Simmons takes ship designer to AIM

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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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Clifford Chance re-elects Amsterdam chief

Clifford Chance has re-elected Jan ter Haar as managing partner of its Amsterdam office, confirming his second three-year term in the role. Ter Haar said: “I am very pleased to have the opportunity to manage the Amsterdam office for a second term.” Ter Haar began his career at Clifford Chance in Dubai in 1980, and […]

Judges throw out rogue appeal over SRA compensation ruling

The Law Society’s regulatory arm has managed to stave off a High Court challenge by Edward Ellis, the name partner of Folkestone based firm Ellis & Jessup. Ellis brought proceedings against the Solicitors Regulation Authority (SRA) after its tribunal held that he had not reached the standard that his client, FM, could reasonably expect in […]

Ashurst moves into Shearman’s building

Shearman & Sterling’s London office is to sublet half a floor to Ashurst. Ashurst will move around 50 staff across the road to Shearman’s Broadgate West offices on Appold Street in June. The sub-lease was signed in August 2007. The Broadgate West building already houses parts of Ashurst’s real estate, litigation and energy practices, but […]

Herbies unveils new computer system for workload planning

Herbert Smith is rolling out a bespoke computer system designed to ensure that work is efficiently allocated between teams. The system, which has been designed by management consultants, is currently being piloted by the firm’s competition lawyers until July. It is also being rolled out to litigation and corporate imminently. Senior partner David Gold said: […]

Gibson Dunn launches Singapore base

Los Angeles-based Gibson Dunn & Crutcher has moved to fill one of the gaps in its international network by opening an office in Singapore. The firm has officially launched its latest office today (Tuesday 20 May) with a three-partner team hired from Jones Day along with former Los Angeles-based partner Jai Pathak. Corporate partner Pathak […]

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