Judges throw out rogue appeal over SRA compensation ruling

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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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Dentons’ 6 per cent turnover hike outstripped by City rivals’

Denton Wilde Sapte’s financial results revealed a sluggish performance compared with its large City peers’, as revenue grew by a disappointing 6 per cent to £164.4m. Last year’s restructuring of the financial institutionspractice failed to turn around the fate of the underperforming department, which also posted around 6 per cent growth. Dentons chief executive officer […]

Ashurst bolsters Frankfurt with White & Case hire

Ashurst bolsters Frankfurt with White & Case hire” />Ashurst’s Frankfurt office has hired White & Case local acquisition finance partner Anne Force. She will start at Ashurst as a partner and is qualified in German, French and English law. Ashurst’s German managing partner Simon Beddow said: “We’ve been looking for some time to expand the […]

Beachcroft unveils disappointing results

Beachcroft has revealed its year-end results, showing turnover up just 2.5 per cent on last year to £114m. Beachcroft senior partner Simon Hodson expressed disappointment, saying: “We’d have liked to have done better, but we see this as a pause in the process.” Last year the firm reported turnover up 14 per cent from £98m […]

Cobham institutes legal chief role with Corus hire

Aerospace company Cobham has hired former Corus UK in-house legal counsel Eleanor Evans, creating the new role of chief legal officer. Evans said she would be meeting with Cobham’s external firms over the coming weeks to create new relationships. Allen & Overy is Cobham’s main corporate adviser. Evans said: “I think Cobham is a terrific […]

DWF turnover up nearly 11 per cent

Northwest firm DWF has reported a 10.6 per cent rise in turnover, hitting £55.3m this year for 2007-08 after £50m the year before. As well as growing turnover, the firm has also grown its lawyer numbers in 2007-08 via an aggressive hiring spree, which included litigation partner Joel Heap and banking lawyer Graham Hall from […]

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