Freshfields and Hammonds advise on Pearson’s Melorio bid

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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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Kennedys pulls a U-turn on lawyer bonuses

Kennedys is to pay bonuses at the financial year-end after telling lawyers last year that they would no longer receive the package. In March 2008 staff were told that the salary enhancement scheme would be abandoned at the 2009-10 year-end in favour of a salary rise for all. At the time senior partner Nick Thomas […]

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Slaughters halts ‘Viking raider’ with High Court assets freeze

SLAUGHTER and May has secured a High Court freezing order against the assets of Jón Ásgeir Jóhannesson, the former executive ­chairman of retail investor Baugur, on behalf of Icelandic bank Glitnir. Partner Deborah Finkler was instructed by the resolution committee of the Icelandic bank to secure the freezing order against its one-time principal shareholder, who is also facing a $2bn (£1.38bn) claim from […]

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Source of Doubt

The experience of CMS Cameron McKenna is a lesson for anyone who assumes that reorganisation of business processes can lead us to the sunlit uplands. The week before last (14 May) TheLawyer.com reported that Camerons was preparing for a £600m outsourcing deal with Integreon that could involve all business services. Camerons is by no means […]

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Stepping down

As Freshfields’ co-senior partner prepares to take his leave, he puts on his salesman’s hat to highlight the firm’s successes and spell out thechallenges for the future Senior partners are there for the spirit of the firm,” says ­Konstantin Mettenheimer in one of his archetypal flights of esoteric fancy. If that’s true, then Freshfields Bruckhaus […]

Bakers managing partner to focus on profit

Baker & McKenzie London managing partner Gary Senior has been reelected for a third term. ­Corporate lawyer Senior first took on the managing partner role in 2003 and is nearing the end of his second three-year term. His third term will begin in September. Going into his second term in 2007 Senior said growth in […]

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