SJ Berwin in Reed Smith City move

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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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Finland’s Castrén bags non-lawyer director

Finnish independent Castrén & Snellman has brought in its first managing director from outside the firm, hiring Jukka Niemi from Scandinavian financial services group Nordea. Niemi is the first non-lawyer to assume a leading role at Castrén. He has been director of Nordea’s Basel II compliance programme since 2004 and before that was managing director […]

Private equity – a nice little Bunsen burner

Private equity lawyers across the City keep telling Tulkinghorn that they are not as active as they were this time last year due to the credit crunch. A dreadful business. But it is heartening to hear that the more ingenious among them are focusing their attention in other ways to keep busy. And so it […]

Bond Pearce

Bond Pearce’s managing partner Victor Tettmar intends to harness the growth in the renewable energy sector to pull the firm out of a period of unrest Bond Pearce” />Name: Victor Tettmar Title: Managing partner Firm: Bond Pearce Turnover: £43.5m Number of lawyers: 257 Victor Tettmar’s CV Education: 1979-82: Manchester University, LLB 1982-83: College of Law, […]

LUL’s PPP review process in question after Metronet probe

The ongoing extraordinary review of failed tube operator Metronet is to have a significant impact on London Underground Limited’s (LUL) periodic PPP contract review (www.thelawyer.com, 24 September). Last week, as part of the extraordinary review of Metronet’s £2bn cost overrun, PPP arbiter Chris Bolt ruled that the operator could have claimed between £140m to £470m […]

McGrigors nabs two new partners

McGrigors has bolstered its partnership with the addition of a lawyer apiece from DLA Piper and Berwin Leighton Paisner (BLP). Kevin Jordan has joined McGrigors’ London office as a partner in the banking and finance team, having served as a partner in BLP’s project finance department. His experience includes a range of PFI work. Ian […]

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