Eversheds wins court victory for Dupont

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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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Hextalls installs employment law chief

Hextalls has promoted Julian Cox to head its employment law team. Cox has more than 10 years’ experience as an employment law specialist both in-house and in private practice. He joined the firm in March 2006. Hextalls chief executive Dominic Lang said he expected the employment practice to continue to grow. “Employment law is constantly […]

CC advises arrangers on giant Norilsk mining deal

Clifford Chance has scooped the lead role on its second mega-deal in the past three months, advising on the financing of Norilsk Nickel’s acquisition of LionOre Mining International. The firm advised lead arrangers BNP Paribas and Société Générale on the $6bn (£2.95bn) loan to fund the acquisition of the Russian nickel giant. The deal comes […]

Forsters aids Center Parcs with new site

Forsters has advised holiday village operator Center Parcs on its successful appeal to build a new holiday village near Woburn, Bedfordshire. Initially Mid-Bedfordshire District Council refused permission for the village, which is to be built on a site comprising 365 acres of green-belt land. A four-week public inquiry was held in March and the decision […]

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Lord Chief Justice fights Govt’s judiciary intrusion

The Lord Chief Justice Lord Phillips has called on the Government to stay away from the selection of judges in the wake of ‘The Governance of Britain’ green paper published by the Ministry of Justice (MoJ). In a wide-ranging speech on judicial independence, Phillips told the Commonwealth Law Conference in Nairobi that the shake-up of […]

Devonshires ushers in new era with hire of corporate chief

City firm Devonshires has a new head of corporate in the shape of Jonathan Ebsworth, who was previously a partner at Bates Wells & Braithwaite. The move is part of a push by Devonshires to raise the profile of its corporate group generally in the market and specifically among its social housing client base. Ebsworth […]

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