Nine more partners quit Shaw Pittman ahead of Pillsbury merger

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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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Ashurst, CC storm Abbey’s City panel

European banking giant unveils massive shake-up of external legal advisers Ashurst, Clifford Chance, Freshfields Bruckhaus Deringer and Eversheds have all made Abbey’s UK panel in the wake of the bank’s recent acquisition by Banco Santander Central Hispano. Ashurst, Clifford Chance and the bank’s long-term adviser Slaughter and May have won places on the City section […]

TfL head of legal leaves position for non-legal alternative

Transport for London’s (TfL) head of legal Betty Morgan has quit the government agency. Morgan, who is high-profile general counsel Fiona Smith’s deputy, led TfL’s legal department for a while last October after Smith took six months’ extended leave. Smith returned to her role earlier this year. A TfL spokesperson confirmed that Morgan is leaving […]

Merciless Orrick in second Heller swoop

Orrick Herrington & Sutcliffe has made a second dramatic raid on Heller Ehrman’s Venture Law Group (VLG), securing a further four technology partners. Partners Don Keller, Tom Tobiason, Mark Windfeld-Hansen and Mitch Zuklie will join Orrick’s Silicon Valley office. The move comes just a month after Orrick took five technology partners from VLG. As first revealed on […]

Former Andersen man leads nine firms into global tax alliance

Nine independent tax firms have launched the Taxand alliance with 658 tax advisers spread throughout France, Germany, India, Italy, Luxembourg, Spain, Sweden, Switzerland and the USA. “This is the first initiative worldwide to forge a tax alliance which allows firms to share knowledge and tax innovations, while providing our clients with a real independent network […]

Ashfords launches Bristol team

Ashfords, comprising the former Exeter, London, Plymouth, Taunton and Tiverton arms of Bevan Ashford, is expanding its new Bristol office by establishing a corporate recovery, turnaround and insolvency team to be headed by partner David Pomeroy. He will relocate from Exeter to Bristol to lead the team and will be joined by associate Alan Bennett.

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