Related briefings

Significant beneficial ownership filings by listed companies – SEBI extends timelines

On 8 February 2019, the Ministry of Corporate Affairs (MCA) released the Companies (Significant Beneficial Owners) Amendment Rules 2019 (New SBO Rules) to revise and amend the Companies (Significant Beneficial Owners) 2018 (Old SBO Rules). As per the New SBO Rules, the first SBO-related filing is due on 12 May 2019. Vide circular No SEBI/HO/CFD/CMD1/CIR/P/2018/0000000149 […]

Plastic ban on 36 major railway stations

On 22 January 2019, the National Green Tribunal, Principal Bench, New Delhi (NGT) in the case of Saloni Singh & Anr v Union of India & Ors (OA No. 141 of 2014) inter alia, directed the Railway Administration, Ministry of Railways, Government of India (Railway Administration) to develop ‘eco-smart stations’ which would serve as model […]

Licensing structure for defence manufacturing by the MCI

On 1 January 2019, the Ministry of Commerce and Industry (MCI) vide Press Note No.1 of 2019 Series (Press Note 2019) specified the list of defence items under the Industries (Development and Regulation) Act, 1951 (IDRA) and the list of arms and ammunitions requiring license under Form VII of the Arms Act, 1959 (Arms Act), […]

Latest Briefings

Taking time off to look after dependants

Understanding what employees’ rights are and how this should be handled by employers has never been more important as we reach the peak of the pandemic.

Material adverse change clauses – draft carefully

The unprecedented situation that the coronavirus pandemic has delivered to global commerce has impacted on a variety of contractual issues related to non-contentious day-to-day transactions.

An employment guide to lockdown 3.0

With COVID-19 taking hold once more, the government has put the UK under a third lockdown, forcing all non-essential shops to close once again.

BVI update: “Black Swan” legislation passed

On 31 December 2020, the BVI House of Assembly passed the so-called “Black Swan” Bill amending section 24 of the Eastern Caribbean Supreme Court (Virgin Islands) Act (Cap. 80) so as to confer jurisdiction on the BVI Court to grant interim relief in support of foreign proceedings.

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London

Dorsey launches City corporate trust team with BCLP hires

Dorsey & Whitney is strengthening its London finance and restructuring team with the hire of Bryan Cave Leighton Paisner (BCLP) corporate trusts specialist Helena Nathanson and senior associate Paul Regan, both of whom have joined the firm as partners in the firm’s finance and restructuring group. Nathanson in particular is well known in the market, […]

Flybe

Morgan Lewis’ latest recruits come good as firm joins trio on Flybe sale

Herbert Smith Freehills and Morgan Lewis & Bockius are representing a consortium in its rescue of troubled Flybe Airways for £2.2m. The consortium is formed by Connect Airways, a joint venture company owned by Cyrus funds, Stobart Aviation and Virgin Atlantic. Morgan Lewis partner Georgia Quenby has been leading for Connect and Cyrus, along with […]

John Croft

NewLaw provider Elevate targets banking clients with latest acquisition

Provider Elevate has purchased in-house consulting and tech company Yerra Solutions, the fourth acquisition to be made by the alternative legal services provider in under three months. The move allows Elevate to expand its offering for clients in the financial service sector. Founded in Basel, Switzerland, around the same time Elevate was first launched, Yerra Solutions […]

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