Reed Smith re-elects Jordan to top job

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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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Slaughters, A&O wash hands of online gaming

The turmoil surrounding online gaming is continuing to split the legal community in two, with Slaughter and May and Allen & Overy (A&O) becoming the latest firms to shun the sector. The two have joined the growing list of firms steering clear of the sector. As first reported by The Lawyer (14 August), Herbert Smith […]

How to keep working mums working

The appointment of 33 female silks earlier this year – the highest number ever – is undoubtedly good news for female barristers. Indeed, the bar generally is now more enlightened than it has ever been. The introduction of the Bar Council’s guidance on maternity and paternity policy, published in 2004, was a big step in […]

Debevoise & Weil lose old hands to new boutique

Two septuagenarian US attorneys have left Weil Gotshal & Manges and Debevoise & Plimpton to set up their own white-collar litigation boutique – for the second time. John Martin and Otto Obermaier, whose combined age is 141, first set up shop together in 1972, when Martin Obermaier & Morvillo became one of America’s first specialised […]

Cash barriers

With the number of equal pay cases growing rapidly, case law is amassing and companies must keep up with developments. Paul Epstein reports The number of claims for equal pay is rising exponentially. In 2005-06 there were 115,039 claims registered with the Employment Tribunals Service. This compares with 86,181 in 2004-05. The numbers of multiple […]

In-housers hold on tight as mergers bite

It was the month of the survivors for in-house heads of legal in September. A resurgence of M&A activity involving some of the UK’s largest companies had resulted in sweeping changes to many in-house legal functions. BOC Group legal director Nick Deeming kept his job despite the takeover of the industrial gas giant by Germany’s […]

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