Seven proceed with formation of ‘super set’

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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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The work-life quiz

What was your first-ever job? Preparing deliveries from an off-licence during the pre-Christmas rush. What was your worst experience as a trainee? Being very loudly chastised by a director of a client for asking him to sign a document that he didn’t want to sign. Where’s the best place to go if you want to […]

Lawyer 2B/BPP Competition Winners: Essay 1

After much deliberation, Lawyer 2B can reveal the winners of the Lawyer 2B/BPP Law School essay competition, who claim their prizes of free GDL and LPC places. Here are the winning essays… Essay 1: Identity cards are a price worth paying to protect security. Discuss. By Alex Muir. Recent months have seen a great deal […]

Separated at birth

It’s a little-known fact that among the ranks of associates at Lovells are a number of high-profile individuals, better known for their more glamorous after-hours personae. Property partner Bob Kidby’s extracurricular activities as an axeman are well documented, but now another star has emerged. Yes, it appears that TV funnyman Johnny Vegas has been moonlighting […]

SJ Berwin hikes turnover by 23 per cent

SJ Berwin has taken the riches of last year’s M&A resurgence and delivered a 23 per cent jump in turnover, while Herbert Smith has struggled to maintain its momentum. Preliminary figures for SJ Berwin reveal that turnover rose to £150.5m in 2005-06, up from £122m the previous year, breaking the firm’s budgeted increase of 15 […]

Elite firms put to shame by smaller practices’ diversity

Law Soc reveals that only 8 per cent of the UK’s top 100 firms’ trainees belong to an ethnic minority. The average proportion of ethnic minority trainees at the UK’s top 100 law firms lags significantly behind the number of registered trainees across the profession from ethnic minority groups. The 2006 diversity league table, first […]

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