Hannes Snellman reports double-digit profit recovery

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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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1COR bags four clinical negligence experts

With top sets growing in size to improve financial security, 1 Crown Office Row (1COR) has hired four tenants, including leading clinical negligence silk Elizabeth-Anne Gumbel QC. Henry Witcomb joins with Gumbel from 199 Strand. The pair have been involved in 15 child abuse group actions. The others are Christina Lambert and Andrew Kennedy, both […]

Grupo Torras ruling to decide on Caymans’ link with UK law

A Privy Council hearing next month in the Grupo Torras case – one of history’s longest fraud cases – could result in the UK’s overseas and Commonwealth territories gaining greater independence from UK parliamentary rule. The court will decide whether bankruptcy laws in the Cayman Islands – where the Grupo Torras case is being heard – which […]

The panel system as a defence tactic

Our front page story this week highlights an issue which goes to the heart of the debate on conflicts: client choice, or in this case, the lack of it. As our research shows, corporates or financial institutions which want to take on the UK’s major banks have precious little choice of legal advisers available to […]

13 Old Square takes on fourteen new tenants

The new chancery set 13 Old Square, headed by former political speechwriter John McDonnell QC, has hired 14 tenants. The list includes Edward Bartley-Jones QC, who will work part time from 13 Old Square while continuing to head the commercial and chancery departments of Exchange Chambers in Liverpool. Former Clyde & Co lawyer Adam Chichester-Clark […]

DLA hits DWS with mass raid on TMT group

DLA is set to deliver a devastating blow to Denton Wilde Sapte (DWS) after securing over 40 lawyers from the firm’s flagship technology, media and telecommunications department. It is understood that 11 DWS partners, headed by Simon Levine and including sports law star Mark Gay, are defecting to DLA and are taking with them a […]

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