Freshfields reports 18 per cent half-year growth

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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 […]

Recommended

Gibraltar: non-doms

Any change to the status quo regarding the taxation of non-domiciled UK residents will provide countries such as Gibraltar with an opportunity to cash in, says Joey Garcia Much has been commented on the UK’s opposition Conservative Party seeking and promising to impose a flat tax rate of £25,000 on the so-called ‘non-doms’ – people […]

Cravath whips up bonus storm

For once, it wasn’t the money that surprised the market; it was the timing. Last Tuesday (30 October), New York’s bluest of blue-blood firms broke the trend for end-of-year bonus reporting by announcing its 2007 associate bonuses in October. Cravath Swaine & Moore: Junior lawyers win ‘special’ bonus early For once, it wasn’t the money […]

3i takes new general counsel from GE

Private equity firm 3i has snared General Electric (GE) senior managing director Kevin Dunn to take up the post of general counsel following the planned retirement of its general counsel Tony Brierley. Dunn, who joins the LSE-listed group today will be responsible for the group’s legal, compliance and internal audit functions and will oversee a […]

Jersey: fraud

Recovering assets through the criminal courts can be a tricky business. Stephen Baker reports on how Jersey’s civil courts are about to get busier as new confiscation legislation comes into force In June 2004, Jersey received a visit from President Obasanjo of Nigeria. His visit was for the purposes of thanking the island authorities for […]

Firm profile: Corren Troen

After Martinis at the top of the Sears Tower in Chicago in 2003, Paul Corren and Per Troen, then partners at Osborne Clarke , decided to go it alone. They opened up their boutique outfit Corren Troen in London and the firm has since grown to 16 fee-earners off the back of their contacts and […]

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