Shearman’s Moore withdraws Freshfields claim

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Latest Briefings

SEBI introduces exemptions for companies undergoing CIRP under IBC, 2016

By Ashwin Bishnoi, Rohit Ambast Between 31 May to 1 June, the Securities and Exchange Board of India (SEBI) amended a number of securities regulations to provide certain dispensations for listed companies undergoing the corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code 2016 (IBC). These amendments follow SEBI’s discussion paper of March […]

GDPR risks for retailers

By Jeanette Burgess, Gwendoline Davies Much of the focus in the retail and legal press in recent months has been on the eye-watering level of fines which data protection regulators can impose for infringements of the new EU General Data Protection Regulation (GDPR) legislation. However in this mini-series Walker Morris’ Heads of Regulatory & Compliance and […]

Swiss Lower House approves corporate tax reform

By Maurus Winzap, Robert Desax On 12 September 2018, the Swiss National Council (Lower House– Nationalrat – Conseil national) approved the revised version for a corporate tax reform (“Tax Proposal 17”). It is based on the Government’s proposal issued in March 2017 and on the version negotiated in the Upper House (Ständerat – Conseil des États) in […]

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Dewey forefather shows forethought

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Stephenson Harwood Asia strategy pays off

Stephenson Harwood has landed a lead role advising on a significant UK investment by an Indian company. Corporate partner Pawan Sharma advised bicycle company Hero Group on its £40m acquisition of UK call centre company Telecom Service Company (TSC). Sharma said: “After Tata’s acquisition of Corus, this is the most significant piece of investment outside […]

Lovells tinkers with lockstep again

Lovells is reviewing its lockstep once again with the intention of allowing partners in economically weaker jurisdictions to enter the equity. Currently the firm’s equity ladder starts at 30 points, increasing by three points a year over a 10-year period. However, with partners having to meet certain requirements in order to enter the lockstep it […]

Singapore review group says no to full liberalisation of legal market

Following recommendations by a review committee to the government, Singapore is not expected to give the go-ahead for a full liberalisation of the country’s legal services sector. The review outlines proposals for a period of three to five years and covers all aspects of the local legal scene. Recommendations are understood to have been made […]

RSP principles win legal and banking market approval

Lawyers and bankers gave a thumbs up to the recently issued principles for retail structured products (RSPs) after two feedback meetings were held last month. Both meetings, one of which was held at Clifford Chance‘s London office, discussed how the RSP principles could be further refined in order to improve the distribution of these investment […]

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