Tyco poised to review Eversheds’ status as sole external adviser

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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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Clarification

On page 3 of last week’s issue of The Lawyer we published a story about US law firm Debevoise & Plimpton suing solicitor Joan Leopold. Recruitment consultancy Taylor Root has asked us to point out that it was not involved in a confidential ­investigation Leopold was carrying out for the firm. The recruiter was only […]

Merrill slashes six senior legal jobs

At least six senior legal roles at Merrill Lynch have been axed as part of the investment bank’s global restructuring. New York associate general counsel Carlos Morales, general counsel of litigation and employment Barry Mandel, co-head of global litigation John Eisenberg, director and senior counsel Chris Haas and two more legal heads have been cut […]

6

Duran Duran, Snow Patrol spats see Blackstone win litigation double bill

Blackstone Chambers has scooped a brace of leading roles on two high-profile music litigation cases, with co-head Ian Mill QC leading on disputes involving pop groups Duran Duran and Snow Patrol. Both groups have been sued by former members over breaching partnership duties. Blackstone barrister Tom Weisselberg is also ­acting for the groups. It is […]

Morgan & Finnegan faces dissolution

US intellectual property boutique Morgan & Finnegan is on the brink after 12 of its 17 partners quit. US intellectual property boutique Morgan & Finnegan looks to be facing dissolution if, as expected, more than a dozen of its 17 partners jump ship to rival Locke Lord Bissell & Liddell. As first reported by US […]

Barclays’ new hire to cut legal spend

Barclays has revamped the management of its legal function, creating a new chief of staff position to ­support general counsel Mark Harding. Barclays has appointed Sue Brooks as second-in-command to Harding. Brooks was formerly chief operating officer (COO) at Barclaycard Technology. It is understood that Harding has taken on a wider role on the Barclays […]

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