Sidley Austin raids Ashurst for star finance partner

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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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Lib Dem MP in Stephens & Scown move

The Liberal Democrats’ shadow attorney-general John Burnett MP is to join South West firm Stephens & Scown following the forthcoming general election. Burnett was senior partner for Okehampton-based Burd Pearse prior to the 1997 election, when he was selected as the MP for Torridge & West Devon. During his tenure in Parliament, Burnett has held a wide […]

White House adviser joins Ford as counsel and senior vice-president

Ford Motor Company has raided the White House to secure a new general counsel to take over from incumbent Dennis Ross. As first revealed on www.thelawyer.com (29 March), David Leitch, who served most recently as the deputy assistant to George W Bush and as the White House’s deputy counsel, joined Ford on 1 April as […]

Stormproof

The insurance industry has been hit hard in the aftermath of 11 September, the Asian tsunami and US class actions, giving Converium’s legal team some tough challenges. By Joanne Harris It has been an interesting year for insurers and reinsurers across the world. First came hurricanes sweeping the Caribbean and Florida, leaving a swathe of […]

Macfarlanes lawyers go back to school in e-mentoring role

Macfarlanes is currently running an e-mentoring scheme with an East London school. Under the scheme, the firm’s lawyers have been paired with pupils facing their GCSEs in an attempt to demystify the City. The lawyers do not appear to be pulling their punches: “If this mentoring is going to give you anything worthwhile, I think […]

Herbert Smith raids bar for second Queen’s Counsel

Herbert Smith has landed a second silk as the City firm forges ahead with plans to launch its own set of chambers. Herbert Smith has landed a second silk as the City firm forges ahead with plans to launch its own set of chambers. It is understood that Herbert Smith has signed up leading commercial silk Ian […]

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