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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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Linklaters’ Sweden names new office leader

Linklaters’ Swedish office is shaking-up its management by ushering in a new managing partner. Jorgen Durban is replacing Rolf Johansson who is returning to full-time fee-earning. Durban is the current head of banking and finance at Linklaters Sweden and has been a member of the Swedish management committee for the past seven years. He was […]

Hannes Snellman reports double-digit profit recovery

Finland’s second largest firm Hannes Snellman has recorded an astonishing 48 per cent rise in profits, smoothing the way for a new managing partner in 2005. The firm made a post-tax profit of €6.75m during the last financial year. The previous year profit had slumped 10 per cent to €4.56m. Turnover rose 13.6 per cent […]

Skadden and Slaughters land bumper CEMEX mandate

Skadden Arps Slate Meagher & Flom has teamed up with Slaughter and May to act on one of this year’s largest takeovers as Mexican cement maker CEMEX acquires the UK’s RMC for £2.3bn. Skadden Arps New York-based corporate finance partner Bob Chilstrom and London M&A partner Scott Simpson led the deal for CEMEX as US […]

Bird & Bird takes Norton Rose German partner

Bird & Bird has recruited an M&A and capital markets partner from Norton Rose to join its burgeoning German operation. Erich Michel is moving from Norton Rose’s Frankfurt office and will join Bird & Bird, which set up in Germany in 2002, on 1 November. Michel is leaving Norton Rose after three years after joining […]

McDermott unveils Dorsey corporate hire for London

McDermott Will & Emery’s London office is bumping up corporate with a lateral from Dorsey & Whitney. Michael McFall is leaving Dorsey after six years at the firm. His clients include technology giant Intel, Pearson and US private equity firm The Carlyle Group. The hire of McFall follows the summer appointment of employment partner David […]

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