Lloyds, RBS kick off post-crunch panel reviews

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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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Avoiding the axe… for now.

Like Trowers, Pinsents and A&O, Hill Dickinson has managed to find jobs for staff in quiet areas elsewhere in the firm. It has avoided making job cuts so far as a direct result of the downturn, leveraging off the uneven landscape of its booming employment, professional risks and insurance practices (see details), versus its slow-growing […]

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Eady J backs Withers over top chef’s privacy claims

Celebrity chef Marco Pierre White has failed in his attempt to sue Withers for breaching his privacy during divorce proceedings. Withers over top chef’s privacy claims” />Celebrity chef Marco Pierre White has failed in his attempt to sue his ex-wife’s lawyers, Withers, for breaching his privacy during divorce proceedings. White alleged that Withers family partner […]

Simmons helps Qatar add to UK property holdings

Simmons & Simmons has advised sovereign wealth fund the Qatar Investment Authority (QIA) as it expands its UK property portfolio further. The QIA has acquired a 20 per cent stake in ­property investor Chelsfield – owner of ;London’s ;famous ­Camden Market as well as other assets. Corporate partner Colin Leaver led the transaction with ;assistance […]

SRA comes under fire in Beresfords tribunal

The Solicitors Regulation Authority (SRA) was accused of ignoring “false information” and holding a “biased” investigation, as the disciplinary tribunal against the coalminers lawyer Jim Beresford continued today. Beresford, of Doncaster-based firm Beresfords Solicitors, and his colleague Douglas Smith have been accused of 11 counts of misconduct over alleged making excessive amounts of money out […]

Wall Street Woes: Hiring and firing

The credit crunch rollercoaster keeps on chugging along. Yesterday Orrick launched a round of 40 lay-offs, just weeks after taking a large chunk of the now defunct firm Heller Ehrman. &idThe credit crunch rollercoaster keeps on chugging along. Yesterday Orrick launched a round of 40 lay-offs, just weeks after taking a large chunk of the […]

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