Guernsey and Jersey firms to form first inter-island alliance

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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

Lawrence Graham reviews network

Lawrence Graham is reviewing its network of European law firms, Associated Business Lawyers in Europe (Able). Martyn Gowar, senior partner of Lawrence Graham, says: “We are reviewing our relationship and will be reporting to our firms in due course.” The London law firm has drafted in a management consultancy to prepare a report on the […]

Freshfields prompts Euro court change

A case brought by Freshfields challenging a European Commission ruling is prompting procedural changes to how the European courts handle commercial cases. The firm’s client, RJB Mining, challenged the way the Commission awards mining subsidies. Since the case was heard in the Court of the First Instance of the European Communities in Luxembourg, a white […]

Fee incomes and profits slowdown sends warning signal to law firms

Despite firms recording bumper fee incomes, a report reveals worrying trends. Ryan Dunleavy reports. Ineffectual managment and clients demanding lower fees and better service are beginning to affect law firm profitability, according to a survey published by The Lawyer and PricewaterhouseCoopers. The underlying trend for law firms’ profits and fee income shows that increases have […]

Technology, Media and Telecommunications

Norton Rose advised UK company Internet Technology Group (ITG) on a £146m takeover offer by California-based Concentric Network. ITG shareholders will receive a combination of cash and Concentric shares valuing each ITG share at 253p. Barbara Stephenson (pictured), corporate finance specialists partner worked on the deal with assistants Ed Lukins and Paul Whitelock. Slaughter and […]

Technology, Media and Telecommunications

McGrigor Donald represented DX Communications on the £42m sale of its retail operations, comprising 140 stores, to BT Cellnet. BT Cellnet already holds a 26 per cent stake in DX Communications, which it acquired in 1996. Property partner Mark Johnstone and property assistant Ian Gilmour, both at McGrigor Donald, acted for DX Communications. Lovell White […]

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