Shearman expands partnership by ten

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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 […]

Recommended

Watson Farley goes down LLP route

Watson Farley & Williams has become the latest firm to announce that it is converting to a limited-liability partnership (LLP). The City firm’s decision to convert follows the publication of research by Zurich Professional last month, which showed that 37 per cent of UK firms have ruled out converting to LLP status (www.thelawyer.com, 31 January). […]

Russell-Cooke to merge with PI boutique

Personal injury boutique Evill & Coleman is to merge with London solicitors Russell-Cooke. The two firms will merge on 1 March, forming a 30-strong personal injury department based in Putney, in addition to Russell-Cooke’s Bedford Row and Kingston-upon-Thames offices. Evill & Coleman’s expertise ranges from clinical negligence cases to personal injury work, including sporting injuries. […]

Freshfields, Cazenove run the gauntlet on Man Utd bid

Love Manchester United FC or hate it, City advisers agree that Malcolm Glazer’s latest bid for the richest football club in the world is a fascinating rematch. The Floridian spent last week poring over Manchester United’s books – or at least those chapters he was allowed access to by the board as part of a […]

Law Soc green light for training framework overhaul

The Law Society Council today (Thursday 24 February) gave the go-ahead for the next stage of the controversial Training Framework Review, which has split the profession’s educational establishment. The review proposes to scrap the current system for qualifying as a solicitor, replacing the Legal Practice Course (LPC) with a series of assessments undertaken over a […]

Time to shut up and tie up

Alison Diamond explains how to get the most out of that inevitable merger. Consolidation between law firms, both nationally and internationally, shows no sign of slowing down. When firms merge successfully, the individual career decisions of their lawyers and support staff come into sharp focus. People start thinking about themselves, their CVs and their futures. […]

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