Flint Bishop & Barnett equity rejig sees PEP breach £500K

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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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Mourant raids Guernsey rival following split

Jersey-headquartered Mourant du Feu & Jeune has bolstered its growing Guernsey office with the hire of equity partner John Lewis from local rival Collas Day following its split earlier this year. Lewis has been with Mourant for two weeks, bolstering the firm’s Guernsey office, which opened in January 2006, to three partners. Guernsey’s Collas Day […]

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Judge slammed by Appeal Court after Addleshaws spat

Mr Justice Peter Smith was slammed by the Court of Appeal today (4 July) for marring his judgment with his personal feelings in a recusal application. The case of Howell v Lees-Millais was due to be heard on 28 June but the law firm Addleshaw Goddard, whose head of the private client group Paul Howell […]

Understanding their motivation helps retain staff

Attracting good people is, of course, a major priority for law firms, but the real challenge is keeping them. The first step is to understand what motivates people, and financial incentives seem to be moving down the pecking order and are being replaced with a very clear idea among employees about the types of environment […]

Maclays pleased with 12 per cent growth

Maclay Murray & Spens has unveiled significant increases in both turnover and profit in its annual results for 2006/07. Turnover at the 72-partner firm rose 12 per cent to £54.3m, up from last year’s record £48.3m. Average profit per equity partner (PEP) is yet to be finalised but is expected to be around £315,000, also […]

SABMiller nets Lovells relationship partner

Lovells equity capital markets partner Stephen Jones will quit the firm to take up an in-house post at longstanding client SABMiller. Lovells corporate partner Stephen Jones will quit the firm to take up an in-house post at longstanding client SABMiller. Jones has advised SABMiller for the past 15 years, with a career highlight coming in […]

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