Shoosmiths’ legal experts comment on government’s industrial strategy

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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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Walker Morris advises Servelec on recommended cash offer

Specialist corporate lawyers at Walker Morris are advising Servelec Group, the UK-headquartered technology group, on a recommended cash offer from Scarlet Bidco to acquire Servelec’s entire issued and to be issued share capital.  The deal values the Servelec Group at approximately £224m and is being effected by way of a scheme of arrangement.

John Butterfield QC secures conviction of drugs gang

No5 Barristers’ Chambers was represented by John Butterfield QC, who prosecuted the case together with Sophie Murray. All eight defendants were found guilty of conspiracy to supply Class A drugs. The gang brought at least 12kg of cocaine – at an estimated value of around £400,000 – into Worcester between 2011 and October 2015.

southwark

Burges Salmon ex-partner in court over HBOS business loans

Former Burges Salmon partner Roger Hawes is facing a three week trial at Southwark Crown Court charged with conspiracy to conceal criminal property, The Lawyer understands. This trial is understood to relate to charges brought by Reading Magistrates’ Court in 2013, when nine people were charged in connection with business loans of up to £35m made […]

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