Linklaters ramps NY corporate with White & Case hire

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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 […]

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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

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Linklaters cuts pay bands and associate bonuses

Linklaters has cut associate pay bands by an average of seven per cent and slashed bonuses across the firm. In contrast to other top City firms, Linklaters associates will move up through the salary bands this year but reduced rates mean that most junior lawyers will receive a pay rise of just two to four […]

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Chaos as MoJ scuppers litigation reform

Judges and politicians at loggerheads as Jackson review kicked into the long grass The judiciary is on a collision course with the Ministry of Justice (MoJ) over how the litigation ­system should be reformed in England and Wales. Serious concerns have been raised about political interference with a range of litigation reforms after the MoJ […]

Box clever

A Jersey cashbox vehicle has emerged as an expeditious tool for the creation of a rights issue for a UK plc. By Jonathan Walker and James Hill Structuring a rights issue for a UK plc using a Jersey cashbox vehicle can make it easier to implement as well as adding to the benefits to be […]

US lawyers unite against ‘draconian’ UK Budget

US lawyers hit out last week at the UK Government over the new 50 per cent tax band introduced in the recent Budget. US lawyers hit out last week at the UK Government over the new 50 per cent tax band introduced in the recent Budget. US lawyers, some of whom are among the biggest earners in the […]

Links associates see pay bands take a dive

Linklaters has cut associate pay bands by an average of 7 per cent and slashed bonuses across the firm. Linklaters associates will move up through the salary bands this year, but reduced rates mean that most junior lawyers will receive a pay rise of between just 2 and 4 per cent. The Linklaters announcement means […]

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