Eversheds scores Glisten as client over Hammonds

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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 targets top clients to thwart profit slowdown

Denton Wilde Sapte is targeting top clients including Virgin, Royal Bank of Scotland (RBS), Shell and London Electricity for more work as part of a firmwide review to raise profits. It is also pushing departmental heads to raise group profits any way they can after a disappointing financial year.In 2001/02, Dentons’ profits per partner rose […]

Constants launches new Piraeus practice

Shipping specialist Constant & Constant has opened an office in Piraeus, Greece, a move attributed in part to the decline of entrepreneurial shipping activity in the UK It follows Constants’ loss of its Paris and Le Havre offices to Ince & Co last December.The firm has had contacts with the Greek community since 1911, when […]

Lincoln's Inn compromises with tenants in rent rise row

After months of dispute and the threat of further court action, some 30 chambers and their landlord Lincoln’s Inn have forged an agreement over rent rises.Lincoln’s Inn has been attacked for trying to increase rates by 80 per cent, way above the rates of other Inns and even the price of commercial leases in the […]

Gunderson axes eight associates

West Coast firm Gunderson Dettmer Stough Villeneuve Franklin & Hachigian has axed eight associates in its second round of layoffs The cuts represent a 9 per cent reduction, taking the total number of associates to 82.New recruits take the strain as six of the cuts come from the 2001 autumn intake of associates.Gunderson laid off […]

Equant Group legal chief defects to SJ Berwin

SJ Berwin has hired Equant Group’s chief counsel for western Europe Maurice Murphy for its commercial department. Murphy has spent the last 10 years in the telecoms industry working for companies including National Grid, Energis, Mercury Communications and Bell Cable Media. Murphy is an Irish-qualified barrister and will be made up to partner at SJ […]

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