2018: Will Lawes – competition will drive fundamental change

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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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Macfarlanes and Slaughters lead as Verizon buys Vodafone stake

Macfarlanes, Simpson Thacher & Bartlett, Slaughter and May and Wachtell Lipton Rosen & Katz are all taking lead roles in the much-anticipated deal between Vodafone and Verizon Communications. Following several weeks of speculation Verizon announced this evening (2 September) it would be buying Vodafone’s 45 per cent stake in Verizon Wireless, America’s largest mobile network, for […]

By any other name: mistaken identity

By Alexander Kingston-Splatt In the case of Derek Hodd Limited v Climate Change Capital Limited the High Court has delivered a significant judgment that may assist those who fall victim to the consequences of mistaken identity. It is common for businesses to use trading names which bear little or no resemblance to the names of the […]

Future gazing

What a busy first week after the summer break. Clyde & Co found itself an ally in Indonesia, while Allen & Overy’s former Asia restructuring head David Kidd has found a new home at Linklaters. Some are less fortunate, such as K&L Gates’ former Hong Kong partner Navin Kumar Aggarwal, who has been sentenced to […]

brussels belgium

Osborne Clarke beefs up offices in Paris and Brussels

Osborne Clarke has continued its European expansion with two partner hires in its newly formed Paris and Brussels offices. The firm has appointed IP partner Claire Bouchenard to its Paris office, which was set up in July (22 July 2013), and former Linklaters managing associate David Haex to the Brussels office, which opened in June […]

Treasury and IRS adopt ‘state of celebration’ rule for same-sex marriages — implications for employee benefit plans

By Susan Serota, Peter Hunt, Christine Richardson and Marta PorwitThe US Department of Treasury (Treasury) and the Internal Revenue Service (IRS) issued guidance treating a same-sex couple as ‘married’ for all federal tax purposes as long as the couple was legally married in a state or foreign country that recognises same-sex marriage, even if the […]

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