Sullivan, Darrois take M&A lead

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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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Stormproof

The insurance industry has been hit hard in the aftermath of 11 September, the Asian tsunami and US class actions, giving Converium’s legal team some tough challenges. By Joanne Harris It has been an interesting year for insurers and reinsurers across the world. First came hurricanes sweeping the Caribbean and Florida, leaving a swathe of […]

Firms’ compulsory early retirement schemes fall foul of new legislation

The system of compulsory early retirement used by many UK law firms is resulting in a damaging ‘brain drain’ and may also fall foul of impending age discrimination restrictions, according to market experts. Compulsory retirement ages that differ from the legal standard of 65 will become unlawful under new regulations set to come into force […]

Angel flies back into a storm at Linklaters

Linklaters‘ managing partner Tony Angel was quoted in the press last week as saying that the magic circle firm’s profits would be “above 10 per cent [up] on last year”. This earlier than usual indication for 2004-05 profits has had the whole of the City talking – 10 per cent is a bullish figure in […]

Balfour & Manson appoints 4 new partners

Scottish firm Balfour & Manson Solicitors has appointed four new partners as of 4 April 2005 and leading personal injury partner, Fred Tyler, has taken over as chairman. Lisa Gregory now heads the Aberdeen office, having joined the firm in May 2004 from Burnside Kemp Fraser where she practised for eight years. She is a […]

DLA Piper helps GNER on record rail franchise win

DLA Piper Rudnick Gray Cary has steered Great North Eastern Railway (GNER) through a competitive tender to win the largest franchise in European rail history. DLA Piper Rudnick Gray Cary has steered Great North Eastern Railway (GNER) through a competitive tender to win the largest franchise in European rail history. It is the first time DLA Piper has been appointed by GNER, […]

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