Italian stock exchange appoints Chiomenti for Euronext merger

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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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Pinewood studios reels in its first counsel

Pinewood Shepperton, the owner of the studios where the James Bond films are made, has hired its first counsel. Matt Richardson joins Pinewood from broadcasting company ViaSat, where he was part of a seven-strong team headed by former Olympic rower Jonny Searle. Prior to ViaSat, Richardson was an assistant solicitor at Olswang. Richardson said his […]

Lewis Silkin recovers with 40 per cent profit hike

Lewis Silkin is celebrating a staggering 40 per cent increase in average profit per equity partner (PEP) after two years of plummeting profits. The firm saw PEP climb back to £226,000 from 2005’s £162,000, but it still has to regain the heights of 2003, when PEP was recorded at £245,000. Meanwhile, turnover rose 14 per […]

Kirkland hit by exit of restructuring star Sprayregen

US firm Kirkland & Ellis has been rocked by the departure of Chicago-based superstar and head of bankruptcy and restructuring James Sprayregen. Sprayregen, who has been with the US firm for 16 years, will leave the firm early next month (July) to join Goldman Sachs in a non-legal role. He will help lead the bank’s […]

Royal Mail puts feelers  out for IP-savvy lawyer

The Royal Mail has created two new in-house legal positions after a board-level review found that the company’s IP capability needed updating. Royal Mail is seeking a trademark and licensing lawyer for the marketing team and has transferred patents lawyer Andrew Brown from the legal department to IT purchasing and procurement. The roles will report […]

Foreign firms face Bahrain licence fight

Baker & McKenzie , Norton Rose and Trowers & Hamlins have been embroiled in a licensing scandal in Bahrain following a revolt by the country’s domestic legal community. The Bahrain Bar Association (BBA) and numerous individual lawyers have launched a lawsuit against the country’s Ministry of Industry & Commerce, the Bahrain Monetary Agency and the […]

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