Taylor Wessing continues French growth with former LeBoeuf Paris head

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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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Heller raid increases Dorsey woes

Heller Ehrman has poached one of Dorsey & Whitney’s most senior corporate lawyers Wesley Fredericks, who has joined Heller’s New York office. Fredericks is described by the Dorsey website as “a leader among his colleagues”. Fredericks was Dorsey’s deputy managing partner, a member of the firm’s management committee, and has held various management positions in […]

LSC donates legal services for Crisis Open Christmas scheme

The Legal Services Commission (LSC) joined forces with charity Crisis over the festive period to offer homeless people free legal advice to help them make a new start in 2006. The legal advice project was part of the 34th Crisis Open Christmas scheme, which ran for a week up to New Year. Under the scheme, […]

CC banking associates receive time off in lieu

Associates at Clifford Chance are being given days off in lieu as compensation for working into the early hours on deals. The initiative has been implemented by the firm’s banking practice and is not extended to associates across the rest of the firm. At a time when associates’ pay and conditions have been hitting the […]

Deals round-up

Osborne Clarke advises on Carphone Warehouse buy Osborne Clarke scooped a role advising Carphone Warehouse on its £154m acquisition of OneTel, closing the deal in just 10 days. The mobile phone retailer bought the fixed-line telecoms business from Centrica. The deal includes an initial price of £132m, with a further £22m depending on new customers signing through the British Gas network. The purchase more than doubles Carphone Warehouse’s residential telephone customer base and makes it the UK’s third-largest supplier of fixed-line telephone services. Ashurst represented Centrica.

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