Tesco faces potential legal battle over £250m profit error

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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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Hengeler boosts female partnership with brace of promotions

Hengeler Mueller has announced its first all-female promotions round, making up two women to its partnership in a boost to its diversity stakes. The promotion of Düsseldorf-based public lawyer Vera Jungkind and Berlin-based litigator Johanna Wirth to the firm’s partnership increases the number of female partners by 67 per cent. As of January, Hengeler will have […]

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Former Addleshaws partner faces fresh SDT hearing as expenses case continues

The Solicitors’ Disciplinary Tribunal (SDT) has kicked off a re-hearing of a case alleging former Addleshaw Goddard partner Mark Gilbert of discrepancies in expenses.  The case against Gilbert was originally heard in January, when the Solicitors Regulation Authority asked the SDT to drop its claims of lack of integrity against the partner. However, the tribunal […]

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Bird & Bird and Dechert saddle up for Assos v ASOS trademark battle

Bird & Bird is representing Assos, the Swiss company responsible for the first ever lycra cycling shorts, in a Court of Appeal (CoA) case against online retailer ASOS. Assos lost a passing off and trademark infringement claim earlier this year to Dechert client ASOS, who succeeded in bringing a counterclaim against the Swiss company resulting […]

European firms put the focus on diversity

Diversity has been on the radar of several firms in the UK recently, with a number announcing that they are aiming for 30 per cent of their partners to be female within the next few years. Although independent European firms often have lower diversity statistics than their Anglo-Saxon counterparts, the issue is very much live […]

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