Wedlake Bell High Court action derails Cobbetts’ City launch

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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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Lovells boosts restructuring team in New York

Lovells has boosted its New York office with the addition of Christopher Donoho to its international business restructuring and insolvency practice. Formerly a partner within Stroock & Stroock & Lavan’s New York financial restructuring department, Donoho joins Lovells tomorrow. To date, his work has seen him represent bondholders and creditors’ committees in and out of […]

New Linklaters hire named joint boss in Italy

Linklaters has named a new hire as its co-managing partner for Italy, with former Pedersoli partner Andrea Arosio assuming the role. Arosio, a banking and finance partner, joined the firm just two months ago from Italian independent Pedersoli, together with capital markets partner Dario Longo (see The Lawyer, 15 February). Arosio and Longo moved to […]

Linklaters confirms salary rises

Linklaters has today (30 April) confirmed that it will increase associate salaries in London by up to 16 per cent from tomorrow. As revealed on www.thelawyer.com (19 April), the magic circle firm has boosted its salaries for associates with one year’s PQE by 14 per cent to £69,000, while two-year PQEs will see an increase […]

Herbies breaks with the past to launch global push

Herbert Smith senior partner David Gold unveiled the results of his overarching strategy review at the firm’s partnership conference in Cannes last weekend (28-29 April), with international expansion the main focus. Gold is determined to make his mark on the traditionally conservative firm and with the help of management consultants has earmarked China, India, the […]

Correction

•In the 16 April issue of The Lawyer it was reported that Clifford Chance‘s two year-PQE associate pay lagged significantly behind Allen & Overy‘s (A&O) because of the latter firm’s bonus system. In fact, the reported figures – £102,700 for Clifford Chance and £128,500 for A&O – were incorrect. The correct figures are £102,700 and […]

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