Skadden Arps poaches CC 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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Herbert Smith enjoys a second Highland fling

Herbert Smith has just completed its second major deal for Highland Distillers in under a month. The firm advised the Famous Grouse whisky distiller on last week’s recommended £601.4m take-over by the 1887 Company. 1887 Company is an enterprise set up by the Edrington Group and William Grant & Sons. Maclay Murray & Spens and […]

Hammond Suddards poaches Eversheds full equity partner

Hammond Suddards has poached Eversheds equity partner Simon Palmer – bringing its number of construction partners to 11. Palmer has been with Eversheds for 15 years and is a full equity partner. He is still negotiating when he will be allowed to leave Eversheds. But Hammonds is confident Palmer will be with the firm by […]

Irwin Mitchell hires top Halliwell Landau partner

Irwin Mitchell has poached the head of pensions at Manchester firm Halliwell Landau to lead its national pensions practice in Leeds. Anne Taylor is recognised as one of the leading pensions lawyers in the North West. She will head the pensions group in the company and commercial department of Irwin Mitchell when the firm moves […]

It's been a bad week for…

The Crown Prosecution Service, which this week was attacked for allowing people facing charges to go free because of errors. The CPS inspectorate found that in some cases the accused had to be released because lawyers had miscalculated how long they could be held, and that one in four charge sheets prepared by CPS lawyers […]

Judgment day for pupils' pay

The Minimum Wage Act 1998 took effect on 1 April 1999. Following its enactment, the Bar Council quickly realised that the legislation might well apply to some pupillages, many of which are currently unfunded. The Bar Council therefore sought expert opinion on the matter. Faced with conflicting opinions as to whether or not the act […]

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