In brief: Employment lawyers lobby over White Paper

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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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Linklaters finds new guardian in Angel

Linklaters’ management board has selected 45-year-old head of tax Tony Angel as its new managing partner to replace Terence Kyle. Angel emerged as the favoured candidate over the other front-runner – litigation partner Diana Good – after the management board took partnership soundings last week. There was no vote. His appointment is a vote of […]

Merricks takes partners from Lewis Silkin

NICHE insurance and construction litigation firm Merricks has profited from Lewis Silkin’s continued restructuring by taking two insurance partners to launch a new London office. The two partners, Dennis Wilkins and Jonathan Suckling, joined existing Merricks partners Tim Hunt and Robert Muskath in opening the London office last month. Merricks, which has rapidly expanded since […]

Financing

Alan Karter led the Simmons & Simmons team acting for Huntingdon Life Sciences Group on its £22m share issue. Slaughter and May acted for stockbrokers Kleinwort Benson Securities and for Huntingdon’s financial adviser Dresdner Kleinwort Benson. Charles Russell acted for the investors and Wilde Sapte for National Westminster

Legal Aid – Franchise hopefuls' time runs short

Firms that want a legal aid franchise have only three months to prepare. Peter Warner warns what is involved. The recent announcement by the Legal Aid Board (LAB) of the timetable detailing the dates by which they expect to move towards exclusive contracts has dismayed many practices. The last date to make an application for […]

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