FSA plans for higher legal costs as more rulings are challenged

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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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Nicholsons, Kirkpatrick tie the knot

The first transatlantic merger of the year is going ahead after partners at Nicholson Graham & Jones and Kirkpatrick & Lockhart voted through a tie-up. The merger goes live on 1 January 2005, creating a 950-lawyer firm spanning 10 US cities and London. It will be known as Kirkpatrick & Lockhart Nicholson Graham, with Kirkpatrick’s […]

A genuinely moving story

Partners are often quirky, unpredictable creatures. Sometimes they can’t be beat for their loveliness, other times their behaviour just seems wrong. Take this sad story. Recently a partner (Tulkinghorn is unable to name him for fear of violence) en route by cab with his assistant to the Royal Courts of Justice, asked whether his underling […]

Skadden shores up European M&A with Paris placement

Skadden Arps Slate Meagher & Flom has become the latest US firm to transfer a heavyweight partner to its Paris office in the form of senior corporate partner Blaine Fogg. M&A specialist Fogg is expected to move to Paris within the next week. A recognised leader in his field, Fogg, who has practised with Skadden […]

5

Wanted: law firm to sue the UK’s big five banks

How the banks have played the panel system and firms’ fear of conflicts – and destroyed client choice Research by The Lawyer indicates that any company that wants to sue one of the UK’s big five clearing banks will now find it virtually impossible to instruct a top law firm. A reluctance to accept instructions […]

Last Cawthra Feather

August saw the launch of Last Cawthra Feather’s (LCF) sports law team, an unconventional development for a regional firm made all the more unusual by the presence of former professional footballers-turned-consultants Jim Pearson and John Hendrie. The department, headed by Steven Lownsbrough, will handle national and international sports professionals and organisations. Pearson and Hendrie will […]

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