Norton Rose Dubai lands Etisalat instruction to acquire quarter stake in Pakistani telco

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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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International eye: Italy

Like Milan’s football clubs Internazionale and AC Milan, the rivalry between Italy’s two biggest law firms, Bonelli Erede Pappalardo and Gianni Origoni Grippo & Partners, is inspired by more than just healthy competition. Bonelli 2, Gianni 0 Like Milan’s football clubs Internazionale and AC Milan, the rivalry between Italy’s two biggest law firms, Bonelli Erede Pappalardo and Gianni […]

Revenue per barrister drops at Seven Bedford Row

Civil and criminal set Seven Bedford Row is celebrating a nine per cent income increase – but revenue per barrister has dipped below the £200,000 mark after a hiring spree. The set’s turnover rose to £15.3m in 2006 from £14m last year, but with 77 members including 18 silks, average revenue per barrister dropped to […]

Employment star Fox relaunches as Fox

Fox Williams’ Ronnie Fox has set up a brand new employment boutique following his departure from the firm he co-founded 17 years ago. Fox told The Lawyer he was aiming to recapture the excitement of running his own firm by establishing the new venture, named simply ‘Fox’. “I’m determined to have fun and enjoy doing […]

Herbies raises associate salaries by 17 per cent

Herbert Smith has pushed its newly qualified salary up 10 per cent to £55,000. The Lawyer can reveal Herbert Smith is boosting associate salaries by a 17 per cent average across the firm, effective May 1. Trainees at the firm saw their pay rise £2,000 annually, or approximately six per cent. First year trainee pay […]

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Eversheds, Berrymans win HoL asbestos-related comp case

Eversheds and Berrymans Lace Mawer have won a controversial House of Lords case limiting the amount of compensation which can be claimed by the victims of asbestos-related diseases. Eversheds, acting for Smiths Docks and British Shipbuilders, and Berrymans, acting for construction giant Corus, successfully fought a conjoined appeal against previous decisions awarding damages to the […]

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