Weil called in to restructure UK food giant’s £1.7bn debt

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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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Feature: Tabloid blues – privacy and the press

Daily Mail chief Paul Dacre’s speech to the Society of Editors, in which he took Mr Justice Eady to task for his privacy rulings, has laid bare the simmering tensions between certain papers and the judiciary. The sex lives of the rich and famous make for salacious reading, but the juiciest information comes at a […]

Freshfields launches pro bono network

Freshfields Bruckhaus Deringer is to launch an international pro bono network in an effort to encourage greater coordination between offices doing pro bono work. Head of pro bono, Clarissa O’Callaghan, is to take up a global position to coordinate the push, while litigation associate Paul Yates is promoted to head of pro bono in the […]

DWF leaves rivals behind with double-digit growth

The real estate practice at DWF has bucked the trend among North West firms with double-digit growth for the first six months of the 2008-09 financial year. Fee income grew by 12.5 per cent, including 11 per cent growth in real estate. However, this increase was overshadowed by litigation, which was up by 23 per […]

New redundancy consultation puts 76 Eversheds jobs at risk

Eversheds has launched a second round of redundancy talks with 45 lawyers and related support staff, taking the total number of jobs under threat at the firm to at least 76. Those ;affected ;are ­predominantly in the M&A, finance and insurance departments. Within the finance department the ­consultation is focused on real estate and acquisition […]

Gide sees off rivals to win lead role on sale of aircraft manufacturer

Gide Loyrette Nouel has edged out Clifford Chance and Willkie Farr & Gallagher to score its first French instruction from defence company EADS in five years. The firm advised EADS on the sale of aircraft manufacturer EADS Socata to Daher Group, an aviation equipment company. The deal will complete in two stages, with Daher buying […]

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