Minter Ellison gains Shanghai head from Masons

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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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NGJ and Kirkpatrick partners vote for merger

The first trans-Atlantic of the year is going ahead as partners at Nicholson Graham & Jones and Kirkpatrick & Lockhart have voted through a tie-up. The merger will go live on 1 January 2005, creating a 950-lawyer firm spanning 10 US cities and London… The first trans-Atlantic merger of the year is going ahead as […]

Norton Rose’s Cologne team gears up for defection to CMS

Norton Rose may be on the verge of losing its entire Cologne office as its partners accelerate talks with CMS Hasche Sigle. It is understood that all 17 Cologne-based partners are considering the move to CMS Hasche Sigle, which is in the process of conducting due diligence on its potential new recruits. The Cologne contingent […]

Hannes Snellman reports double-digit profit recovery

Finland’s second largest firm Hannes Snellman has recorded an astonishing 48 per cent rise in profits, smoothing the way for a new managing partner in 2005. The firm made a post-tax profit of €6.75m during the last financial year. The previous year profit had slumped 10 per cent to €4.56m. Turnover rose 13.6 per cent […]

FSA plans for higher legal costs as more rulings are challenged

The Financial Services Authority (FSA) expects to increase its external legal spend again next year after more than doubling its budget for external enforcement to £5m for the 2004-05 financial year. A spokeswoman for the FSA said that the financial services regulator predicted that the costs of external legal consultants and QCs would jump even […]

Tag of war

Collapsed claims giant Tag’s former employees are seeing life from the other side as they try to claim through no win, no fee. Jon Robins reports A couple of days after the management of claims farmer The Accident Group (Tag) sacked 2,500 staff – some by the now infamous text message last May, a meeting […]

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