Simmons dismisses hacker threat to launch intranet first

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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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Shopping centre sues bank

The owner of a shopping centre at Bedford Square, central London, is taking NatWest Bank to the High Court. Martin Slowe Estates claims it has had no banking facilities at the centre since NatWest closed its branch in February 1997. Now it is taking the bank to court and seeking damages, claiming that, as a […]

Bright lights beckon the best

Start spreading the news, you can be leaving today for a stint in an overseas office. Alison Beardsley knows how to be part of it. Alison Beardsley is graduate recruitment partner and training principal at Allen & Overy. Many trainees join a big firm harbouring ambitions to spend six months of their training contract in […]

Herbert Smith follows A&O into Bangkok as crisis fades

Herbert Smith has become the second City firm in a week – along with Allen & Overy – to announce plans for a Bangkok office. Herbert Smith’s London-based spokeswoman said the firm hoped to have the office up and running in November. But she would not say how many lawyers would be sent to Thailand. […]

Former Alsops lawyer struck off following #250,000 theft

A FORMER Alsop Wilkinson consultant who stole #250,000 of client cash while at the firm and then fled the country has been struck off. A Solicitors’ Disciplinary Tribunal heard on 8 October how in 1992 Tony Neary resigned from the firm, which has since become part of Dibb Lupton Alsop, after complaints from a former […]

German move for Pictons

West End firm Picton Howell has recruited German and English qualified Greg Davidian from the legal department of Scottish Amicable to head its German desk.

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