Mark Dawkins: Simmons & Simmons

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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 India head defects to Eversheds

Eversheds has snared Denton Wilde Sapte’s (DWS) head of its India group as part of its strategy to expand further into the Indian market. Gauri Advani, who was head of the DWS India group since 2003, will take a leading role in Eversheds ten-lawyer India team. Chair of the Eversheds’ India group, Parmjit Singh, commented: […]

Eversheds refuses to enter salary war

Eversheds has refused to bow to pressure from its national rivals by raising its salaries for newly qualified lawyers (NQs) to just short of the City rates of DLA Piper and Pinsent Masons. Despite a 17 per cent increase from £53,000 to £62,000, Eversheds’ City NQs will receive far less than Addleshaw Goddard’s, which has […]

Pinsents acts on £28m living room sale

Pinsent Masons has acted for the majority shareholders of Living Ventures on the £28m sale of the Living Room business to Ultimate Leisure Group. Corporate partner Joanne Ellis led on the deal, which saw Living Ventures offload Living Room restaurants and bars, which operate from 13 sites across England and Scotland. The company’s Blackhouse Grill […]

Linklaters boosts Italian presence with Pedersoli raid

Linklaters continued its hiring spree today with Italian lawyer Giovanni Pedersoli and Claudia Parzani joining the firm’s Milan office. Pedersoli leaves Pedersoli e Associati and Parzani is leaving Camozzi Bonissoni Varrenti e Associati to join the magic circle firm’s partnership. Giovanni Pedersoli is the younger brother of founding Pedersoli partners Carlo and Antonio Pedersoli. The […]

Barclays adds 10 new firms to panel

Barclays Bank has appointed 10 new firms to its panel after announcing the completion of its panel review. New firms include, Addleshaw Goddard, Denton Wilde Sapte, Eversheds, Hammonds, Milbank Tweed Hadley & McCloy, Macfarlanes, Magrath & Co, Pinsent Masons,and SJ Berwin. Chief operating officer of legal compliance at Barclays, Richard Daniel, commented: “We look at […]

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