Stonewall names A&O, BLP, SJB, Weil and others diversity champions

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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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Isle of Man: funds

The Isle of Man has launched two new funds aimed at attracting top overseas investors. Simon Harding and Paul Branford report In September 2006 the Funds Review Group (the FRG) was established and charged with of reviewing the Isle of Man’s investment funds industry. The group, which comprised leading members of both the public and […]

Norton Rose boosts tech team with associate hires

Norton Rose has lured two senior TMT associates from Allen & Overy (A&O) and Baker & McKenzie by offering them partnership. Oliver Stacey and Sean Murphy were corporate finance senior associates specialising in the TMT sector for A&O and Bakers respectively but have been made partners in Norton Rose’s communications, media and technology (CMT) team. […]

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Lovells sees 10 per cent turnover rise at half year

Lovells has reported fee income of £225m for the first half of the 2007-08 financial year, a rise of 10 per cent on last year’s figures. At the half way stage last year the firm reported a year on year rise of 4 per cent. While this year’s growth figure is a significant improvement on […]

BLP reports 20 per cent growth at half-year point

Berwin Leighton Paisner (BLP) has reported a leap of 20 per cent in fee income compared to the same time last year, earning £84m in fees in the last six months. This compares to £70m this time last year. At the end of the last financial year, BLP had a turnover of £169m. BLP’s results […]

Hammonds loses another team

Hammonds has lost another team as the flood of departures shows little sign of abating. DWF has taken two partners and five lawyers from its real estate team. Partners Nic Crocker and Simon Meek will move to DWF in the New Year. Hammonds played down the mass exit. One partner claimed: “Everyone has their sell-by-date. […]

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