Slaughter and May eyes Asia growth

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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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Shoosmiths appoints senior associate Brian Hession to real-estate team

Shoosmiths has grown its real-estate team in Birmingham with the appointment of senior associate Brian Hession. Hession is a commercial property specialist, with particular expertise in commercial and mixed-use property development, investment, funding and leasing. He joins from Davies & Partners, a niche commercial property firm based in Gloucester where he was head of commercial […]

Eversheds launches Pathway pension service with Aon Hewitt

Eversheds has announced the launch of Pathway: a service for pension schemes wishing to carry out a buy-in or buyout, which was developed in collaboration with global talent, retirement and health solutions business Aon Hewitt. The firm said that Pathway offers a complete solution, including pre-negotiated contract terms with insurers that reduce uncertainty and speed […]

Moscow

Shearman secures record $50bn arbitration award against Russia

Shearman & Sterling has secured the largest award ever handed out by an arbitration tribunal, with the Russian Federation asked to pay out $50bn (£29.bn) in damages to shareholders of oil company Yukos. The award, rendered on 18 July in the Hague, also sees Russia ordered to pay $60m in legal fees after a decade […]

No5 Chambers’ Jeremy Wright MP is appointed attorney-general

No5 Chambers has announced that associate tenant Jeremy Wright MP has been appointed to the post of attorney-general.   Wright, who represents the constituency of Kenilworth and Southam, was called to the Bar in 1996 and took associate tenancy at No5 Chambers in 1997. His specialism is criminal law, both prosecution and defence.  Wright was sworn […]

Hong Kong

OC set to launch in Asia following raid on Bird & Bird’s Hong Kong base

Osborne Clarke is set to extend its presence into Hong Kong, with the hire of a prominent team from Bird & Bird. Marcus Vass, who heads up Bird & Bird’s communications, media and technology group in Asia, has been lined up to join Osborne Clarke alongside corporate partner John Koh and a number of associates.  […]

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