Slaughters on standby to advise ABP on offer

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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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Vicky Mitchell: Capital One

Times have changed at Capital One. Instead of sending legal work straight out to external advisers the in-house lawyers are now almost wholly self-sufficient. By Lorraine Cushnie Fun budgets, adopt-a-school programmes and leopard-skin prints. For Vicky Mitchell, company secretary and head of legal at Capital One, life is certainly not ordinary. In the nine years […]

Lovells equity rejig boosts new partners’ pay

Lovells is embarking on another shake-up of its remuneration structure as it moves to compress the firm’s lockstep and increase the number of points available to new equity partners. The Lovells lockstep currently runs from 24 points to 60, with an increase of three points every year over 12 years. At a partnership meeting in […]

Richards Butler and Reed Smith sign merger agreement

Reed Smith and Richards Butler have today announced that they have signed a letter of intent to complete a full merger by 1 January, 2007. Merger negotiations have reached an advanced stage with votes by both partnerships scheduled for the end of May, subject to due diligence. The merger is set to create a new […]

Landmark’s Bream move

News reaches Tulkinghorn that Landmark Chambers has moved from its previous dingy and dungeon-like premises in Breams Buildings into swish new offices on Fleet Street. The set has undergone a few changes too during the year, notably on the administrative staff side, with a new fees administrator and IT manager. There is also a new […]

China MoJ loophole helps Orrick launch

Orrick Herrington & Sutcliffe is to use a loophole in Chinese licensing laws to secure licences for both the Beijing and Shanghai offices it is set to inherit from Coudert Brothers by mid-April. It has emerged that the firm is in advanced negotiations with the Chinese Ministry of Justice to secure both practice licences at […]

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