O2 names new legal head as GC quits for BAE post

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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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Going solo – the best route to partnership?

Ambitious lawyers want to attain partnership in a firm for a variety of reasons, both personal and financial. But what is the best route to achieving this goal? And what about those with an entrepreneurial spirit? Is the satisfaction greater still in going your own way and starting your own firm from scratch?This question has […]

Solicitors Regulation Authority launches referral fees inquiry

The Law Society’s Regulation Board yesterday (20 September) agreed to review and overhaul the principles governing the use of referral fees by solicitors’ firms. It was agreed that the board should consider the underlying principles of the current referral fee arrangements at its November meeting, with a view to a full-scale review and consultation of […]

Chairman threatens Kirkpatrick UK

The chairman of Kirkpatrick & Lockhart Nicholson Graham has threatened his London office with “a bloody nose” when the guaranteed payments it has been paying to City partners end in January 2007. Kirkpatrick chairman Peter Kalis said the new merit-based system was “definitely not” an eat-what-you-kill system, but would be based on a partners’ contributions […]

BLG ticked off after advert row

The Advertising Standards Authority (ASA) has dealt a blow to Barlow Lyde & Gilbert, upholding a complaint over a full page advertisement that appeared in the national press. The advert appeared on 3 May and listed the names and companies of 250 in-house counsel, stating: “If you’d like your name kept out of the legal […]

Dewey, Orrick focus on London despite merger negotiations

Dewey Ballantine and Orrick Herrington & Sutcliffe‘s London offices remain focused on their respective independent growth strategies, despite last week’s confirmation that the two US heavyweights are in merger talks. As revealed on https://www.thelawyer.com (12 September), the two US firms’ respective chairmen, Morton Pierce and Ralph Baxter, confirmed that the firms are in preliminary ongoing […]

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