A&O secures rare win for Macquarie

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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 […]

Recommended

CC to overhaul Italy after chief quits

Clifford Chance‘s Italian offices are to elect a new managing partner following the announcement that incumbent Nicholas Wrigley is to step down. Wrigley announced his decision on Thursday (12 October) after a three-month sabbatical. He has been managing partner since 2002, when his predecessor Vittorio Grimaldi defected to set up his own boutique, taking 26 […]

Struggling Wallenstein becomes easy target

IP boutique Wallenstein & Wagner is disintegrating, with specialist and national firms rushing to benefit. The Chicago firm’s problems are understood to have been sparked by an unconfirmed contract dispute. However, it has been struggling since entering a costly lease agreement three years ago for its South Wacker Drive premises. Former partner James Muraff explained […]

Former chief Cornell calls time on Clifford Chance career

Former Clifford Chance managing partner Peter Cornell has decided to resign from the magic circle firm. As first revealed on www. thelawyer.com (10 October), Cornell will leave Clifford Chance at the end of the calendar year, having relinquished the managing partner role in May. Chairing a conference run by The Lawyer last week on strategic […]

A&O senior associates in line for £200,000

Magic circle firm launches new financial package in bid to retain talent Senior associates at Allen & Overy (A&O) could earn up to £200,000 as part of a complete overhaul of the magic circle firm’s career structure. As first reported on www.thelawyer.com last Thursday (12 October), A&O has abolished its current bonus system and will […]

Green papers

Unlike the UK’s DTI, Ireland’s ODCE has power to prosecute criminal offences – and law firms have been correspondingly busy, reports Brid Munnelly A key weapon in the armoury of corporate law enforcers is the corporate investigation. Ireland has seen an increased focus on investigations into Irish companies and their management following various reports and […]

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