Travelers hires European legal chief from Flagstone Re

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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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Tie me law firm down, sport

Given the number of western firms that have tapped Australia for a tie-up over the past couple of years, you’d be forgiven for thinking that by now the country must be sucked dry of independent practices open to mergers. Not so. Serial acquirer K&L Gates has confirmed that it is the latest in a long, […]

Bupa

Bupa’s employment law team launches panel review

Bupa Group’s employment law team is embarking on its second-ever panel review, with three spots expected to be up for grabs. The company’s employment law team is inviting firms to get in touch to express their interest in pitching for places on its panel of external advisers. Firms have until 14 September to register their […]

3

Maclays employee gets community service for embezzlement

A former Maclay Murray & Spens employee been ordered to perform 166 hours of community service for embezzling more than £5,000 while working at the firm. Karen Ward, understood to have been an events manager at Maclays’ Edinburgh office, had earlier pleaded guilty to embezzling £5505.09 between 10 March 2010 and 19 July 2011, according […]

Exeter

Browne Jacobson expands into South West with Exeter launch

Browne Jacobson has cemented a record year of growth by launching in the South West with a 25-strong team hired from local firm Veitch Penny. The deal involved Brown Jacobson buying the lease of Veitch Penny’s four-floor Exeter office and sub-letting two of the floors back to the local firm. The defendant insurance and employment […]

21

SNR Denton and Salans prepare for September merger vote

Salans and SNR Denton have reached the advanced stages of negotiating a £760m merger, with the two partnerships gearing up to approve the deal in a vote next month. Management figures at the firms are planning to put the proposals to partners for a September poll, over six months after the European and US duo […]

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