Norr makes second Freshfields hire

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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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Kirkland makes up 64 as London growth continues

Kirkland & Ellis has radically bolstered its London corporate capability with the promotion of two specialists to its partnership and hire of a swathe of supporting associates. London-based corporate lawyers Christopher Field and Abrielle Rosenthal have been promoted to the firm’s partnership, along with banking attorney Neel Sachdev. This takes the London office to 22 […]

2 Temple Gardens boosts pupillage earnings to £47k

Commercial and civil set 2 Temple Gardens (2TG) has upped its pupillage award by £2,000 for the October 2008 intake, making it one of the highest paying chambers for new barristers. Pupils receive a grant of £36,000 and guaranteed earnings of £11,000. Charles Dougherty, member of the pupillage committee, said: “Although we guarantee £11,000, pupils […]

Slaughters makes PEP global top 10

The top 10 most profitable firms in the world all have an average profit per equity partner (PEP) of more than $2m (£1.14m). And only one UK firm is in that list: Slaughter and May. Slaughters is now the eighth most profitable firm in the world, up one place from the previous year. However, Linklaters […]

Wragges guards against recession

Wragges guards against recession” />Wragge & Co is aiming to boost the turnover of its public sector group to 25 per cent of total firm revenue in a bid to hedge against a downturn in the private sector. The goal would see the public sector group challenge the firm’s property team for dominance. The latter […]

Turbulent times at Winston

It was a mixed month for US firm Winston & Strawn. It was a mixed month for US firm Winston & Strawn. Three banking partners left the firm’s London office, all of whom had joined Winston from Barlow Lyde & Gilbert only a year previously. The departure left Winston’s London office with just four partners […]

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