie private banking partner Jonathan Burt has joined Barclays Wealth as a senior wealth adviser. Burt will join the offshore and private banking arm of the financial service powerhouse in January 2008. The former Bakers’ partner was based in the City office for seven years where he focused on private banking. Barclays has […]

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Legal Services Bill gets House of Lords’ blessing

The Bar Council and Law Society welcomed the House of Lords’ approval of the Legal Services Bill last Thursday (25 October). Law Society president Andrew Holroyd said the bill, once it receives Royal Assent later this week, will create a foundation for the future of the legal profession. “The Legal Services Bill has changed much […]

St Phillips chief exec stands down

Birmingham-based set St Phillips is to lose its chief executive Jonathan Fox at the end of this year for personal reasons. The set has not as yet found Fox’s replacement, but it has more than 50 candidates for the post already, with the application deadline closing at the end of this month. One senior barrister […]

Slaughters dishes out associate pay rises

Slaughter and May has boosted its trainee and newly qualified pay, now offering one of the most generous packages of UK-headquartered firms. Slaughters’ trainees will now be paid £38,000 for their first seat and £43,000 for their second, a rise of over 5 per cent. Meanwhile, its newly qualified (NQ) lawyers will now take home […]

Fladgates, Dorsey seal TV company tie-up

Fladgate Fielder has acted for television production company Twenty Twenty Television on its acquisition by AIM-listed Shed Media. The latter was advised on the deal by Dorsey & Whitney corporate finance partner Mark Taylor. The team acting for Twenty Twenty, a longstanding client of Fladgate Fielder, was led by corporate partner Anthony Vaughan. He said […]

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