Allen & Overy boosts New York Tax Capability

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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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Scottish & Newcastle

It is nearly a year since Peter Kennerley left Simmons & Simmons, where he was a corporate partner, to join Scottish & Newcastle (S&N), the UK’s biggest brewer. “I am company secretary and corporate lawyer, so I am doing the corporate law I did before but in an in-house capacity advising the board. It is […]

Ernst & Young appoints team for litigation unit

The law firm of accountancy giant Ernst & Young in Paris has poached a top litigation partner and his team from US firm Shearman & Sterling. Eric Teynier, two senior assistants and a paralegal will join Ernst & Young to set up a litigation and arbitration department. The practice will work with the accountant’s London […]

Denis Petkovic

Denis Petkovic tells Sean Farrell his reasons for leaving Mayer Brown & Platt for Chadbourne & Parke. “I’ll shut the door. Tell someone I’m having a haircut or something,” Denis Petkovic tells his secretary as he seals his office from his partners at Mayer Brown & Platt. The reason for the secrecy is that Petkovic […]

Cameron McKenna's Head of Africa jumps ship to US firm

Biggs is the third Camerons projects partner to leave for a US firm in just over six months. In August Martin Stewart-Smith and Paul Stock decided to jump ship for the London office of Orrick Herrington & Sutcliffe. Biggs is head of Camerons’ African group and his departure will come as a blow to the […]

DoE and P&O face a battle for Waterloo

Roger Pearson reports on a case which sees the Secretary of State fight off the largest High Court dilapidation claim to date. The scene is now set for the final round of the largest ever High Court dilapidation action, with a claim which could go as high as £18m. The claim, which centres on Elizabeth […]

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