In house: Accountants must not get upper hand, warns C&G head of legal

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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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Globalisation will kill off equal pay

Merit-based compensation will replace lock-step as firms go international, writes Jeffrey Gordon. Jeffrey Gordon is a partner at US firm Mayer Brown & Platt. Most big-firm lawyers regard lock-step compensation, where all partners of equal seniority receive equal pay, as the most desirable compensation system for a law firm – if the firm can afford […]

In brief: Macfarlane elected corporate head at Ashursts

David Macfarlane has been elected head of Ashurst Morris Crisp’s corporate department, while Adrian Knight has stepped into Macfarlane’s old job as head of corporate finance. Macfarlane succeeds Geoffrey Green, who becomes senior partner on 1 December. Chris Ashworth has been appointed head of mergers and acquisitions.

Wiggin & Co partner joins pay-TV

WIGGIN & Co partner Stephen Cook (pictured above) has joined longstanding client Flextech as its general counsel and an executive director. Cook’s appointment is a boost for the #850m pay-TV company, which was hit by the death in August of its group chief executive Roger Luard. Cook has advised Flextech – the owner of interests […]

Its been a good week for:

Staff at Davies Arnold Cooper. Last week their boss, David McIntosh, told the Trainee Solicitors’ Group that professional success was not inevitably linked to a life of long hours. Assistants at the firm may wish to remind David of this should they ever decide they want to leave at 5.30pm on the dot. Hammond Suddards, […]

A&O breaks Gide ties to reach De Pardieu

Allen & Overy has cleared one obstacle blocking a merger with Paris firm De Pardieu Brocas Maffei & Associes by formally breaking off its seven-year association with Gide Loyrette Nouel. A&O is eager to catch up with its City rivals in Paris and was expecting to tie up the merger between its 10-partner Paris office […]

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