Freshfields director quits as finance teams merge

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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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Simmons targets banks, energy in litigation drive

Simmons & Simmons partners have given the go-ahead to a major push on its international dispute resolution practice in a bid to attract big-hitting clients from the banking and energy sectors. The global partnership-endorsed objectives also include significantly expanding its offices in Germany and Spain during the next year and exceeding a profit per equity […]

Donns has date with Destiny in wake of Clementi review

North West personal injury (PI) firm Donns has become the first client of a brand new legal services management company. Destiny Legal Services has been launched to help law firms modernise in the wake of the Clementi review, providing a range of services such as case handling infrastructure, IT and HR support. Destiny chief executive […]

M&A world braced for litigation wave

Corporate lawyers are bracing themselves for a sweeping overhaul of the M&A world, with the Takeover Panel set to become a statutory body next year. The Department of Trade and Industry released a white paper earlier this month that sets out comprehensive reform of the Company Law Bill, including plans to make the Takeover Panel […]

Separated at birth

Is it just a coincidence that a corporate finance star who goes by the name of ‘Colin Davenport’ has decided to join a Manchester firm called ‘Berg’ Legal? A strange similarity of face, a four-letter word beginning with ‘B’? How many clues do you need? “My fellow Manchesterians,” said Davenport (allegedly) on joining, “we look […]

Reits get the green light from Brown

Commercial property lawyers across the City are breathing a sigh of relief after Chancellor Gordon Brown confirmed the introduction of real estate investment trusts (Reits) for the UK in his Budget today (22 March). Reits, which have been successful in Australia and the US for a number of years, will be introduced from January 1, […]

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